EY RCP — IFRS 17. Reporting and Calculation Platform

IFRS 17 will impact insurers’ entire reporting model from systems and processes to people and allocation of responsibilities. EY’s Reporting and Calculation Platform (EY RCP) is a tool developed specifically to meet IFRS 17’s calculations and reporting requirements.

It’s a holistic solution for insurance companies that produces complex calculations, accounting entries and financial statements and disclosures required by IFRS 17. EY RCP platform covers necessary calculations for all measurement models (PAA, GMM and VFA) under IFRS 17.

EY RCP has been specifically developed to meet the needs of small and middle-size insurers seeking a streamlined and cost effective solution. In this session we will focus on RCP functionalities and topics related to the implementation of the RCP tool and we will explain to what extent the RCP tool can be of value for your business.

The presentation will be chaired by Utku Meshur, Associate Partner and Insurance Industry Leader at EY Turkey whose interlocutor will be Radoslaw Bogucki, Ph.D., Associate Partner, European Actuarial Services, Poland.
Our speakers will discuss the implementation of IFRS 17 and lessons learned from projects in our region.