IFRS Tech provides end‑to‑end financial reporting software that automates compliance with global accounting standards such as IFRS 17 and IFRS 9. The platform combines actuarial valuation tools, risk‑management modules, and ESG reporting features, allowing businesses of any size—from SMBs using standard accounting packages to large enterprises handling insurance, pensions, and complex financial instruments—to streamline reporting, reduce errors, and maintain regulatory accuracy.
Funding
Funding not disclosed
Founders
Product
Problem
Financial institutions and enterprises must produce regulatory reports that adhere to complex IFRS standards, requiring extensive data collection, validation, and actuarial calculations. Manual processes are time‑consuming, error‑prone, and often lack integration with risk‑management tools, leading to compliance delays and increased operational costs.
Solution
IFRS Tech offers an end‑to‑end financial reporting platform that automates the generation of IFRS‑compliant reports and actuarial valuations. The software consolidates data from disparate sources, applies built‑in validation rules, and produces regulatory filings for standards such as IFRS 17, IFRS 9, IAS 19, and IFRS 16. Integrated risk‑management modules enable insurers, pension funds, and banks to assess and incorporate actuarial metrics directly within the reporting workflow. By delivering a unified, cloud‑based solution, IFRS Tech reduces manual effort, improves data accuracy, and accelerates compliance cycles for both small businesses and large enterprises.
Target Audience
Primary customers are finance, actuarial, and risk‑management teams at insurers, pension funds, banks, and other financial institutions that need to produce IFRS‑compliant reports, ranging from SMBs to large enterprises operating in the MENA region.
Features
- Automated data ingestion and mapping from accounting, policy, and investment systems
- Built‑in validation engine that checks for IFRS rule compliance and flags inconsistencies
- Actuarial valuation tools for insurance, pensions, and financial instruments with configurable assumptions
- Risk‑management dashboards that link actuarial outputs to regulatory reporting requirements
- Cloud‑hosted platform with role‑based access control and audit trails for secure collaboration
- Export capabilities for standard regulatory formats and integration with existing ERP/EPM systems