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ease
features
design
support

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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

Imagine boosting the accuracy of compliance testing while simultaneously cutting costs. True Comply streamlines the traditionally labor-intensive and expensive compliance testing by automating the document review process within a unified platform. You can assess your entire portfolio in a fraction of the time it would require to manually evaluate even a smaller subset. This approach provides a more comprehensive understanding of your organization’s compliance status and significantly mitigates the risk of incurring hefty non-compliance penalties. The automation offered by True Comply removes the necessity for manual comparisons between loan documents and the data submitted to regulators. By identifying discrepancies and exceptions early on, you can avoid wasting time later during your audit. Relying on testing only a small portion of your loan submissions poses considerable risks, as mistakes may go unnoticed. With an upgraded document review process, you'll have the opportunity to conduct a more in-depth analysis, empowering your organization to ensure compliance effectively and efficiently. This not only protects your company but also enhances its reputation in the market.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

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

PwC

Founded

1998

Country

United Kingdom

Website

www.pwc.com/us/en/products/true-comply.html

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

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

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