With IFRS 17 due to come into force in 2021 the team has already begun building a process demo to show how compliance can be achieved with R3S Modeler. By utilizing some of Modeler’s key functionality the process can be streamlined ensuring only calculations required at each step are completed. The consulting elements around IFRS 17 are currently focused on the following points but should you have any questions not covered here then please do contact your local consulting representative.
- Assistance with determining how the example IFRS 17 process model can be expanded and integrated into your existing processes.
- Enhance current base models to ensure compliance with the regulations.
- Work collaboratively together and with partners to ensure a full end-to-end implementation of the regulations.