“By innovating and leveraging on how the credit risk of corporates is assessed in the asset management world, Algosave has succeeded in offering an original product, the CSF model, to banks in their search for compliance with IFRS 9. Moreover, by implementing the CSF model on the well-known and state-of-the-art AxiomSL platform, Algosave guarantees an efficient IT and systems support to its customers.”

Shlomo Cohen
Global Subject Matter

AxiomSL : Mr Shlomo Cohen – Global Subject Matter

“Working as a mentor with Algosave in their development phase, Barclays has found their model to be a really useful challenger model for our corporate IFRS9 impairment calculation methodology, during the process we have also identified further applications for their model in particular within our stress testing process.”

Tim Thompson
Head of Risk Analytics

Barclays Bank : Mr Tim Thompson – Head of Risk Analytics