WEBVTT

1
00:00:02.303 --> 00:00:10.937
The CCH Tagetik offering for IFRS 17 is an end-to-end solution, from input data to output journals. 

2
00:00:10.938 --> 00:00:21.773
We offer all of the IFRS 17 calculation approaches, so premium allocations, the general measurement model and VFA as well

3
00:00:21.774 --> 00:00:32.408
and we have one of the only solutions that at the moment is able to offer all of those and to initiate a project immediately with all of those available. 

4
00:00:32.409 --> 00:00:41.144
The CCH Tagetik solution is not a coded point built solution for IFRS 17, CCH Tagetik is

5
00:00:41.145 --> 00:00:50.879
a CPM platform upon which we have configured the predefined data model rules,

6
00:00:50.880 --> 00:01:00.615
calculations, validations for IFRS 17 and that's what makes the CCH Tagetik offering unique, not a single line of code is being put into 

7
00:01:00.616 --> 00:01:10.350
our solution, it's configured by consultants for Finance as opposed to by developers for Finance and that's really kind of thrown

8
00:01:10.351 --> 00:01:20.086
through what CCH Tagetik is about whenever we're implementing any kind of solution. Our solution is built by Finance for Finance and is really

9
00:01:20.087 --> 00:01:29.821
designed with the users in mind and that plays through in the way users interact with the solution but it also plays

10
00:01:29.822 --> 00:01:39.557
with how it's administrated and configured. What that means is that our finance users are able to take the pre-built rules and customize

11
00:01:39.558 --> 00:01:49.292
and tweak or adjust those as they might be needed and the CCH Tagetik platform close to be integrated with many data

12
00:01:49.293 --> 00:01:59.028
sources as well as many output data feed because naturally not for our IFRS 17 solution is going to sit in the middle of actuarial policy

13
00:01:59.029 --> 00:02:08.763
data warehouses as inward feeds and particularly a ledger as an output feed but maybe even BI tools and other systems 

14
00:02:08.764 --> 00:02:18.499
outwards as well. That open platform is really key and unique in what we are able to bring to our IFRS 17 projects.

15
00:02:18.500 --> 00:02:28.234
In addition to our IFRS 17 we do a lot of work with IFRS 9, 15, 16 and we also have 

16
00:02:28.235 --> 00:02:37.970
a large footprint in Solvency II as well, both Pillars one, two and three, therefore the value that we can often bring is where clients want

17
00:02:37.971 --> 00:02:47.090
to integrate all of these into a unified platform, a unified solution and not be moving that data around different technologies and different systems.