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13 Lessons That Will Teach You All You Need To Know About Visa Generator | visa generator

Moody’s Analytics today appear that its software has been called by Singlife, a arch agenda insurer in Singapore. Singlife will use the Moody’s Analytics RiskIntegrity™ for IFRS 17 band-aid and the Moody’s Analytics Book Architect to facilitate its efforts to abode the new advertisement requirements of the IFRS 17 accounting standard.

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Designed to abutment actuaries as able-bodied as accounting, finance, and IT professionals, the RiskIntegrity for IFRS 17 band-aid is attainable as a software-as-a-service (SaaS) band-aid and comes with the capabilities appropriate to abetment barter in their efforts to calmly apparatus the new standard. As a SaaS solution, basement and aliment is managed by Moody’s Analytics, acceptable Singlife in its affairs to accommodated antecedent IFRS 17 requirements, as able-bodied as abode approaching updates fabricated to the standard.

Singlife will additionally use the Moody’s Analytics Market-Consistent Book Architect as allotment of its IFRS 17 program. The Book Architect is a apartment of academic asset clay accoutrement that acquiesce insurers to aftermath risk-neutral scenarios for accountability valuation. Under IFRS 17, insurers will charge to abode a market-consistent amount on the options and guarantees, and a book architect is about acclimated to do this.

"Singlife is affective from a fintech startup to an accustomed banking institution. As we calibration to markets beyond Southeast Asia, it was important for us to assignment with a software provider that is acknowledging and active to evolving business needs, understands the bounded nuances for acclamation IFRS 17, and helps ensure the accomplished standards of compliance," said Philip Shin, Banking Controller at Singlife. "Through our interactions with Moody’s Analytics during the alternative process, it was bright that their aggregation was awful abreast about IFRS 17. They additionally approved a bright compassionate of how to absorb new and evolving banking advertisement requirements into approaching enhancements."

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"Our SaaS charge admission offers Singlife actual admission to the RiskIntegrity for IFRS 17 solution, enabling hands-on acceptance from the alpha and ambience the date for an able and collaborative accomplishing of IFRS 17," said Andrew Waters, Senior Director at Moody’s Analytics. "Singlife will account from its accepted functionality, and from approaching enhancements in the accepted artefact that accommodated their requirements, acceptable adaptability as the accepted evolves."

Earlier this year, Moody’s Analytics won IFRS 17 Band-aid of the Year and four added categories at the InsuranceERM Awards.

Learn added about the Moody’s Analytics apartment of IFRS 17 solutions, and associated actuarial, risk, and accounts solutions for insurers.

About Moody’s Analytics

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Moody’s Analytics provides banking intelligence and analytic accoutrement to advice business leaders accomplish better, faster decisions. Our abysmal accident expertise, all-embracing advice resources, and avant-garde appliance of technology advice our audience confidently cross an evolving marketplace. We are accepted for our industry-leading and award-winning solutions, fabricated up of research, data, software, and able services, accumulated to bear a seamless chump experience. We actualize aplomb in bags of organizations worldwide, with our charge to excellence, attainable mindset approach, and focus on affair chump needs. For added advice about Moody’s Analytics, appointment our website or affix with us on Twitter or LinkedIn.

Moody's Analytics, Inc. is a accessory of Moody's Corporation (NYSE: MCO). Moody’s Corporation appear acquirement of $4.8 billion in 2019, employs about 11,200 bodies common and maintains a attendance in 40 countries.

About Singlife

Singlife is a Singapore-based Mobile Savings & Protection Company that aims to alleviate the abeyant of money by authoritative banking casework added convenient, transparent, attainable and affordable. Licensed in 2017, Singlife has back been innovating its solutions to accommodated the evolving needs of barter and to accommodate a abounding apartment of affiliated banking account offerings, about-face Singapore’s banking casework industry. Singlife afresh launched Singapore’s aboriginal insurance-savings plan with an accompanying Visa Debit Card. Singlife has been awarded "Startup of the Year" and "Digital Life Insurance Initiative of the Year" by the Insurance Asia Awards and continues to accord their barter a seamless chip banking experience. For added advice amuse appointment https://singlife.com/.

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View antecedent adaptation on businesswire.com: https://www.businesswire.com/news/home/20200909006173/en/

Contacts

TRACEY SCOTTMoody’s Analytics Communications 44.207.772.5207Moody’s Analytics Media Relations

moodysanalytics.comtwitter.com/moodysanalyticslinkedin.com/company/moodysanalytics

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