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Unified data – Key to IFRS 9 implementation Regulatory information brief (Part II)

Compliance with International Financial Reporting Standard (IFRS) 9 necessitates a wholesale change in how institutions manage and utilise data. The IFRS 9 data challenge is formidable, but firms need not tackle it alone. 

In the drive for IFRS 9 compliance, the way institutions manage and utilise data will drastically change. This white paper explores how - for firms looking to capitalise on this overhaul - utilising external data sources to ensure efficiency and freeing of in-house resources is pivotal for maximising profitability.