{"id":111418,"date":"2021-01-29T17:09:18","date_gmt":"2021-01-29T09:09:18","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=111418"},"modified":"2021-01-29T17:09:20","modified_gmt":"2021-01-29T09:09:20","slug":"tpbank-selects-wolters-kluwers-onesumx-ifrs9","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=111418","title":{"rendered":"TPBank Selects Wolters Kluwer&#8217;s OneSumX IFRS9"},"content":{"rendered":"\n<p><strong>SINGAPORE, Jan 29 (Bernama-BUSINESS WIRE) &#8212;&nbsp;<\/strong>Vietnam&#8217;s Tien Phong Commercial&nbsp;<em>Joint Stock Bank<\/em>&nbsp;(TPBank) has chosen Wolters Kluwer\u2019s Finance, Risk &amp; Regulatory Reporting (FRR) business to provide software for helping to ensure compliance with International Financial Reporting Standard (IFRS) 9. The bank will use&nbsp;<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.wolterskluwer.com%2Fen%2Fsolutions%2Fonesumx-for-finance-risk-and-regulatory-reporting%2Fonesumx-ifrs-9%3Futm_medium%3Demployee%26utm_source%3Dpress-release%26utm_campaign%3Dgrc_frr_onesumx-frr_solution-read_TPBankPR_20.01%26wkcid%3D20.01_AP_frr_EN_PR_TPBankPR&amp;esheet=52368644&amp;newsitemid=20210127005576&amp;lan=en-US&amp;anchor=OneSumX+IFRS+9&amp;index=1&amp;md5=9cb9a86b315b0a7c9f5cfb995ad128d8\">OneSumX IFRS 9<\/a>, a module of&nbsp;<a href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.wolterskluwer.com%2Fen%2Fsolutions%2Fonesumx-for-finance-risk-and-regulatory-reporting%3Futm_medium%3Demployee%26utm_source%3Dpress-release%26utm_campaign%3Dgrc_frr_onesumx-frr_solution-read_TPBankPR_20.01%26wkcid%3D20.01_AP_frr_EN_PR_TPBankPR&amp;esheet=52368644&amp;newsitemid=20210127005576&amp;lan=en-US&amp;anchor=OneSumX+for+FRR&amp;index=2&amp;md5=80d954c7d29fe90d1b83ed03c607512f\">OneSumX for FRR<\/a>, for managing its obligations around the accounting standard which is set to be implemented in Vietnam in 2023.<\/p>\n\n\n\n<p>OneSumX IFRS 9 offers a solid framework combining lifecycle information on each individual financial instrument with a comprehensive set of IFRS 9 calculators. The resulting numbers are recorded in a transparent, traceable, and auditable contract level IFRS subledger. The solution supports regulatory disclosures from local supervisors across the globe and offers powerful reporting tools. These features are supported by a data management framework that can capture and store relevant contractual information, manage events and transactions, store IFRS calculations, generate accounting, and process up to the delivery of the disclosures. <\/p>\n\n\n\n<p><a href=\"http:\/\/mrem.bernama.com\/viewsm.php?idm=39208\">http:\/\/mrem.bernama.com\/viewsm.php?idm=39208<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SINGAPORE, Jan 29 (Bernama-BUSINESS WIRE) &#8212;&nbsp;Vietnam&#8217;s Tien Phong Commercial&nbsp;Joint Stock Bank&nbsp;(TPBank) has chosen Wolters Kluwer\u2019s Finance, Risk &amp; Regulatory Reporting (FRR) business to provide software for helping to ensure compliance with International Financial Reporting Standard (IFRS) 9. The bank will use&nbsp;OneSumX IFRS 9, a module of&nbsp;OneSumX for FRR, for managing its obligations around the accounting [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[315],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/111418"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=111418"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/111418\/revisions"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111418"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111418"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111418"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}