

IFRS 17: SAP Finance & Risk Portfolio
Mastering challenges – Seizing opportunities
We make financial IT fit for the future
When implementing IFRS 17 requirements and SAP Finance & Risk solutions, we support you with comprehensive consulting, analyses and concepts. We have developed a process model for the integration of the solution into your IT landscape and the connection to policy administration, claims, general ledger, reporting, etc., which covers all steps from conceptualisation, prototyping and testing through to go-live.
As a long-standing consulting and development partner of SAP, we are very familiar with the functionalities of the Finance & Risk solutions – not only because our subsidiary nexontis is significantly involved in the (further) development of SAP IA.
We support you with expert advice and comprehensive services relating to the SAP solution portfolio for Finance & Risk.
Achieve your most important goals with us
- Ensure your compliance and fulfillment of all requirements according to IFRS 9 as well as IFRS 17 and Solvency-II
- Uniform, harmonized data basis as a prerequisite for efficient accounting and reporting as well as a central, uniform financial system
- Reliable accounting process
- Harmonization and acceleration of actuarial processes
- High potential for cost benefits
- Maximum efficiency and flexibility
- Basis for a future-proof redesign of your financial area
- Investment security thanks to continuous further development of the solutions
- Synergies in the non-life and life insurance sector
- Continuous Close

SAP Finance & Risk Portfolio
With SAP Financial Risk and Data Platform and the component SAP Insurance Analyzer (SAP IA) and/or SAP Financial Products Subledger (SAP FPSL) we provide you with fully functional, mature solutions that enable you to optimally implement regulatory requirements and equip your financial and risk management for the future. At the core of the solution is a uniform, central data basis for integrated processes between actuarial and accounting.
Solution in detail
SAP Finance & Risk Data Platform (SAP FRDP), the comprehensive standard solution:
- Scalable integrated finance and risk architecture with a unified data model as the basis for business applications as well as for your custom applications
- Consolidation and harmonization of data from heterogeneous sources
SAP Insurance Analyzer (SAP IA), the strategic solution with the components:
- Accounting for Insurance Contracts (IFRS 9 and IFRS 17): Functionality for a technical sub-ledger that can be used to map all accounting-specific IFRS requirements (recognition, accrual & valuation, classification)
- ZCentral data storage (source and result data) in a uniform data model
- Mapping of accompanying accounting and infrastructure processes, in particular with the new Estimated Cash Flow Preparation (ECP) component, in order to calibrate and prepare the data from the actuarial services in the sense of a continuous financial statement
- Flexibility with regard to actuarial and accounting processes, organizational structure and the IT landscape
SAP Financial Products Sub-Ledger(SAP FPSL), the strategic solution with integrated accounting for insurance contracts and financial instruments with consideration of other GAAPs such as US GAAP, Solvency
- Optional use of a base-line/delta approach, simplifying the reconciliation between different accounting standards
- Central data storage (source and result data) in a uniform data model
- Mapping of accompanying accounting and infrastructure processes, in particular with the new Estimated Cash Flow Preparation (ECP) component, in order to calibrate and prepare the data from the actuarial data in the sense of a continuous financial statement
- Flexibility with regard to actuarial and accounting processes, organizational structure and the IT landscape
Make your finance IT fit for the future now. When can we help you?
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