This is the third year that Aptitude has been recognized by Chartis Search.
LONDON, November 21, 2022 /PRNewswire/ — For the third consecutive year, aptitude software has been recognized by Chartis Search for the strength of their IFRS 17 solutions. More recently, Aptitude was named winner of the IFRS 17 category – Accounting systems in the Chartis 2023 RiskTech100® Report, which rates leading risk technology solution providers.
Aptitude is a specialist provider of financial digitization and subscription management software solutions and provides the IFRS 17 solution of choice for leading global insurers, reinsurers and Insurtechs such as Aviva, Great Eastern Life, AV group, Hollard GroupTransamerica and many more.
Sidhartha DashDirector of Research at Chartis, comments: “For the third consecutive year, Chartis recognizes the maturity of Aptitude’s IFRS 17 solution offerings. The depth of insurance-specific accounting intellectual property and the level of automation, processing, and reporting capabilities set them apart in this space. “
With just over a month to go before the IFRS 17 regulatory deadline, insurers are rushing to ensure that all required data, calculation and reporting capabilities are in place to meet the requirements of the new complex standard. Aptitude currently has two IFRS 17 solutions on the market which have been implemented in over 46 countries.
Aptitude’s IFRS 17 solution is the most mature offering on the market with calculations, business events, processes and disclosure templates to accommodate all measurement models and speed up and reduce the risks of the implementation process. Aptitude Compliance IFRS 17 is a simplified, preconfigured version of the Aptitude IFRS 17 solution, designed for insurers looking for a faster, more standardized path to IFRS 17 compliance while laying the foundation for future transformation projects.
About aptitude software
aptitude software provides software solutions that enable organizations to drive efficiency, empower teams and unlock growth potential. Aptitude’s open, flexible and modular subscription management and finance digitization solutions enable businesses to do more with less today while helping them rethink how they operate, perform and scale in the future.
About Chartis Search:
Chartis Search is the leading provider of research and analysis in the global risk technology market. It’s part of Infopro Digitalwhich owns market-leading brands such as Risk and WatersTechnology.
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