CCH® Tagetik recognized as a Leader in Chartis Research IFRS 17 and LDTI Market Update and Vendor Landscape report

Chartis named CCH Tagetik a Leader in three vendor quadrants in the report: IFRS 17 Data Management & Reporting, Accounting Systems, and LDTI compliance systems. 

Wolters Kluwer was also noted as “best-in-class” or “advanced” in ten out of eleven capabilities considered in each quadrant – among the highest of any vendor. 

Chartis’ recognition CCH Tagetik market leadership position and agility in extending the CCH Tagetik platform to solve customers’ most pressing needs. The prominent position in this report demonstrates how the CCH Tagetik platform has helped insurers work towards IFRS 17 and LDTI compliance in a rapidly shifting context. 

Why CCH Tagetik IFRS 17 and LDTI expert solutions earned Leader status in both Accounting Systems and Data Management in the Chartis RiskTech Quadrants® for IFRS 17/LDTI compliance

CCH Tagetik expert solutions manage global requirements across all industries by unifying and streamlining financial close & consolidation, integrated business planning, and regulatory compliance processes.  

CCH Tagetik IFRS 17 and LDTI expert solutions simplify compliance for IASB and FASB requirements. Quick and easy to implement, the pre-configured solutions are scalable and flexible to both changes and evolutions in the standards and to meet the needs of each individual customer. With a high-performance data engine, pre-built and extendable data model and calculations, and robust reporting and disclosure tools, the CCH Tagetik platform enables digital transformation helping insurers meet the ever-increasing reporting requirements 

About Chartis Research

The Chartis Research Market Update and Vendor Landscape evaluates 13 vendors on the breadth of their IFRS 17 and Long Duration Targeted Improvement (LDTI) capabilities, their market potential, and completeness of their offering. 

The research focuses on the deep structural changes which IFRS 17 and LDTI will make, and the technological demands which will arise as a result. An accompanying survey, which features in the report, was conducted in Q3 2021 among senior decision makers drawn from a broad spectrum of insurers in different regions. Respondents represented different stages of IFRS 17/LDTI implementation, from design and planning to fully operational. 

We’re always working to solve our customers’ most pressing needs. Our prominent position in this report demonstrates how the CCH® Tagetik platform has helped insurers work towards IFRS 17 and LDTI compliance in a rapidly shifting context.