One of the main problems in IFRS17 implementations is writing specifications.
It is easier to read and understand the specifications when you can simultaneously refer to a numeric example.
Systemorph Cloud Notebooks allow you to mix prose texts, formulae, and numeric examples in one place so that business rules are transparent, and the specifications can be understood by multiple departments from technical to business.
The Systemorph IFRS17 solution comes with a specification notebook in which the Calculation Engine is broken down into elementary steps that the reader can choose to execute cell by cell in an interactive manner.
Finally, the specifications are easy to adapt due to the simplicity of editing the notebooks.