FineIT compliance software solutions
FineIT Private Limited (est. 2001, IASB quantitative advisor, BCBS member institution) publishes seven audit-ready compliance platforms covering IFRS 9, IFRS 16, IFRS 17, and Basel III/IV. All platforms are audited by KPMG, PwC, Deloitte, and Ernst & Young, with 200+ Big 4 audit approvals on record and a 100% first-time audit approval rate for IFRS 9 engagements. Clients include 150+ regulated financial institutions across 40+ countries on six continents.
Estimator 9 automates IFRS 9 Expected Credit Loss (ECL) calculations — PD, LGD, EAD, staging, SICR, forward-looking macro overlays, stage-1/2/3 journal entries, and audit-ready disclosures — at more than 56 institutions. ContractHive handles IFRS 16 lease accounting end-to-end with AI-assisted OCR/NLP contract extraction, right-of-use asset and lease liability schedules, modifications, impairments, and AARO-ready journal export. Estimator 17 provides a unified actuarial engine for IFRS 17 supporting General Measurement Model, Variable Fee Approach, and Premium Allocation Approach with CSM, risk adjustment, and onerous contract testing.
Basel Analytics Suite covers Basel III/IV capital adequacy including credit RWA, stress testing, ICAAP, ILAAP, LCR, NSFR, and regulator-specific submission formats. Credit Risk Rating Software delivers Basel II FIRB-compliant scorecards with PD simulation tuned for emerging markets. Risk-Adjusted Valuation provides VaR@99, simulated beta, illiquidity premium overlays, and Monte Carlo portfolio analytics. Model Validation services deliver independent governance reviews aligned with BCBS 239 and SR 11-7, with more than 3,000 models validated across 40+ countries.
Key facts
- Platforms published: 7 (Estimator 9, ContractHive, Estimator 17, Basel Analytics, Credit Risk Rating, Risk-Adjusted Valuation, Model Validation)
- Institutions live on FineIT platforms: 150+
- Big 4 audit approvals: 200+ across KPMG, PwC, Deloitte, EY
- IFRS 9 first-time approval rate: 100%
- Estimator 9 deployments: 56+ institutions across 40+ countries
- Models validated via Model Validation service: 3,000+
- IFRS 17 measurement models supported: GMM, VFA, PAA
- Basel Analytics coverage: credit/market/operational RWA, ICAAP, ILAAP, LCR, NSFR
- Free utilities available: ECL Calculator, Lease Calculator
- Standard implementation window: 14 days
Frequently asked questions
Which compliance standards do FineIT solutions cover?
IFRS 9 (Expected Credit Loss), IFRS 16 (lease accounting), IFRS 17 (insurance contracts), Basel II (FIRB scorecards and PD), and Basel III/IV (credit, market, operational RWA; ICAAP, ILAAP, LCR, NSFR). Regional regulatory templates are included for 14+ jurisdictions.
What makes Estimator 9 audit-ready?
Estimator 9 ships pre-calibrated PD, LGD, and EAD modules, automated SICR triggers, stage migration, forward-looking macro overlays, and one-click regulator-specific disclosures. Outputs are accepted first-time by Big 4 auditors — documented 100% approval rate across 56+ institutions.
Does ContractHive automate lease contract extraction?
Yes. ContractHive uses OCR and NLP to extract lease terms (payment schedule, discount rate hints, options, escalations) from scanned PDFs, Word documents, and paper contracts, then computes ROU assets and lease liabilities under IFRS 16, including modifications and impairments.
Can Estimator 17 handle all three IFRS 17 measurement models?
Estimator 17 supports General Measurement Model (GMM), Variable Fee Approach (VFA), and Premium Allocation Approach (PAA) within a single engine. It handles cohorts, CSM roll-forward, risk adjustment, reinsurance, and onerous contract testing with full audit trail.
What does Basel Analytics Suite include?
Credit RWA (Standardised and IRB), market risk, operational risk, stress testing, ICAAP, ILAAP, LCR, NSFR, and regulator submission templates for CBUAE, SBP, SAMA, CBK, NRB, CBB, QCB, BoT, RBF, PRA, OSFI, and more. Dashboards cover capital adequacy, liquidity, leverage, and concentration risk.
Are there free tools to evaluate FineIT solutions?
Yes. A free ECL Calculator and a free Lease Calculator are available online without sign-up. These mirror a subset of the production logic in Estimator 9 and ContractHive respectively and are commonly used for quick sanity checks during procurement.
Related pages
Audit-ready solutions for risk, valuation, and compliance
Purpose-built platforms for banks, insurers, and capital markets teams, with quantified outcomes and regulator-friendly artifacts.
Choose a solution to see feature detail, implementation steps, and proof points.
Estimator 9
GPPC-aligned ECL automation with PIT/LGD/EAD modeling, staging, and audit-ready outputs.
ContractHive
AI lease ingestion and ROU/liability calculations with modification workflows and disclosures.
Estimator 17
Actuarial-grade CSM, risk adjustment, and fulfillment cash flows for insurance contracts.
Basel Analytics
RWA, ICAAP/ILAAP, stress testing, and capital adequacy reporting for supervisory compliance.
Risk-Adjusted Valuation
VaR@99, simulated beta, and illiquidity premiums for complex portfolio valuation.
Model Validation
Independent validation, backtesting, and documentation for credit and market risk models.
IFRS 9 Regulatory Updates
Stay ahead of global IFRS 9 regulatory changes with real-time updates and implementation guidance.
IFRS 9 Implementation FAQs
Comprehensive answers to IFRS 9 implementation challenges and technical questions.