Oracle Recognized as Category Leader for IFRS 17/LDTI Compliance Solutions
Oracle News, July 22nd, 2020
July 22, 2020,
Volume 268, Issue 4

Chartis Research analyzes Oracle Financial Services solutions for their ability to help organizations navigate IFRS and LDTI standards, including complex data management and reporting requirements

"Oracle Financial Services has been recognized as a Category Leader in IFRS 17 and LDTI compliance by Chartis Research. In its recent report, Insurance Risk Systems for IFRS 17 and LDTI Compliance, 2020: Market Update and Vendor Landscape1, Chartis highlights Oracle as a category-leading vendor in its data management & reporting and accounting systems quadrants.

The Chartis RiskTech Quadrant evaluated 13 vendors on the breadth of their IFRS 17 and Long Duration Targeted Improvement (LDTI) capabilities in helping insurers address the complexities of the new accounting standards. Oracle was noted as 'best-in-class' or 'advanced' in six out of seven capabilities considered in each quadrant - among the highest of any vendor. The full report can be found here..."

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