IFRS 17, IFRS9 and IFRS 9 Software | ECL Software | Expected Credit Loss Software

What is IFRS 17?

IFRS 17 is the global accounting standard for insurance contracts, issued by the International Accounting Standards Board (IASB).It fundamentally changes how insurance companies measure, report, and disclose insurance contract liabilities.

Key Features

ECL Calculation

Automates PD, EAD, and LGD calculations with precision

Regulatory Compliance

Full alignment with IFRS 9 standards

Audit-Ready Reports

Transparent and accurate financial statements

Benefits

Aligns with global accounting standards
Enhances transparency and financial comparability
Automates complex actuarial and accounting tasks
Improves operational efficiency
Supports multiple measurement models (BBA, VFA, PAA)
Seamless parallel processing with IFRS 9
Provides a comprehensive framework for risk adjustment and discounting
Reduces manual intervention through automation and integration

Close Integration with IFRS 9

Parallel Processing

Seamlessly process financial instruments and insurance contracts in parallel.

Unified Compliance

Complete solution for organization-wide compliance requirements.

Ready to Comply with IFRS 17?

Let our team guide you through every step of compliance.

IFRS 17, IFRS9, and IFRS 9 Software Solution

FineIT a comprehensive platform for insurance contract accounting that ensures full compliance with IFRS 17, IFRS9, and IFRS 9 standards.