IFRS SaaS
Legerity’s Software as a Service deployment model helps firms deliver IFRS 17, 16, 15 and 9 accounting change and finance transformation programmes through an efficient OpEx model – removing the need for the high CapEx costs of traditional IT system provisioning and projects.
The Legerity IFRS SaaS covers all aspects of software delivery and hosting, including a fully managed service for application maintenance (AM) and application operation (AO). An on-demand application development (AD) service is available for additional configuration requirements to support fast on-boarding of new products or business lines and M&A activity.
Based on the market leading Amazon Web Services (AWS) Cloud, global deployments are supported by local and regional data centres, ensuring any local data, security or operational requirements are catered for. Rapid implementation is facilitated through configurable accounting templates plus advanced data integration support, standard APIs and web services.
Delivery
Most IFRS accounting change programs have tight deadlines and are difficult to deliver. They typically involve greater accounting complexity, more granular data and increased volumes.
Legerity has defined the standard in accounting rules technology and its IFRS SaaS is another example of how it is delivering game changing solutions to address complex and challenging programs. Those firms that embrace the opportunities that accounting change programs bring, in new ways to deliver next generation solutions, will be in a strong position.
Cost
The cost of implementing accounting change or finance change is usually significant and firms need to ensure that they maximise the business benefits of their investment.
The Legerity SaaS provides firms with much needed agility, scalability, efficient resource usage and predictable implementation and operating costs for the significant challenge they face with finance transformation programs.
Cloud
Legerity FastPost is a third-generation accounting rules platform specifically designed to help organisations implement accounting change in a non-disruptive manner. Delivered via the Cloud it incorporates cutting edge application and data design running on modern Open Source infrastructure, enabling the lowest cost of ownership in its class. FastPost is the first enterprise class accounting rules platform that uses ultra-fast in memory data grid processing to deliver on- demand processing and massive scalability. Millions of complex accounting transactions are processed in minutes.
NEWS
February 26, 2021
Legerity awarded IFRS 17 Solution of the Year by InsuranceERM
Legerity is delighted to have won the IFRS 17 Solution of the Year by InsuranceERM, the Oscars of the Insurance sector.
February 19, 2021
Legerity welcomes Atanas Jelev as Client Services Director – Digital Transformation
Legerity welcomes Atanas Jelev back to the company from his recent role as a Senior Manager at KPMG.
February 8, 2021
IFRS17 Webinar: The Challenges of Reinsurance – How to implement Reinsurance under IFRS17
This free webinar will examine the primary design and implementation considerations for ceded reinsurance under IFRS17.
January 18, 2021
Legerity Live: Meet the IFRS17 Experts
Legerity will be going live on LinkedIn on Feb 23rd with our IFRS17 expert Mark Miller answering your questions.
December 22, 2020
IFRS17: The Year in Review – Prepare for Success in 2021
We are pleased to provide an update on our company, our FastPost platform, and the markets we operate in, as we look forward to 2021.
December 16, 2020
Book a One-to-One with an IFRS17 Implementation Expert
Discover the simple and effective route to IFRS17 compliance with our expert one-to-one guidance.
December 16, 2020
Aegon International: An industry pioneer for IFRS17 implementation
A detailed case study exploring how Legerity supported Aegon International in delivering IFRS17.
December 1, 2020
IFRS17 Webinar: An Express Route to Compliance – IFRS17 Out of the Box
Webinar looking forward to 2021 and how insurers can benefit from the work and experience gained by IFRS17 pioneers.
October 27, 2020
Webinar: Fast Track to IFRS17 with Legerity and KPMG
Webinar exploring how a pre-configured SaaS solution can fast-track your IFRS17 program, with expert insight from industry professionals.
Contact Us
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