Aptitude named the category award winner for IFRS 17
This is the third year Aptitude has been recognized by Chartis Research.
LONDON, 21 November 2022 /CNW/ — For the third consecutive year, Aptitude Software has been recognized by Chartis Research for the strength of its IFRS 17 solutions. Most recently, Aptitude was named the category award winner for IFRS 17 – Accounting Systems in Chartis 2023 RiskTech100® Report, which assesses leading providers of risk technology solutions.
Aptitude is a specialist provider of financial digitization and subscription management software solutions and provides the IFRS 17 solution for leading global insurers, reinsurers and insurers such as Aviva, Great Eastern Life, FWD Group, wefox, Hollard Group, Transamerica and many others.
Siddhartha Dashcomments Director of Research at Chartis, “For the third consecutive year, Chartis recognizes the maturity of Aptitude’s IFRS 17 solution offering. The depth of insurance-specific accounting IP and the level of automation, processing and reporting capabilities set them apart in this area.”
With the IFRS 17 regulatory deadline just over a month away, insurers are rushing to ensure that all the necessary data, calculations and reporting capabilities are in place to meet the requirements of the complex new standard. Aptitude has two IFRS 17 solutions on the market that have been implemented in over 46 countries.
Aptitude’s IFRS 17 solution is the most mature offering on the market with metrics, business events, processes and granular disclosures to accommodate all measurement models and accelerate and de-risk the implementation process. Aptitude IFRS 17 Comply is a simplified, pre-configured version of the Aptitude IFRS 17 Solution, designed for insurance companies looking for a faster, more standardized path to IFRS 17 compliance while laying the foundation for future transformation projects.
About Aptitude Software
Aptitude Software delivers software solutions that equip organizations to drive efficiency, empower teams and unlock growth potential. Aptitude’s open, flexible, modular subscription management and finance digitization solutions enable businesses to do more with less today, while helping them rethink how they operate, perform and scale in the future
About Chartis Research:
Chartis Research is the leading provider of research and analysis in the global risk technology market. It is part of Infopro Digital, which owns market-leading brands such as Risk and WatersTechnology.
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SOURCE Aptitude Software Limited
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