Introduction of IFRS 17 Link Modules of AXIS
Feb 25, 2019
AXIS version 2019.05.01 marks the first release in beta form of the new AXIS IFRS 17 Link modules, which are designed to support the reporting challenges under the new IFRS 17 – Insurance Contracts standard. New feature codes in AXIS unlock the functionality of IFRS 17 Link modules for Regular Life and Par Products for testing and feedback, including new Batch processes, new reporting options, improved runtime efficiency and support for both opening and closing date Assumption Sets. One new report option generates a report pack designed specifically for RiskIntegrity IFRS 17.