Enterprise Risk Management Technology Guide 2024/25

Addactis - IFRS17 Solution

Type of System

  • Analytics
  • Asset/liability management
  • Capital modelling
  • Data management
  • IFRS 17 solution
  • Internal/external reporting
  • Solvency II solution

Type of platform

  • Desktop-based
  • Grid
  • Server-based
  • Web-based

Other features - does your offering facilitate

  • Solvency II internal model
  • Solvency II standard formula

What are the typical implementation costs?

The solution can be implemented with minimum configuration effort by applying the rich out-of-the-box functionalities. This ready-to-go product allows us to propose use-cases in two weeks’ time. Additionally, there is flexibility for further customisation, the cost of which depends on the required changes. 

How long does your software take to implement on site?

The configuration of the standard package can last from a few weeks to six months depending on the type and complexity of business. Additional customisation requirements can increase the total implementation time to twelve months.

Please name companies that use the system/solution

There are more than 50 IFRS 17 projects fully implemented at a worldwide level in Asia, Latin America, Europe and Middle East. Some of them have been implemented by our IFRS17 specialists, and others in cooperation with big four and large local partners. 

Contacts

Email: [email protected]