International Financial Reporting Standards (IFRS 17) as a service

IFRS 17 changed the game for insurance standards, reporting, and financial processes. KPMG keeps you in play.

IFRS 17 brought sweeping impacts to insurers’ accounting standards, financial processes, and reporting requirements – all without adding business value or altering risk assessments. As a CFO, VP of Finance, or Internal Actuary, how do you address these complex regulatory and compliance requirements while dealing with finite resources, skill gaps, and information delays?

KPMG's IFRS 17 as a Service gives your organization access to international financial reporting technologies, processes, and capabilities that were previously available only to large financial institutions.

Our IFRS 17 solutions include:

• Managed applications and business functions deployed on a cloud-computing infrastructure – in alliance with SAS and Microsoft – that can provide insurers with a powerful solution, thereby avoiding the need to deploy in-house technology
• A continuous and consistent view of how IFRS 17 impacts your company’s accounts and reporting requirements
• A scalable and flexible approach to international financial reporting that keeps pace with regulatory change

KPMG helps you meet your IFRS 17 requirements … and more.

Our IFRS 17 as a Service can be applied to a wide range of use cases, including stress testing, Solvency II, IFRS 9, and anti-money laundering compliance. Each can be integrated into your business as needed to help manage your ongoing operational needs more efficiently.