On July 24th 2014 the IASB has issued the final version of the international accounting standard IFRS 9 financial instruments replacing the existing IAS 39 standard. The new Standard will come into effect on January 1st 2018 with earlier application permitted.

The package of improvements introduced by IFRS 9 is based on a three phase model:

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For a credit officer "gwantec Impairment Workplace" is the interface to communicate with the SAP Impairment solution of the SAP Bank Analyzer. The employee is offered a modern interface (web based or classic SAP GUI) that he can use to view, edit, sign, and release all data relating to an impairment case. The web-based interface gives you the opportunity to use the software in a location- and device-independent manner (in compliance with the company's IT, security and secrecy guidelines).

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