SecondFloor - IFRS 17 Solution

Type of System

  • Analytics
  • Economic capital aggregation
  • Data management
  • Internal/external reporting
  • Governance, risk, compliance (GRC)
  • (Sub)GL posting, PAA, GM and VFA model

Type of platform

  • Cloud
  • Server-based
  • SaaS

Other features - the offering facilitates:

IFRS 17

What are the typical implementation costs?

In case of standard product SaaS (cloud/virtual machine), implementation costs are zero, monthly fee starts from €1,495 for 1 model

In case of customised product SaaS, implementation costs are on request, monthly fee starts from €1,495 for 1 model

In case of an enterprise solution, implementation and fee costs are on request

How long does your software take to implement on site?

In case of standard product SaaS, this takes 1 to 2 working days

In case of customizsd product SaaS, implementation takes typically between 2 and 50 working days

In case of an enterprise solution, implementation takes typically 4 to 6 months

Please name companies that use the system/solution

Currently over 10 insurance companies are using our IFRS 17 solution, those have been implemented in more than five European countries. Our client ranges from the Tier 1 up and to the captive size. For a precise reference, please contact our sales team.

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SecondFloor is a leading reg tech software specialist since 2006 with an excellent focus on IFRS 17.

Contacts

[email protected]