Legerity named category leader in Chartis RiskTech Quadrant® for IFRS 17/LDTI Compliance: Accounting Systems, 2022

Legerity Limited, the experts in cloud-based accounting rules software, has been named a category leader in the Chartis RiskTech Quadrant® for IFRS 17/LDTI Compliance: Accounting Systems, 2022.

Jeremy Wood, Legerity CEO says, “With the deadline for IFRS17 looming, our FastPost Express for IFRS17 solution offers a structured path to delivery for insurers that are early in their IFRS17 journey and yet to start implementation. Legerity’s inclusion in the report, for the third year in a row, is further recognition of our ability to deliver innovation, agility and regulation to the market at speed.”

FastPost Express for IFRS17 is the enterprise-grade, preconfigured, SaaS-delivered edition of Legerity’s leading Accounting Rules Platform. It reduces implementation time, complexity, and expense, delivering everything firms need to be IFRS17 compliant, quickly, with no fuss.

Legerity bases its approach on decades of experience in accounting rules software and delivering IFRS17 projects for some of the world’s leading firms. Legerity FastPost Express clients include Hastings Group, Swan, Fidelity Life, Altius Insurance, Atlantic Union and Buruj Cooperative Insurance.

The firm was also named a “Rising Star” by Chartis Research in their flagship RiskTech100® Report:

“Our research has highlighted the importance of robust solutions in regulation and compliance,” said Phil Mackenzie, Research Principal at Chartis. “Legerity’s offering is designed to help all sizes of insurer with the often-complex accounting aspects of IFRS 17, and wider digital finance transformation. A fact reflected in Legerity’s Rising Star award this year.”

About Legerity

Legerity helps clients deliver digital finance transformation and complex accounting change, cost-effectively and with minimum disruption.

Legerity FastPost is an award-winning accounting rules platform. Modular in design with open interfaces, FastPost was developed for large data volumes, complex accounting needs, business insight and agility. The platform is Cloud-native, with ultra-high-speed performance and built with the latest open-source technologies.

Legerity was awarded the IFRS17 Solution of the Year award in February 2021 by InsuranceERM. This highly prestigious industry award is subject to a rigorous selection process by an independent team of industry expert judges from across Europe and the UK.

About Chartis

Chartis Research is the leading provider of research and analysis on the global market for risk technology. Chartis’ goal is to support enterprises as they drive business performance through improved risk management, corporate governance, and compliance and to help clients make informed technology and business decisions by providing in-depth analysis and actionable advice on virtually all aspects of risk technology.

Find out more here www.chartis-research.com