wtw - Financial Results Analyzer
Type of System
- Analytics
- Data management
- IFRS 17 solution
- Internal/external reporting
- Stress and scenario testing
- Financial forecasting and planning
Type of platform
- Cloud
- Desktop-based
- Server-based
Other features - does your offering facilitate
- IFRS 17
- Granular Accounting Framework
- Secure SQL database, an IFRS 17 data schema and a flexible data model
- Suite of Power BI reports – IFRS 17 Disclosures and granular analytics
- Controlled and automated by standardised WTW Unify workflows.
What are the typical implementation costs?
This varies with the scope of the implementation and the complexity of the insurance operation. The solution is designed to work with the WTW IFRS 17 calculation engines and can also incorporate data from third-party sources, including non-IFRS 17 financial data. The implementation costs are therefore largely dependent on your desired end-to-end architecture and any customisation requirements.
How long does your software take to implement on site?
As for the implementation costs, this depends on the size and complexity of the insurance operation and the current state of a clients’ IT systems. Where existing WTW IFRS 17 engines are implemented and the IT architecture is ready for immediate installation, then set-up and testing can be complete in a matter of weeks.
Please name companies that use the system/solution
Financial Results Analyzer was first launched in 2023 with an update release in early 2024. We have more than 20 client groups now using it to support their reporting and many other companies exploring how it can be used to bridge the current gaps in their reporting processes.
Contacts
Email: [email protected]