Is IFRS 17 Keeping You Up at Night?

Let FIS drive your transformation without complication

IFRS 17 will radically transform accounting processes for insurers in more than 100 countries. With many new data and calculation requirements to manage, you need the most efficient ways to tackle the operational complexities created by IFRS 17.

Download a recording of our recent discussion with Deloitte to discover how FIS’ actuarial expertise and Prophet risk management solution can help you achieve compliance with less risk and complexity.


Make the Delay Work for You


What benefits will the deferred implementation date bring?

Under industry pressure to delay the introduction of IFRS 17, the International Accounting Standards Board has announced a new implementation date of January 2022 – a year later than originally planned.

In our blog, learn what the extended deadline will mean for your insurance business – and get expert recommendations on how best to respond.

De-risk IFRS 17 Implementation

Reduce the risks and complexity of implementing IFRS 17.

While presenting a major data integration challenge, IFRS 17 provides opportunities to both modernize and further complicate insurers’ finance and actuarial systems.

Download our prerecorded discussion with Deloitte to explore how collaboration between IT, finance and actuaries can reduce the technology risks of implementing IFRS 17 and drive positive transformation. Get insights on the importance of developing real-time, transparent, cross-functional capabilities – and learn from FIS’ hands-on, global experience of IFRS 17 implementation projects.


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IFRS 17 Strategies

For many insurers, implementing IFRS 17 represents a significant operational challenge. How are firms gearing up to meet both the standard’s demands and their own strategic objectives?

The Road to Compliance

IFRS 17 is less about reaching its destination – than the journey it takes to get there. FIS’ Prophet’s solution team navigates a journey to compliance.

Look to the Cloud

There are more reasons than ever to move insurance risk management systems to the cloud – not least the potential to save time and costs.

FIS tops Chartis RiskTech 100

We’re proud to top the RiskTech100 Insurance category four years running – and be named the No.1 provider of IFRS 17 solutions.

Practical Advice and Support

Learn from our experience and get tips on preparing for compliance.

IFRS 17 Solutions

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Prophet for IFRS 17

Check out our range of solutions for modeling your insurance business in Prophet under IFRS 17.

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Group Calculations Library

Prophet’s IFRS 17 Group Calculations Library performs calculations on groups of contracts at the unit of measurement required under IFRS 17.

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The Bright Side of Compliance

The clock is ticking on IFRS 17, but it's also high time to look at the benefits of implementation.

Tip Sheet

How to Implement IFRS 17 Effectively

Follow our recommendations and take the right route to compliance. Our handy six-step guide is based on first-hand knowledge of implementation challenges.

LinkedIn Group

With IFRS 17 applying to more than 450 insurers globally, it’s important to get different perspectives on achieving compliance.

As part of our LinkedIn group, you can share your experience of IFRS 17 impact studies and implementations, as well as similar transformation projects such as Solvency II.

The FIS™ Readiness Report 2018

The insurance industry is at a turning point. While regulatory and capital requirements remain an important focus, advancements in technology are transforming insurers’ business models.

In our new research report, learn how modernizing your operations is more key than ever to unlocking growth and gaining competitive advantage.



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