EDC became compliant with the IFRS 17 accounting standard in 2021. In 2019, a market scan was performed, and the SAS CSM (Credit Service Margin) software was chosen for the Accounting calculation. A cloud hosting solution was also acquired where EDC’s SAS CSM licensing was installed and operationally managed in the SAS Cloud. EDC is now looking for information on market options for cloud Hosted Managed Services for SAS IFRS 17.
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