Embracing innovation

Embracing innovation

In the beginning of 2018, we launched the cloud-based platform Zanders Inside, in order to bring innovative risk and treasury solutions directly to our clients.

Since then, the platform has provided many helpful solutions for our clients, making their treasury and risk management processes smarter and easier. The world around us is changing. Technology continues to dominate the corporate agenda and is disrupting the traditional way of working. The world of treasury and risk consulting is not immune to these disruptive forces. Traditionally, consulting mainly revolved around a few bright minds and a flip chart. These days, more than ever, we are looking for new ways to leverage knowledge and technology when taking on our clients’ biggest challenges.

Award-winning added value

By signing up to Zanders Inside, clients can access our expertise through a variety of cloud-based solutions. The first solution that we introduced on Zanders Inside was the Transfer Pricing Solution. This solution helps clients calculate and document the arm’s length price of financial transactions for tax purposes, in a user-friendly and transparent way. In July 2018, Zanders Inside was named ‘European Tax Innovator of the Year’ by the Internal Tax Review Magazine for our innovative approach to transfer pricing.

The Transfer Pricing Solution also received a ‘Highly Commended Winner’ award in the ‘Best Fintech Solution’ category during the Adam Smith Awards 2019. We are proud to receive this recognition for our ability to add value to our clients in new ways.

Enhanced product offering

During 2019, we further broadened the product offering on Zanders Inside. Building upon years of experience in credit risk modelling, we introduced the Condor ECL Solution at the beginning of 2019. The Condor ECL Solution helps clients to perform expected credit loss (ECL) calculations. Featuring a highly modular setup, clients can use their own PD, LGD and EAD models or leverage the credit risk models of Zanders. The calculations enable clients to comply with CECL or IFRS 9 regulations for financial instruments. The Condor ECL Solution will be part of the Zanders Inside Credit Risk Modelling Suite.

We also successfully launched the Savings Modelling Solution for several of our clients. This solution was built by our in-house Python development team on the basis of state-of-the-art modelling techniques. Using the Savings Modelling Solution, banks can easily create and maintain a model to support their risk management processes for savings accounts. In addition, we offer hands-on support during the model design and implementation phase.

Other new solutions include the Zanders Market Data Platform and the IBR Lease Solution. Our Market Data Platform enables clients to manage and control their market data through our collaboration with Brisken.

The IBR Lease Solution leverages our transfer pricing capabilities to enable clients to calculate the incremental borrowing rate for lease transactions, in compliance with IFRS 16 and ASC 842 guidelines. To familiarize our clients with these solutions, we hosted several successful webinars in 2019.

Embracing digital treasury and risk

What’s in store for the future? We are continuously developing new services and products, while working with clients to deliver innovative solutions. As our clients venture into the digital era full of new opportunities, so do we. The future of treasury and risk is here – let’s embrace it.

Find out more on our website: www.zandersinside.com.
Or contact us directly via inside@zanders.eu.