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Overview
Security and governance sit at the core of Delta, helping insurers manage IFRS 17 data with strong access controls, auditability, and device authentication. This helps maintain consistent regulatory alignment. The configuration process can feel structured, yet its actuarial depth, accounting, and real-time analytics make it ideal for compliance-driven insurance firms.
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Starting Price
Multiple Tiers
Delta IFRS 17 Software Specifications
- Risk Assessment And Mitigation
- Audit Management
- Version Control And Change Tracking
- Policy And Document Management
What Is Delta?
Delta is a cloud-based Governance, Risk, and Compliance (GRC) solution tailored for the insurance sector to manage complex IFRS 17 requirements. It functions as a centralized engine for actuarial modeling and financial reporting, ensuring that organizations maintain transparency in their accounting practices. By automating data flows and validation, the software helps businesses mitigate regulatory risks and improve the precision of their financial statements, making large-scale compliance more manageable and auditable.
Delta Pricing
Delta (by Prima Consulting) pricing is likely to fall between $2,000 and $6,000/month ($24,000–$72,000 annually), based on industry benchmarks for governance, risk, and compliance software used by mid-market and enterprise organizations. This range is intended for general purposes, as actual costs vary by users, compliance scope, and modules.
In addition to the base subscription costs, organizations should account for the following expenses:
- Implementation And Configuration: $10,000–$50,000 depending on regulatory complexity and data structure
- Data Migration And Compliance Mapping: $5,000–$30,000 based on legacy systems and reporting depth
- User Training And Enablement: $2,000–$15,000 for compliance teams and administrators
- Integrations (ERP, Financial Systems, APIs): $10,000–$75,000 depending on the number and type of integrations
- Ongoing Support And Maintenance: Typically 15%–25% of annual license cost, based on SLA level
Disclaimer: Pricing references are based on publicly available third-party information and industry benchmarks. Actual costs may vary.
Delta Integrations
The software supports integration with existing ERP systems and supports API-based integrations. However, the exact list is not disclosed publicly.
Who Is Delta For?
Delta is ideal for the insurance industry.
Is Delta Right For You?
Managing shifting regulatory standards like, IFRS 17 often leads to data silos and manual reporting errors, which can result in heavy non-compliance penalties. Delta addresses this by providing a unified actuarial and accounting engine that ensures data integrity. It streamlines complex calculations and provides clear audit trails to satisfy regulators. Trusted by major firms like Atlas Insurance, this software is built for high-stakes financial environments where accuracy is paramount.
Still not sure about Delta? Contact our support team at (661) 384-7070 for further guidance.
Delta IFRS 17 Software Features
Actuarial Module
This module automates complex insurance contract calculations, including cash flows generation and risk adjustment. By streamlining these actuarial processes, Delta software helps firms maintain a consistent foundation for financial evaluations in real-time scenarios.
Comprehensive Accounting Module
The accounting module generates automated journal entries and financial statements in real-time. This feature bridges the gap between actuarial data and the general ledger, allowing finance teams to produce compliant reports quickly while maintaining a clear link to underlying data.
Real-Time Data Analytics
Delta features powerful analytics tools that provide instant insights into financial performance and risk exposure. Users can visualize complex datasets through intuitive dashboards, enabling faster decision-making and more proactive management of financial health.
Data Validation
The data validation engine automatically checks incoming information for consistency and accuracy before processing. This reduces regulatory exposure, strengthens audit readiness, and helps organizations maintain consistent data quality.
Comprehensive Audit Trials
Delta maintains detailed logs of every data transformation and user action within the system. It enhances governance transparency, supports regulatory audits, and enables insurers to demonstrate compliance with clearly traceable financial documentation.
Pros And Cons of Delta IFRS 17 Software
Pros
Centralized actuarial and accounting workflows
Specialized IFRS 17 compliance automation tools
Detailed audit trails for regulatory transparency
Cons
Limited reporting options might restrict decision-making flexibility
New releases sometimes prolong project timelines
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Frequently Asked Questions
Does Delta offer an API?
It offers API-based data integrations.
What language does Delta support?
Delta is primarily available in English.
What types of pricing plans does Delta offer?
Delta cost is customized based on organizational requirements. It falls between the range of $2,000 and $6,000 per month based on industry benchmarks. Request a personalized Delta pricing quote for your business.
What other apps does Delta integrate with?
Delta integrates with ERP systems.
Who are the typical users of Delta?
It is suitable for insurance companies.
Does Delta have a mobile app?
The vendor has not shared information regarding a mobile application.
What level of support does Delta offer?
It offers email, call, live chat, and FAQs support.