iBS Impairment Workplace (iBS-IWP)

The cockpit for efficient single risk provisioning as an add-on to SAP Impairment Management for Banking.

With SAP Impairment Management for Banking, SAP will enhance its banking services to include a new highly flexible component for the automated calculation and posting of risk provisioning in accordance with various accounting standards.

The standard software, iBS Impairment Workplace, provides functions and interfaces in the form of an add-on, to enable efficient individual support of significant transactions, thus turning the SAP software into a comprehensive impairment solution.

Benefits

iBS-IWP at a Glance

Enhances SAP Impairment Management for Banking to create a comprehensive impairment solution
Optimizes the "manual parts" of the impairment process
Intuitive, user-oriented Web interface
Documentation that is transparent and audit-compliant at all times
Option of customer-specific enhancement within a project solution
Multilingual (German, English)

Scope of Functions

The iBS Impairment Workplace enables, as a central cockpit for the credit officer, efficient management of expected cash flows (ECF) and the accompanying impairment for financial instruments valued at amortized costs.

iBS-IWP supports the specialist departments responsible (back-office or restructuring/liquidation) during the entire impairment process – from the calculation and formation of risk provisioning through to the complete write-off or re-aging.

Comprehensive Solution for Single Risk Provisioning

Central Management of Work List
User-Oriented Overview of the Impairment-Relevant Data
Comprehensive Functions for Modeling the Expected Cash Flows
Simulation of Different Scenarios
Transparent Reporting of Impairment Effects
Release Process with Automated Transfer to SAP Bank Analyzer
Simple Transfer Between Automatic and Manual Processing
Audit-Compliant Documentation & Historization

Supports Multiple Accounting Standards

Similar to SAP Impairment Management for Banking the iBS Impairment Workplace supports multiple GAAP standards, in particular with respect to the new requirements under IFRS 9.

Integration

Easy to Integrate & Extend

iBS-IWP features a Web front end (ABAP Web Dynpro) and is connected to SAP Impairment Management for Banking via SAP SOA services. Other impairment-relevant data is read via standardized interfaces (such as BAPIs) from SDL & RDL of SAP Bank Analyzer, and if necessary, directly from the operational SAP systems..

ibs-iwp architecture

iBS-IWP can be easily tailored to your institute-specific requirements by means of its customizing functionality. Customer-specific enhancements are also possible.

Implementation

Our Expertise for Your Success

iBS-IWP is a product of iBS AG. Together with selected partners, we help you to implement the solution and adapt it to your individual requirements.

With their technical and professional expertise, they form the link between departments, IT, and external service providers. This, together with the iBS test factory, which actively supports the planning, execution, and assessment of testing activities, ensures successful project outcomes every time.

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