Accelerate IFRS 17 compliance with a solution that's equally as quick to implement as it is to use. Building from our Solvency II experience, CCH Tagetik IFRS 17 is a pre-configured starter kit that provides you with all the functionality to comply with IFRS 17’s requirements – including general, premium allocation, and variable fee model – while seamlessly integrating with your existing actuarial, finance, and risk systems.
CCH Tagetik IFRS 17 simplifies compliance with a powerful data engine and reporting hub. You get a data repository, calculation modelling, reporting and disclosures in one easy-to-use solution. Since we built our solution for finance, you can easily adapt to the evolving standard as it changes, without coding. Get the transparency you need and make complex compliance easy with CCH Tagetik.
CCH Tagetik IFRS 17: Insurance Contracts software is recognized by leading Analysts:
3 reasons why CCH Tagetik IFRS 17 let's you focus on your business
Get Compliant Quickly
Quickly and accurately comply to IFRS 17’s three approaches. Automate data collection, calculations, reports and disclosures and control the process by using our workflow and audit trail.
Fast, Accurate Calculations
Quickly calculate present value of future cash flows, contractual service margin (CSM), liability for remaining coverage (LRC) and incurred claims (LIC), perform onerous contract test and analyze movements.
Insurance Contract Data Repository
Our solution plugs into your existing systems architecture – without disruption. CCH Tagetik seamlessly connects to actuarial, finance and risk systems and centralizes all contract data in a single trusted source.
See CCH® Tagetik IFRS 17 in action
CCH Tagetik's Insurance Contracts: IFRS 17 is trusted by leading companies across all industries.
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Accelerant
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Pure Insurance
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Samsung Life Insurance
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Triglav
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RSA Insurance
Accelerant improves consolidation speed and data control with CCH® Tagetik
For Pure Insurance, collaboration was key to implementation of CCH® Tagetik for IFRS 17
Samsung Life Insurance's path to IFRS 17 excellence with CCH® Tagetik
Efficiency and accuracy: Triglav's IFRS 17 journey powered by CCH® Tagetik
Mastering IFRS 17: How RSA achieved compliance using CCH® Tagetik
Insurance Contracts: IFRS 17
General accounting model, premium allocation, variable fee – prepare, normalize, and centralize contract data using the best approach for your organization. CCH Tagetik simplifies compliance with a solution that will evolve with standard.
- Simplify compliance with an end-to-end solution
- Single data repository for drill-down and analysis
- Comprehensive reports and interactive dashboards
- Automatic compliant journals and disclosures
- Boost efficiency with workflow and audit trail
Key benefits you will gain with CCH Tagetik IFRS 17 solution
A simple, non-disruptive approach to IFRS 17 compliance implemented by insurance experts. CCH Tagetik centralizes contractual data by seamlessly integrating to any source including general ledgers and actuarial systems.
- Comply quickly with pre-packaged solution
- Flexible solution adaptable to standards
- Reduce IT needs with a finance-owned solution
- End-to-end integrated process mitigates risk
- Align all stakeholders with trusted reports
Discover why Erste Group trusts CCH Tagetik.