Astrik, in partnership with Grant Thornton Pakistan, signed an agreement with JS Bank to develop and implement a comprehensive IFRS 9–compliant Expected Credit Loss (ECL) and Effective Interest Rate (EIR) automation system. The enterprise-grade platform will replace manual spreadsheet-based processes with a secure, unified, and auditable solution designed to improve reporting accuracy, regulatory compliance, and operational efficiency.
The collaboration brings together Astrik's technology and intelligent automation expertise with Grant Thornton's financial and technical experience to strengthen JS Bank's credit risk infrastructure.
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