IFRS is a reporting solution targeted at the financial sector, specialized for the generation of regulatory reports for the Angolan market.
It is a solution that centralizes in a structured manner relevant information for the production of regulatory, information, management and operational reports.
IFRS allows banks to ensure compliance with legal requirements. It is a management tool, since the centralized information is used to produce numerous management reports with the main indicators of the institution.
The solution is based on an extensible integration model from which the data is imported from different sources through connectors for various backend systems. It additionally allows the extension of the model to manage local data of the system in cases where the required supplementary information does not exist in the backend models.
This solution will meet the requirements of the National Bank of Angola (BNA) according to the CONTIF accounts plan and the CIRC Credit Risk Central system.