This report updates our view of the market for CRQ solutions, highlighting the major trends and developments, and assessing the vendor landscape.
In this report, created in collaboration with Workiva, we focus on the challenges associated with IFRS 17 reporting, and consider solutions to those challenges from the perspectives of accounting policy and technology implementation. And in highlighting the reporting stage of IFRS 17 compliance, we focus specifically on how decisions about the presentation of data can dictate the character of final disclosure.
In this report we consider insurers’ evolving technology requirements for compliance with IFRS 17 and its US counterpart LDTI. As part of our analysis we also examine the core principles of LDTI, and the main areas in which it differs from IFRS 17. Because many insurers do business across regions and reporting regimes, we also consider the climate of multi-GAAP reporting, which requires multinational businesses to comply with different accounting regimes simultaneously.
Risk and finance technology has been directly affected by the COVID-19 crisis. This article looks at the underlying forces that dictate how risk and compliance projects are built and how technology evolves: namely, human beings.