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The knowledge platform for the financial technology industry

A-Team Insight Blogs

FlexFinance IFRS Live After a Three Month Project Implementation Period

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One year ahead of the Central Bank’s schedule, Access Bank, FERNBACH Software’s first Nigerian customer, announced the successful completion of its FlexFinance IFRS implementation. In a record time of less than 3 months, the joint team of Access Bank, KPMG and FERNBACH implemented FlexFinance IFRS. By completing the project, Access Bank has enlisted Nigeria among the 120 global territories that have acquired capacity for compliance with the International Financial Reporting Standards.

The short project duration was based on FERNBACH’s standard software and the inbuilt IFRS best practice.

FERNBACH-Software has worked tirelessly to build and strengthen its internationally renowned network of partners. We continue to invest in these partnerships to ensure that we can offer you, FERNBACH expertise fully interlaced with the on the ground local knowledge of your market that our partners can provide. In this way we can offer the best of all worlds to service our growing base of international customers.

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