As the new IFRS 17 model promises to make discount rates more comparable across insurance companies and other financial services providers, insurers are evaluating how the changes will impact their income statements, processes and systems. To ensure that all aspects of the requirements are addressed, they need to consider how they can use technology to facilitate coordination between their finance and actuarial teams.

Creating and consolidating IFRS 17 reports is a complex process specific to each organization—potentially involving thousands of discrete tasks. Read this Industry Brief to further examine how Insurers can achieve a centralized approach that enables flexibility, agility, speed, and control.