Press Releases

26 - 12 - 2024

The key change to the new version of GAMA is the possibility to account for expected credit loss provisioning as required by IFRS 9. As always, we paid attention to stress testing, optimized the work of analytical panels and increased the usability of macros.
In the new version, we also expanded the range of formulas to calculate floater rates and provided the option of record keeping for securities with indexation of par value by the price of silver.

The development of GAMA will continue in this regard notwithstanding the large-scale improvements to account for expected credit loss provisioning. Thus, in the near future, the necessary changes will be made in terms of stress testing taking into account the comments of the regulator. In addition, we plan to implement the possibility to automatically generate an allowance, at the request of users.