KMPG Turkey raises the bar higher with its investment in technological solutions. Developed by a team of expert accountants, actuaries and software developers at KPMG, KPMG IFRS 17 Integrated enables insurance companies to fulfill their IFRS 17 requirements easily, rapidly and efficiently.
KMPG Turkey offers a new service for the insurance market. The company has recently attracted attention with its investments in technology, and now offers a solution for insurance companies to address their IFRS 17 related problems with a new product called “KMPG IFRS 17 Integrated”.
Murat Sedef, Director of Information Technologies Consultancy at KPMG Turkey, shared details about KPMG IFRS 17 solution, stating that the new software will provide speed and ease of use for insurance companies. “Recently developed by a team of expert accountants, actuaries and software developers at KPMG, our new software offers a solution to address the IFRS 17 requirements of insurance companies. This solution has been developed in accordance with the latest changes in the legislation, and is in high demand by both domestic and foreign companies operating abroad. With our data-oriented IFRS 17 service, insurance companies can decide on the grouping level, review calculations under every measurement method, check accounting records and monitor performance either through standard footnotes or reports they can customize themselves,” he said.
KPMG IFRS 17 Integrated can be integrated with core insurance systems, DWH systems, accounting/ERP systems and other systems.