IFRS 17, an International Financial Reporting Standard issued by the International Accounting Standards Board in May 2017, represents the biggest change to insurance accounting in two decades. It is complicated and the costs and risks associated with compliance can be significant.

Sierra Systems, an NTT DATA Company, proudly supports our clients as they address these challenges.

We have over 25 years of experience helping insurance companies solve their most pressing business problems. Our comprehensive solution helps our clients improve their decision making by providing real-time financial modeling and more accurate and insightful compliance reporting by ensuring data consistency, traceability, and availability throughout their enterprise

Visit NTT Data’s IFRS 17 site to learn how we support Oracle’s integrated risk and finance architecture to help firms modify their financial reporting processes, systems and data.