IFRS Compliance to Credit Risk Analytics
What is IFRS?
It is the set of principles regulating the appearance of each balance and transaction in the financial statements. With IFRS, which aims to enable businesses in different countries to understand and compare each other's financial statements, it is aimed that all businesses speak the same language in financial reporting.
Deliverables for the project:
UX/UI Designer · Prototyping · Creating User Flow · Problem Solving · Design Thinking · Wireframing · Design System · Commitment to Agile principles
Problem
There was an institutional and customary structure in the institution where we worked. In this, there was a need for efficient use of time, from the use of excel to old slow software.
However, an old interface and software cannot provide functional reports on screens. It was a structure where new-generation integrations could not be done easily.
The habits here weren't necessarily in today's user experience perspective.
Solutions
We got their IFRS solution from bulky programs. I took part as a Product Designer in transforming it into a user-friendly system run via a web browser with a modern and intuitive user interface.
I designed features like easy report visualizations, assigning users, and creating temporary pivot tables.
User experience and interface design studies that I have done, data sets, balance sheet reports, simulations, etc. It was user-friendly.
The Result
I designed an experience that integrates key IFRS features, from organizing data and analytics to reporting risk and profitability.
These interface designs will make the data management standards functional for financial services. This ongoing partnership proves that our core belief in simple, useful and beautiful solutions is a recipe for success.
