Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Aptitude IFRS 17 Comply is a software-as-a-service solution that provides a fast, cost-effective, and efficient way to achieve compliance with IFRS 17 standards. This streamlined, pre-configured variant of our comprehensive Aptitude IFRS 17 Solution is tailored for insurance companies that require a swift and standardized approach to meet IFRS 17 regulations, while also establishing a solid groundwork for future transformation initiatives. The IFRS 17 standard is an essential compliance obligation for relevant insurers. While some larger insurance firms are leveraging the standard as an opportunity to enhance their financial and actuarial processes, many smaller insurers aim to fulfill compliance requirements with minimal disruption, at the most economical price point, and utilizing limited resources. In response to this growing need, Aptitude has crafted IFRS 17 Comply to cater to insurers seeking a solution that is not only quick to deploy but also ensures adherence to necessary compliance standards. This approach allows insurers to focus on their core activities without being bogged down by complex compliance challenges.
Description
The AXIS actuarial system from Moody’s Analytics stands out as a comprehensive modeling tool utilized by insurers, reinsurers, and consultants for conducting actuarial assessments related to life insurance and annuity operations. This system prioritizes performance and simplicity in implementation while offering flexibility, durability, scalability, and cost-effectiveness. It enables users to harness significant computing capabilities through either a sophisticated cloud-based platform or traditional software installations. As a versatile vendor-supported actuarial solution, AXIS accommodates various functions, including reserving, asset and liability management (ALM), pricing strategies, financial modeling, capital computations, hedging practices, and the establishment of financial frameworks. Users can project future monthly cash flows based on initial liabilities and invested assets for a period extending up to a century. Furthermore, the system allows for the assessment of different business segments utilizing both deterministic and stochastic methods to analyze profitability and surplus fluctuations, as well as to assess the implications of reinsurance arrangements and modifications in premiums or other plan values, providing a thorough approach to financial planning and management.
API Access
Has API
API Access
Has API
Integrations
No details available.
Integrations
No details available.
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Aptitude Software
Founded
2008
Country
United Kingdom
Website
www.aptitudesoftware.com/product/aptitude-ifrs-17-comply/
Vendor Details
Company Name
Moody's Analytics
Country
United States
Website
www.moodysanalytics.com/product-list/axis
Product Features
Compliance
Archiving & Retention
Artificial Intelligence (AI)
Audit Management
Compliance Tracking
Controls Testing
Environmental Compliance
FDA Compliance
HIPAA Compliance
ISO Compliance
Incident Management
OSHA Compliance
Risk Management
Sarbanes-Oxley Compliance
Surveys & Feedback
Version Control
Workflow / Process Automation