To foster stability in the global financial system, banking and financial institutions are gearing up to comply with the new International Financial Reporting Standards 9 (IFRS 9) and Current Expected Credit Loss (CECL in US) regulations. Global banks are in the midst of implementing large multi-year programs to achieve IFRS 9 / CECL compliance. Wipro’s team of techno-functional experts are well prepared to help banks accelerate implementation using our frameworks and accelerators.