IFRS 17 Solutions
Accelerate IFRS 17 implementation with a proven methodology and framework. Comply with the IFRS 17 accounting standard using the industry’s leading end-to-end modern accounting and reporting IFRS 17 software solution—Oracle IFRS 17 Analyzer.
Explore why data management is critical for long-lasting, effective compliance with the new IFRS 17 and LDTI standards in this research report from Oracle and Chartis.
Why choose Oracle’s IFRS 17 software for your business?
The IFRS 17 Analyzer integrates seamlessly with existing infrastructure, linking data, models, systems, and processes between actuarial and accounting functions.
01Align actuarial and accounting modeling and calculations
Preconfigure business rules for the general measurement model (GMM), building block approach (BBA), variable fee approach (VFA), premium allocation approach, and more.
02Achieve strong governance
Consolidate, validate, and reconcile input data from various systems in a unified platform. Gain transparency across the actuarial modeling and financial reporting chain.
03Eliminate inconsistencies across ledgers
Get visibility into journal entries, and reconcile sources and any exceptions before posting to the general ledger. Map cash flows from the subledger to the balance sheet and profit and loss statement.
04Revolutionize reporting
Address financial reporting requirements, including Solvency II, IFRS 9, LDTI, and CECL. Reconcile differences between balance sheets with next-generation business processes.
05Benefit from built-in disclosures
Use predefined quantitative and narrative disclosures for fair value measurement, finance income and expense, increase in credit risk, and any judgements.
06Leverage configurable workflows and automation
Optimize data, the number of calculations, and the periodic revaluation of contracts with automation, scalability, and rapid processing.
Find IFRS17 and LDTI resources
IFRS 17 for the modern insurer
Hear from industry practitioners about best practices to accelerate IFRS 17 implementation—including panel discussions and solution primers.
LDTI vs. IFRS 17: simpler, but not simple
Accelerate your IFRS 17 and LDTI implementation journey. Discover critical areas to consider when assessing your plan for IFRS 17 and LDTI.
Additional IFRS 17/LDTI insights
Additional accounting and regulatory compliance solutions
IFRS 9 (PDF)
Easily integrate IFRS 9, IFRS 17, and LDTI solutions with existing data management applications.
CECL (PDF)
Automate consistent provisioning calculations using a highly configurable application that maintains data integrity and reconciliation.
Regulatory reporting (PDF)
Automate regulatory reporting from data capture to computation and submission to regulatory authorities.
Get started with Oracle’s IFRS 17 solution
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