Finalyse has developed an IFRS 17 calculation and reporting tool for small and medium size insurers. This simple and robust tool can be either used to produce or validate IFRS 17 results. It uses actuals, projected cash flows and market data as input to generate IFRS 17 measures and standard reporting (Disclosure 100, 101, statement of financial income, balance sheet, etc.).
Finalyse’s IFRS 17 tool is easy to implement, user-friendly and adaptable to our clients’ requirements. It is far from being a black box as its transparency allows each IFRS 17 measure to be auditable and traceable throughout the calculation chain.
Finalyse’s IFRS 17 tool can be easily adapted to our clients’ interpretation of the standard and policy choices.
It meets all the minimum IFRS 17 reporting requirements but can also be customised to produce additional and more granular reportings according to our clients' specific needs in terms of breaking down IFRS 17 results and internal ad hoc or regular reportings.
Our validation toolkit includes a broad library of use cases which may also be used for illustration purposes as well as for validation purposes.
Our IFRS17 implementation partner team comprises of very experienced IFRS 17 actuaries, business analysts and project managers who will accompany you through each step of your IFRS 17 implementation or IFRS 17 validation project.
We also provide IFRS 17 training and learning materials for your actuarial, risk and accounting teams.