Transforming IFRS 17 Implementation Through Digital Twin Validation

Aug 20, 2025

September 14, 2023

A global insurer implemented IFRS 17 using xflow's validation-first approach, testing requirements with real production data before development began.

The Challenge

A global insurer needed to implement IFRS 17 without impacting existing systems and processes. The technical requirements included orchestrating data from multiple legacy systems, integrating with multiple actuarial calculation engines, building new CSM and risk adjustment processes, and ensuring all regulatory reporting deadlines were met without disruption.

Our Solution

xflow enabled a different approach. Instead of building based on assumptions, the engineering team had access to a prototype and validation environment where requirements could be modeled, tested, and refined using actual production data - without the need for spreadsheets and complex requirements documentation.

Key Features

  • Prototype and validation environment with real production data

  • Direct validation of data format inconsistencies and timing mismatches

  • Change management prototyping for regulatory interpretations

  • Clear specifications for development teams

  • End-to-end flow verification before development

The Outcome

Validating processes in xflow gave engineering teams clear specifications for development, with insight into data formats, data dependencies, and identified edge cases. Development focused on technical implementation rather than requirements clarification, resulting in faster delivery, fewer defects, and successful deployment.

Key Results

  • Faster delivery with fewer defects

  • Successful deployment without UAT surprises

  • Improved collaboration between business and technical teams

  • Complete audit trail from concept to implementation

From Knowledge Graph to Digital Twin

© 2025 xflow. All rights reserved.

From Knowledge Graph to Digital Twin

Our Locations

UK

86-90 Paul Street, London, EC2A 4NE

India

5th floor, Technical Block, Sundarayya Vignana Kendram, Survey No: 91, Greenlands Colony, Gachibowli, Hyderabad, Telangana – 500032

© 2025 xflow. All rights reserved.

From Knowledge Graph to Digital Twin

© 2025 xflow. All rights reserved.