List of Aptitude IFRS 17 Customers
London, EC2V 6BJ,
United Kingdom
Since 2010, our global team of researchers has been studying Aptitude IFRS 17 customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Aptitude IFRS 17 for ERP Financial from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Aptitude IFRS 17 for ERP Financial include: Great Eastern Life, a Singapore based Banking and Financial Services organisation with 5250 employees and revenues of $4.32 billion, Pan-American Life Insurance Group, a United States based Insurance organisation with 2100 employees and revenues of $1.31 billion, Hastings Direct, a United Kingdom based Insurance organisation with 3400 employees and revenues of $904.0 million, Hastings Direct, a United Kingdom based Insurance organisation with 3156 employees and revenues of $694.0 million, South Stream Transport, a Netherlands based Transportation organisation with 400 employees and revenues of $60.0 million and many others.
Contact us if you need a completed and verified list of companies using Aptitude IFRS 17, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Aptitude IFRS 17 customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Great Eastern Life | Banking and Financial Services | 5250 | $4.3B | Singapore | Aptitude Software | Aptitude IFRS 17 | ERP Financial | 2019 | n/a |
In 2019 Great Eastern Life implemented Aptitude IFRS 17, Apps Category . The program established a base IFRS17 sub ledger solution for the GEL Group intended for use across Great Eastern Life entities in Singapore, Malaysia and Indonesia, centering the Aptitude IFRS 17 application as the group accounting engine for insurance contract measurement and sub ledger posting.
Implementation work focused on configuration of the IFRS17 sub ledger, rule and measurement setup, and batch scheduling for period-end processing, with development and customization activities conducted in Java, PL/SQL and ETL scripts. Aptitude Accounting Hub AAH for Insurance, Aptitude Insurance Calculation Engine AICE and Aptitude Allocation Engine AAE are referenced in team accreditation and informed functional design choices for calculation, allocation and accounting hub capabilities within the Aptitude IFRS 17 solution.
The deployment included data integration workstreams to consolidate policy and transaction feeds across GEL entities, ETL and Oracle database development, and UNIX based scheduling and shell scripting to orchestrate batch loads and posting cycles. Operational coverage targeted financial reporting, actuarial calculations and group finance consolidation workflows, with the Aptitude IFRS 17 application serving as the central sub ledger for insurance accounting and measurement.
Governance followed Group IT standard processes overseen by the Group IT Program Office, including requirement and design reviews, technical impact assessments, source code documentation, system integration testing and user acceptance test support. Post go live responsibilities included production support, enhancement delivery, coordinated deployments using a release checklist and participation in performance and security testing activities.
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Hastings Direct | Insurance | 3400 | $904M | United Kingdom | Aptitude Software | Aptitude IFRS 17 | ERP Financial | 2019 | n/a |
In 2019 Hastings Direct implemented Aptitude IFRS 17 for the Apps Category. The deployment targeted the Group Financial Reporting function and the UK Group consolidated reporting chain, with explicit responsibility for quarterly IFRS consolidated packs, support for the UK Group Solvency II submission to parent company Sampo, quarterly investment and ratings reporting packs, and production of statutory financial statements for the Group’s UK subsidiaries.
Aptitude IFRS 17 was configured to support insurer-specific accounting workflows typical of IFRS 17 implementations, including measurement and reporting pipelines, contract valuation orchestration, and generation of consolidated reporting packs and disclosures. Configuration work emphasized repeatable pack assembly, reconciliation schedules, and templates to support peer review and yearend audit processes.
Operational coverage centered on the Group Financial Reporting team based in Bexhill, with the solution positioned to support interactions with Investor Relations, Group Tax, Audit Committees, and Risk reporting owners. The implementation narrative notes reliance on financial modelling systems and reporting packages within the finance function, and the Aptitude IFRS 17 deployment was structured to accept inputs from those modelling and reporting workflows.
Governance and process changes accompanying the Aptitude IFRS 17 deployment included formal peer review of reconciliations and schedules, preparation of technical accounting memos for senior stakeholders, weekly technical intelligence reporting on IASB and regulatory developments, and procedures to streamline external audit and yearend reporting to the parent company.
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Hastings Direct | Insurance | 3156 | $694M | United Kingdom | Aptitude Software | Aptitude IFRS 17 | ERP Financial | 2019 | n/a |
In 2019, Hastings Direct implemented Aptitude IFRS 17, Apps Category . The Aptitude IFRS 17 deployment was positioned to embed IFRS 17 accounting logic into Hastings Direct finance workflows, concentrating on configurable accounting rules, measurement of the contractual service margin, and automated journal posting to support period close. The implementation narrative centers on system-driven valuation runs and rule-based recognition that align insurance measurement with statutory reporting timetables.
