Aptitude Compliance Solutions

Aptitude offers compliance solutions for a number of regulatory standards including revenue recognition (IFRS 15/ASC 606), lease accounting (IFRS 16/ASC 842), and insurance contracts (IFRS 17/LDTI).

An award-winning RegTech solutions provider

The last decade has brought considerable regulatory change, driven by the International Standards Board (IASB) and the Financial Accounting Standards Board (FASB).

In response, finance teams are using technology to automate the generation of regulatory accounting and reporting and finding ways to use compliance initiatives to add business value and support decision-making. Aptitude has been a trusted provider of regulatory software solutions for decades and has a proven track record of successfully delivering compliance change programs at large global organizations.

Trusted by

"IFRS 17 is the most complex standard to hit the industry so it’s great to see our chosen vendor, Aptitude, recognized as a leader in the space. We selected the Aptitude IFRS 17 Solution in 2020 due to the strength of references, the completeness of the offering, and the specialist nature and focus of their organization. We are very pleased with how the project has progressed."

Apra Sekhon

Chief Innovation Officer, CAA Club Group

Read more
"What we've found so far is when we go to do processing - 120,000 leases are processed in less than three hours. I mean, this is incredible for us. We could do it every day if we wanted, which that's just amazing. The fact that the controls and error management is built into the product, from a Sox control perspective, that's going to make it so much easier.

Lora Tarabeih

Director of Accounting - Assets and Lease Accounting, T-Mobile
Clarios selected ALAE based on the flexibility and configurable nature of the solution as well as the ability to generate trial balance capabilities to allow them to see the impacts of lease decisions and verify numbers before they are fed to the General Ledger.
"Aptitude Software is a category leader in Chartis’ RiskTech Quadrant for IFRS 17 Accounting Systems for 2022. This reflects its strong capabilities in the key structural components of sophisticated accounting systems, including general ledger integration, multi-standard support, and subledger functionality."

Sidhartha Dash

Research Director at Chartis

Aptitude Compliance Solutions

Rapid IFRS 17 compliance delivered in weeks, not months

A pre-configured, out-of-the-box version of the full IFRS 17 solution enables Insurers to comply quickly and effectively with IFRS 17 requirements. Perfect for smaller Insurers looking for rapid IFRS 17 compliance with the potential to extend the solution at a later date to support complex configurations and broader finance transformation.

Aptitude IFRS 17 Comply

IFRS 17 compliance as part of a Digital Finance Transformation

A highly configurable, enterprise scalable, IFRS 17 solution underpinned by a calculation engine in conjunction with a highly extensible, rich subledger. This is the perfect choice for Insurers with complex, multi-entity requirements looking to leverage IFRS 17 compliance as a catalyst to drive finance transformation.

Aptitude IFRS 17 Solution

Using revenue recognition compliance to drive business value

A modern, highly configurable, SaaS solution to automate ASC 606/IFRS 15 and manage the end-to-end revenue lifecycle, from determining product pricing, capturing contracts, performance obligations, revenue recognition, and accounting, to financial close, disclosures, and reporting to deliver strategic business insights.

Aptitude RevStream

Revenue recognition compliance for global telecoms

The Aptitude Revenue Recognition Engine (ARRE) is a specialist financial application that empowers enterprises to comply efficiently with ASC 606 & IFRS 15. The product has been proven to deliver compliance for many of the world’s leading telecommunications providers, who use it to implement a fit-for-purpose IFRS 15 and ASC 606 solution.

Aptitude Revenue Recognition Engine

Automate lease accounting to increase efficiency and drive down costs

ALAE is flexible, highly configurable, and integrates seamlessly with existing systems, finance workflows, and surrounding architecture. It handles a wide range of complex lease accounting scenarios for both lessees and lessors, providing consistent, consolidated reporting, full visibility, and control.

Aptitude Lease Accounting Engine (ALAE)

Solving for the intersection of revenue recognition and lease accounting

ALAE can be used together with RevStream, Aptitude's revenue recognition and revenue management solution, to solve for the interdependent regulations IFRS 16/ASC 842 and IFRS 15/ASC 606. Automate and de-risk compliance with an integrated solution

Aptitude RevStream + ALAE