Delta IFRS 17 Software
Delta empowers insurers to manage IFRS 17 data with robust security, real-time analytics, and strong compliance features for effective governance.
At the heart of Delta lies a focus on security and governance, which are essential for insurers to effectively manage IFRS 17 data. With robust access controls, thorough audit capabilities, and device authentication, Delta ensures that regulatory compliance remains consistent. While the setup may appear organized, its extensive actuarial features, accounting functionalities, and real-time analytics render it perfect for insurance companies driven by compliance needs.
What Is Delta?
Delta is a cloud-centric solution designed for Governance, Risk, and Compliance (GRC), specifically crafted for the insurance industry to navigate the intricate requirements of IFRS 17. It serves as a core engine for actuarial modeling and financial reporting, fostering transparency in accounting practices. By automating data processes and validation tasks, this software assists organizations in minimizing regulatory risks and enhancing the accuracy of their financial reports, thus facilitating easier and more auditable compliance on a large scale.
Delta Pricing
The pricing for Delta (provided by Prima Consulting) typically ranges from $2,000 to $6,000 per month ($24,000 to $72,000 annually), according to industry standards for governance, risk, and compliance software utilized by mid-sized and larger enterprises. This price bracket is meant for general reference; actual costs may differ based on user numbers, compliance requirements, and selected modules.
In addition to the standard subscription fees, organizations should also consider the following costs:
Implementation And Configuration: $10,000–$50,000 depending on the complexity of regulations and data architecture
Data Migration And Compliance Mapping: $5,000–$30,000 based on existing legacy systems and reporting requirements
User Training And Enablement: $2,000–$15,000 for training compliance teams and administrators
Integrations (ERP, Financial Systems, APIs): $10,000–$75,000 depending on the type and number of integrations needed
Ongoing Support And Maintenance: Generally 15%–25% of the annual license fee, influenced by the level of service agreement
Request a customized pricing quote for Delta tailored to your organization.
Note: Pricing information is derived from publicly accessible third-party sources and industry standards. Actual expenses may vary.
Delta Integrations
This software facilitates integration with current ERP systems while also supporting API-based connections. However, specific integration options are not publicly available.
Schedule a complimentary demo of Delta to discover more about its integration capabilities.
Who Is Delta For?
Delta is particularly suited for professionals within the insurance sector.
Is Delta Right For You?
Navigating changing regulatory frameworks like IFRS 17 can often lead to data silos and manual reporting inaccuracies, which may result in significant penalties for non-compliance. Delta effectively tackles these challenges by delivering a consolidated actuarial and accounting engine that preserves data integrity. It simplifies complex calculations while providing transparent audit trails to meet regulatory demands. Endorsed by prominent companies such as Atlas Insurance, this software is designed for high-stakes financial contexts where precision is critical.
If you're still uncertain about choosing Delta, feel free to reach out to our support team at info@softwareseekers.com for additional assistance.