Financial services

SAP Insurance Analyzer: An integrated platform for risk and finance - the IFRS angle

Insurance companies are under the gun to actively manage the risks they take on their balance sheets, both from a capital and profit perspective. With a series of new regulatory measures changing the landscape in key areas—Solvency II in 2016, and new International Financial Reporting Standards (IFRS) in 2018—the challenges grow. Strategically, these sweeping changes make it more important than ever for insurance companies to integrate their finance and risk functions. SAP® Insurance Analyzer offers an integrated platform that efficiently delivers compliance while helping insurers reduce costs, improve control over business processes, and tap in to new analytical capabilities that are an imperative in today’s challenging insurance marketplace.