GMV(GoF Movement)

IFRS 17 insurance contracts establishes principle for the recognition, measurements, presentation, and disclosure. IFRS 17 aim to provide consistency to all aspects of accounting for insurance contracts and enable analysis, investors and regulators to meaningfully interpret the profitability and liabilities.

GMV is a comprehensive solution for the insurance industry to address the financial accounting requirements of IFRS 17 and to measure and report liabilities. GMV integrates seamlessly with existing infrastructure, linking data, model, system, and processes between actuarial and accounting functions.

Why GMV for your Business?

Get Compliant Quickly

Quickly and accurately comply to IFRS17. Data Collection, calculations, reports and control the process by using our workflow and audit trail.

Accuate Calculations

Accurately calculate present value of future cash flows, liability for remaining coverage, incurred claims, contractual service margin, onerous contract and analyze movement.

Easy Connection

Our solution plugs into your existing systems architecture. GMV easily connects to actuarial, finance, and risk systems and centralizes all contract data.


At a Glance

Movement Analysis

Analyse changes in fulfilment cash flows and experience adjustment, claims and premiums into CSM or liability by reporting period and GoC.

Sensitivity Analysis

Provides complate insight into insurance revenue by analyzing the impact of sensitivity on insurance service results and insurance finance profit/loss.

Flexible Reporting

Provides summary of results and dashboards for analysis, financial or management reporting.

Journal Entry Format

Get Visibility into the journal entries resulting from the accounting process through pre-configuration of business rules.

Easy to Use Solution

Consolidate input data from various source system into a single platform, gain transparency across the calculation and reporting.

Systematic Workflow

Optimize data, number of calculations, and evaluation of insurance contracts with automation, and rapid processing.