Baloise Group signs contract to fulfill IFRS 17 reporting and compliance requirements with
Systemorph solution Systemorph, a leader in data management solutions for insurance and
banking, today announced that it signed a contract with Baloise Group to implement and run
its IFRS 17 solution for Baloise Group to comply with the new international reporting
Baloise Group chose the Systemorph solution because it delivers an important part in the
overall auditable end-to-end reporting process. This easy, transparent, consistent and
custom-built solution to meet the specific Baloise Group requirements enhances the
collaboration between actuarial, finance and IT departments.
After the implementation phase Systemorph will provide the IFRS 17 solution as
Software-as-a-Service (SaaS) for Baloise Group.
The Systemorph IFRS 17 solution includes all group-wide calculation functions required to
comply with the accounting standard and will be used by Baloise Group for its IFRS 17