Breaking the Mold: Cost-Effective Data Management for Finance
Systemorph Founder and CEO, Roland Bürgi, sat down with CIO Review Europe to share how Systemorph empowers businesses to streamline their data management processes, achieve higher data quality, and enhance overall efficiency.
Data management is a critical factor in driving business success, and it’s not just about storing information; it’s about extracting actionable insights that drive business growth.
Effective data management can unlock a world of benefits, from improved decision-making and business operations to better customer experiences and increased competitive advantage.
In the second of this three-part episode, we present written, advance and overdue actuals and the actuarial experience adjustment – the difference between effective and expected cash flows.
In the first of this three-part episode, study the Best Estimates and Risk Adjustments of Present Values displayed in the Reports notebook and calculated from the template data shipped with the IFRS17 Project available in the Systemorph Cloud Portal.
In this episode, we walk you through the Systemorph IFRS17 Template Project which includes a complete example of input data for many annual reporting periods and uses our Calculation Engine for producing and reporting results.
We break down the theory behind calculating the present value of insurance contracts through the Analysis of Change approach.
We show you how the present value of a group of insurance contracts can easily be calculated using our IFRS17 Calculation Engine developed in Systemorph Cloud Notebooks.
We show you how to configure the Systemorph IFRS17 Calculation Engine to your own data set and business. From setting up your company’s many legal entities to include your favorite Analysis of Change step. This is where the magic happens.