IFRS 9, Credit & Collection Analytics

IFRS 9, Credit & Collection Analytics


IFRS 9 for Small, Medium and Large companies

We independently value your Receivables book and then deliver our actuarial report, setting out the entries you need to make in your accounts and financials, under IFRS 9. Our report serves as your source document for the auditor. We defend the figures and meet with the auditor, should the auditor demand further depth.

This is a quick and painless and professional way of taking care of your IFRS 9 burden, by professionals who are trained to consider probabilities of credit default. Please contact Mr Ernest Louw FASSA at ernest.louw@luxactuaries.com or +971 54 441 7520 for an obligation free discussion.

Your Service Professionals

Ernest Louw (GCC and Europe) and Kathya Ledesma (Mexico) are offer the Credit Rating and Collections Strategies service offering at Lux.

Scoring Models

A quantitative process that ranks customers in terms of the likelihood of occurrence of a specific event. Scorecards, combined with other business strategies such as expected approval rates, profit, collection and losses, are used as a basis for the decision-making.

Loyalty Strategies

These strategies assist to identify the most profitable clients and develop a strategy to encourage their loyalty and maximize their activities with the organization.

Policies Documentation

We design robust policies, which allow companies to take stronger control of the approval of loans process, setting minimum requirements such as income and credit bureau ranking. These policies form a critical component of companies’ internal control processes for regulatory compliance.

Collection, or ‘Champion and Challenge’ Strategies

We help companies achieve target levels of collection success in terms of both profits and costs incurred. We design collection initiatives that improve profitability, service and cash collected whilst reducing operational costs. In addition, these strategies identify clients by their probability of default and test alternative collection treatments.

Payment Solutions

We help to reduce companies’ losses by designing customized payment solutions for their clients, for example loan restructuring products or settlement agreements.

Portfolio Sale

We develop a selling strategy to identify and evaluate a segment of a portfolio and propose a selling price according to desired objectives.