Accenture and Oracle Help Insurers Meet IFRS 17 and LDTI Accounting Standards
Oracle News, October 2nd, 2019
October 2, 2019,
Volume 259, Issue 1

New solution enables insurers to more effectively digitize their financial information and improve financial reporting of their insurance contracts

"Accenture (NYSE: ACN) and Oracle today unveiled an integrated technology and services offering that enables insurers to digitize their financial information and meet accounting reporting standards for the International Accounting Standard Board's (IASB) IFRS 17 and US GAAP Long Duration Targeted Improvements (LDTI). Combining Oracle's IFRS 17 and Finance solutions with Accenture's deep expertise and capabilities, the offering includes preconfigured templates, rules and reports to help insurers address the complexity associated with these accounting standards and ensure compliance..."

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