Willis Towers Watson - ResQ Financial Reporter
Type of System
- Stress testing
- Data management
- Solvency II solution
- Internal/external reporting
- Reserving solution
- Governance, risk, compliance (GRC)
Type of platform
Other features - the offering facilitates:
- NAIC Principle-based reserving
- IFRS 17
What are the typical implementation costs?
Implementation costs are expected to be relatively light and would depend on the level of support and resources that clients have internally and the level of complexity and integration required with clients’ current systems.
A broad range of estimated implementation costs to support the implementation of ResQ FR would be roughly €50,000 to €250,000 depending on level of support required for process set up, parameterisation and mapping to finance systems.
How long does your software take to implement on site?
Similar to the above, the time depends on the level of support required. A broad range of timing is one to two months.
Please name companies that use the system/solution
Product will be launched in Fall 2019. We currently have a number of global clients collaborating with Willis Towers Watson in the design and testing of the product.
ResQ Financial Reporter takes the complexity out of IFRS 17, so you can focus on core activities that matter most to your business