With IFRS17 due to come into force in 2021 the team has spent some time already building out a process demo to show how compliance can be achieved with AFM. By utilizing some of AFM’s key functionality the process can be streamlined ensuring only calculations required at each step are completed. The consulting elements around IFRS17 are currently focused on the following points but should you have any questions not covered then please do contact your local consulting representative.
- Assistance with determining how the example IFRS17 process model can be expanded and integrated into the 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.