Aptitude IFRS 17 was configured to support cashflow mapping, CSM amortization schedules, valuation run orchestration, and the generation of IFRS 17 compliant journals and disclosures, aligning finance and actuarial processes. Operational scope focused on Hastings Direct finance teams and consolidation touchpoints, with governance structures oriented around rule configuration management, validation workflows, and controlled release of accounting rule sets to ensure consistent treatment across product portfolios.
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Pan-American Life Insurance Group | Insurance | 2100 | $1.3B | United States | Aptitude Software | Aptitude IFRS 17 | ERP Financial | 2020 | n/a |
In 2020, Pan-American Life Insurance Group implemented Aptitude IFRS 17, deployed as SaaS, to drive compliance with the IFRS 17 standard across its entities in the Americas. Pan-American Life Insurance Group implemented Aptitude IFRS 17 as an ERP Financial application, replacing Unit4 Business World for the IFRS 17 compliance scope and centralizing accounting processes for its group-level statutory and management reporting.
The Aptitude IFRS 17 implementation leveraged out-of-the-box templates and accelerators that include insurance-specific IP, with built-in calculations, business events, process logic, and templated disclosures. Aptitude IFRS 17 was configured to support standard IFRS 17 measurement workflows and disclosure generation, reducing bespoke development by using the vendor provided templates and accelerators.
The solution was deployed as a centralized SaaS instance to cover PALIG entities across the Americas, where the group operates in 22 countries and employs 2,100 staff. The implementation design emphasized easy integration with third-party solutions, enabling interfaces to actuarial, policy administration, and general ledger systems for data consolidation and reporting without naming specific vendors.
Governance and process changes focused on finance function workflows, with Group Controller sponsorship to align contract boundary, measurement, and disclosure processes to the new IFRS 17 accounting engine. The project used Aptitude’s insurance-domain calculations and templated processes to standardize month end, remeasurement, and disclosure production across legal entities, aiming to reduce implementation risk through prebuilt business events and reporting templates.
Aptitude IFRS 17 was positioned to ensure PALIG is able to comply with IFRS 17 and to support a broader finance transformation journey, outcomes explicitly cited by company leadership. The vendor’s market recognition in 2020 for IFRS 17 and LDTI solutions was referenced as part of the selection rationale, reinforcing the solution’s fit for insurance accounting and compliance needs.
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South Stream Transport | Transportation | 400 | $60M | Netherlands | Aptitude Software | Aptitude IFRS 17 | ERP Financial | 2016 | n/a |
In 2016 South Stream Transport deployed Aptitude IFRS 17 to establish a standards-based IFRS accounting and reporting platform across its corporate office in Amsterdam and its Russian and Bulgarian branch offices. Aptitude IFRS 17 was implemented as the central ERP Financial system responsible for measurement and reporting of insurance style contract accounting and consolidated IFRS financial statements.
The implementation focused on standard Aptitude IFRS 17 capabilities, including a measurement engine for IFRS 17 accounting, aggregation and reporting workflows, automated journal posting to the general ledger, and configurable disclosure and reporting templates. Configuration work emphasized data mapping and validation rules to support month end close, statutory statement generation, and management reporting consistent with the company accounting manuals.
Integrations were established to align accounting outputs with operational payment workflows across six banks and three nations, and to provide structured reporting feeds to Dutch tax authorities, external tax advisers, and audit firms. Operational ownership rested with the Head of Accounting, Tax and Audit who supervised the payroll of 15 accounting staff and oversaw cross-border payment and statutory reporting processes while the solution supported multi-jurisdiction accounting and bank reconciliation processes.
Governance changes accompanied the deployment, including the creation of internal controls, formal accounting manuals, and defined statutory audit processes to be executed against records produced by Aptitude IFRS 17. Rollout and stabilization prioritized corporate office controls and then extension of standardized accounting and reporting procedures to the Russia and Bulgaria branches to ensure consistent IFRS financial statement production.
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Banking and Financial Services | 49 | $39M | Singapore | Aptitude Software | Aptitude IFRS 17 | ERP Financial | 2017 | n/a |
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Buyer Intent: Companies Evaluating Aptitude IFRS 17
- Sohu.com Limited, a China based Professional Services organization with 4900 Employees
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