LDTI - US GAAP Long Duration Targeted Improvements

Webinar: IFRS17, IFRS9 & LDTI… Meeting the new standards - The Challenges of Multi GAAP Accounting

Webinar tackling the challenges of delivering Multi GAAP reporting, the principal design considerations and best-practice financials systems architecture.

LDTI - US GAAP

January 2022 is the deadline for Insurance firms to implement the new changes for Long Duration insurance contracts under US GAAP. Meeting the new requirements will be a significant challenge for many firms. Legerity’s FastPost platform can help manage the detailed accounting rules, calculations, cash flow valuations, updates and disclosures required. This is the time to start managing the granular data required to report with confidence.

FACTSHEET

FASTPOST

How FastPost helps you handle LDTI - US GAAP Long Duration Targeted Improvements

Data

Designed to support high volumes of data, FastPost integrates disparate sources quickly – delivering a single and accurate accounting and risk provisioned repository of insurance contracts.

Calculations

FastPost’s high performance rules platform is specifically designed to enable US GAAP accounting by handling complex finance and risk calculations at speed.

Reporting

FastPost brings finance and actuarial data together for LDTI reporting, delivering a full audit trail while also supporting forward-looking business decisions.

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