List of SAS Solution for IFRS 17 Customers
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Since 2010, our global team of researchers has been studying SAS Solution for 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 SAS Solution for IFRS 17 for Governance, Risk and Compliance 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 SAS Solution for IFRS 17 for Governance, Risk and Compliance include: Intact Financial, a Canada based Insurance organisation with 31000 employees and revenues of $18.49 billion, Tata AIA Life Insurance, a India based Insurance organisation with 12307 employees and revenues of $3.10 billion, PetroVietnam Insurance, a Vietnam based Insurance organisation with 4100 employees and revenues of $2.66 billion, Malayan Insurance, a Philippines based Insurance organisation with 945 employees and revenues of $230.0 million and many others.
Contact us if you need a completed and verified list of companies using SAS Solution for 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.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Intact Financial | Insurance | 31000 | $18.5B | Canada | SAS Institute | SAS Solution for IFRS 17 | Governance, Risk and Compliance | 2019 | n/a |
In 2019, Intact Financial implemented the SAS Solution for IFRS 17 to support end-to-end IFRS 17 compliance across finance, actuarial and accounting functions in Canada. The deployment is categorized under Governance, Risk and Compliance and was scoped to align actuarial measurement with accounting-ledger posting and regulatory reporting requirements.
The implementation configured core SAS Solution for IFRS 17 capabilities, including the IFRS 17 calculation engine, an IFRS-specific accounting subledger, and reporting modules for statutory and management outputs. Configuration work included measurement model parameterization, mapping of cash flow and discounting inputs from actuarial processes into the calculation engine, and automated posting rules to the subledger to create audit-ready accounting entries.
Operational coverage emphasized cross-functional integration between actuarial modelling outputs, finance ledger interfaces and accounting close workflows within Intact Financial Canada operations. Governance was structured around a centralized control framework, versioned model governance, validation and reconciliation routines between the IFRS 17 subledger and reporting modules, and staged rollout across finance and actuarial teams to support compliance and traceability.
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Malayan Insurance | Insurance | 945 | $230M | Philippines | SAS Institute | SAS Solution for IFRS 17 | Governance, Risk and Compliance | 2024 | n/a |
In 2024 Malayan Insurance implemented the SAS Solution for IFRS 17 as part of a Governance, Risk and Compliance initiative, deploying the application on SAS Managed Cloud Services to centralize model execution and reporting. The implementation targeted core insurance accounting requirements for IFRS 17 and was structured to support the insurer's network of more than 30 branches across the Philippines, aligning system capabilities with finance, actuarial, underwriting and IT business functions.
The SAS Solution for IFRS 17 configuration focused on automated cash flow calculations, Contractual Service Margin modeling, scenario and assumption management, and production of audit ready reports with end to end traceability. The deployment created a single source of truth for IFRS 17 outputs, enabling shorter reporting cycles and user acceptance testing across functional teams, while preserving detailed data lineage from input to published figures.
Operational integration included cross functional data preparation and calibration workflows, with actuarial teams driving assumptions and cash flow models and IT extracting usable data from historic source systems going back to 2018. Financial Risk Group supported calibration, model setup and iterative testing alongside SAS, and the implementation emphasized system performance, model auditability and repeatable batch processing for monthly and quarterly reporting runs.
Governance changes centered on formalized sign off processes, traceability requirements and joint finance actuarial review gates to produce audit ready disclosures. As an explicit outcome of the program Malayan generated IFRS 17 figures in under 30 minutes and achieved IFRS 17 readiness two years ahead of the revised national deadline, strengthening regulatory credibility and providing more transparent, comparable insurance contract reporting.
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PetroVietnam Insurance | Insurance | 4100 | $2.7B | Vietnam | SAS Institute | SAS Solution for IFRS 17 | Governance, Risk and Compliance | 2022 | KPMG |
In 2022, PetroVietnam Insurance deployed the SAS Solution for IFRS 17 in a KPMG-led engagement to meet group IFRS 17 reporting requirements. The implementation is categorized under Governance, Risk and Compliance and targeted finance, actuarial and risk teams at the Hanoi-based insurer.
KPMG delivered an IFRS 17 Express accelerator powered by the SAS Solution for IFRS 17, onboarding a traceable calculation engine and an IFRS 17 subledger. Configuration work emphasized traceable calculation logic, subledger capture of measurement outputs, and standardized reporting workflows to support consolidated IFRS 17 disclosures.
The deployment was completed in less than 12 weeks, using KPMG's accelerator to accelerate setup and configuration of the calculation engine and subledger. Operational coverage spanned finance, actuarial, and risk functions, aligning calculation outputs and subledger records to group reporting processes for IFRS 17.
Governance and process restructuring focused on centralizing calculation traceability and subledger outputs to improve auditability across finance and actuarial workflows, with KPMG acting as the implementing partner. The engagement demonstrates a rapid, partner-orchestrated rollout of the SAS Solution for IFRS 17 within the Governance, Risk and Compliance domain at PetroVietnam Insurance.
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Insurance | 12307 | $3.1B | India | SAS Institute | SAS Solution for IFRS 17 | Governance, Risk and Compliance | 2024 | n/a |
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