Generali Has Joined Forces with FIS on its IFRS 17 Journey

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As a long-term client of FIS’ Prophet actuarial modeling solution, Generali Hellas is relying on its industry-leading technology, regulatory expertise and implementation experience to overcome the operational challenges of the new accounting standard. 

Having obtained strong experience in building strategic partnerships around the world, FIS will support Generali Hellas, through the IFRS 17 implementation in order to achieve enhanced governance and control that Generali needs to not only achieve compliance, but also manage its business more effectively.

 “We are confident that our collaboration with FIS’ Prophet will effectively guide Generali to the next level, providing us with the tools to face any future challenges. By joining forces with a highly specialized partner, we will be able to further enhance our actuarial procedures and obtain access to high level technology necessary for the IFRS17 implementation”, underlines Mr Antonis Dimitriou, Head of Actuarial Function of Generali Hellas.