As a holding company, managing multiple subsidiaries and investments can be complex. IFRS 9, the new financial reporting standard, can help streamline your financial operations and provide a clearer picture of your group’s financial health.
IFRS 9 Benefits for Holding Companies
IFRS 9 offers several benefits for holding companies, including:
Improved risk management
IFRS 9’s expected credit loss (ECL) model helps you identify potential credit risks and make informed decisions.
Enhanced transparency
IFRS 9 provides a consistent framework for reporting financial assets and liabilities, making it easier to compare performance across subsidiaries.
Simplified consolidation
IFRS 9’s single model approach eliminates the need for multiple impairment models, reducing complexity and costs.
But, implementing IFRS 9 can be challenging, especially for large holding companies with multiple subsidiaries.
That’s where Estimator9 comes in – our automated IFRS 9 solution!
Estimator9 – Our Automated IFRS 9 Solution
Estimator9 simplifies the IFRS 9 implementation process, providing:
- Accurate ECL calculations
- Automated impairment testing
- Comprehensive reporting and disclosure
Don’t let IFRS 9 implementation hold you back. Try Estimator9 today and streamline your financial reporting!
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Muzammal Rahim Khan is the CEO and Co-Founder of FineIT, bringing over 15 years of expertise in software development, implementation, and technical consulting across global markets including the U.S., U.K., Europe, Africa, and Asia. He has led the design and delivery of enterprise-grade solutions that modernize compliance, risk management, and financial reporting for banks and financial institutions. Under his leadership, FineIT has built flagship platforms such as Estimator9 (IFRS 9) and ContractHive (IFRS 16), empowering clients with automation, accuracy, and audit-ready confidence. Muzammal combines deep technical knowledge with strategic vision, driving innovation that bridges regulatory requirements with practical, scalable technology. His focus remains on building resilient, future-ready solutions that strengthen trust and efficiency in financial services.