Case Study: Top-30 Bank Holding Company achieves IFRS 9 & CECL readiness and streamlined allowance processes with SS&C Technologies' EVOLV Reserving Solution

Takes a holistic approach to IFRS 9 Impairment and CECL transition with EVOLV Reserving Solution

Top-30 Bank Holding Company faced an aging, manually intensive reserving system with limited reporting and scenario-analysis capabilities, compounded by the impending transition to IFRS 9 Impairment and FASB’s CECL and the need to support both IFRS and U.S. GAAP. The bank engaged SS&C Technologies’ SS&C EVOLV (EVOLV Reserving Solution) to replace legacy processes and meet dual‑filing accounting and regulatory requirements.

SS&C Technologies implemented SS&C EVOLV to centralize data import/validation, host models across lines of business, enable qualitative adjustments, enforce controls and audit trails, and deliver granular reporting and analytics. The solution automated data cleansing and reporting, eliminated many manual overrides and reconciliations, strengthened controls and data lineage, and provided IFRS 9 and CECL readiness—boosting productivity, reducing operational risk, and improving transparency with instrument‑level reserve attribution and on‑demand what‑if analysis.