• Jabatix – Saas platform for financial accounting
  • Company
  • Banking Platform
  • Continuous Renewal
  • Developers
  • Contact Us

Banking Platform

The Jabatix platform allows you to free up capacity rapidly, deploying banking services by solely relying on proven SaaS technologies.

Financial Accounting

This multi-GAAP financial accounting software contains all the functions required for the creation of financial reports and notes. This includes the calculations relevant for the initial and subsequent measurement of financial instruments as well as the financial accounting of transactions which covers the entire life-cycle of financial and non-financial instruments. The embedded Accounting Rules Engine generates journal entries for all accounting transactions. Financial statements such as balance sheets and notes are supported. 

IFRS 9

The module includes the valuation of financial instruments, calculations for impairment and hedge management as well as consolidation with multi-currency capability. The IFRS accounting logic and the standard chart of accounts are preconfigured.

Collective Impairment Stage 1 and Stage 2

The ECL module calculates probability-weighted expected credit losses (pwECL) in line with IFRS 9 requirements. This includes the calculation of 12-month pwECL with PD, LGD und EAD as well as lifetime pwECL for assets assigned to stage 1 or 2.

Impairment Stage 3

For financial assets with objective evidence of impairment, the module ensures that specific provisions (SP) and lump-sum specific provisions (LSSP) are dealt with in line with IFRS 9 requirements.
The solution covers all valuation and accounting issues linked to stage 3 impairment.

EBA/FINREP/COREP

Hundreds of pre-defined reports according to the EBA standards are generated automatically. These reports are permanently updated without an additional interface and software. The entire setup is preconfigured.

Want to know more?

Get in touch

Contact Us

Contact


1a, op der Ahlkerrech
L-6776 Grevenmacher
Tel: +352 402244-2
squirreljabatix.net

Jabatix – Saas platform for financial accounting

Topics


  • Company
  • Banking Platform
  • Continuous Renewal
  • Developers
  • Careers
  • Contact Us

Information


  • Site notice
  • Cookie policy
  • Terms of use
  • Privacy policy
  • Disclaimer

Social Media


  • LinkedIn
  • Xing
  • Facebook