SAS IFRS17 implementation

Client

Insurance company in Canada

Keywords

•    IFRS 17
•    Accounting for insurance contracts

Context

Finalyse supports a leading Insurance firm in Canada with the implementation of the IFRS 17 standard using SAS solution.
The services provided by Finalyse cover two important layers of the project:
 - Functional / actuarial area: A team of IFRS 17 experts supports the customer in the interpretation of the standard, the identification and analysis of IFRS 17 requirements, as well as the business requirements analysis throughout the review of relevant documentation, workshops, and regular calls.
 Technical area: In addition to configuring the SAS IFRS 17 content package and even testing use cases, Finalyse brings its expertise in defect analysis & resolution.

This project highlights the expertise of Finalyse both in functional and technical implementation. 

Benefits of the provided solution

Key success factors

Finalyse Insurance

Finalyse offers specialized consulting for insurance and pension sectors, focusing on risk management, actuarial modeling, and regulatory compliance. Their services include Solvency II support, IFRS 17 implementation, and climate risk assessments, ensuring robust frameworks and regulatory alignment for institutions.

Finalyse Banking

Finalyse leverages 35+ years of banking expertise to guide you through regulatory challenges with tailored risk solutions.
Our multidisciplinary team masters both technical and regulatory aspects, helping you adopt best practices and boost performance.

Finalyse Valuation

Valuing complex products is both costly and demanding, requiring quality data, advanced models, and expert support. Finalyse Valuation Services are tailored to client needs, ensuring transparency and ongoing collaboration. Our experts analyse and reconcile counterparty prices to explain and document any differences.

Finalyse Publications

Discover Finalyse writings, written for you by our experienced consultants, read whitepapers, our RegBrief and blog articles to stay ahead of the trends in the Banking, Insurance and Managed Services world

About Finalyse

Our aim is to support our clients incorporating changes and innovations in valuation, risk and compliance. We share the ambition to contribute to a sustainable and resilient financial system. Facing these extraordinary challenges is what drives us every day.

Finalyse Careers

Unlock your potential with Finalyse: as risk management pioneers with over 35 years of experience, we provide advisory services and empower clients in making informed decisions. Our mission is to support them in adapting to changes and innovations, contributing to a sustainable and resilient financial system.