Dubai/Amsterdam, March 11, 2022 SAM Corporate is cleversoft group’s preferred partner for IFRS 17 implementations of SecondFloor eFrame® IFRS17 in the Middle East and Africa. The goal of this strategic partnership is to leverage on the expertise of both companies to provide clients with a cost-effective solution to ensure compliance with the global IFRS17 standard.
SAM Corporate are leaders in Corporate Performance Management and the digital finance space in the Middle East, combining its winning strategy of solution domain expertise, skilled advisory team, and experience of implementing large number of projects in different industry segments.
Marc Gillis, Managing Director of SAM, explains “2022 is a critical IFRS 17 executive year and it is essential to choose the right solution to ensure quick and accurate compliance to the standard. The purpose of the collaboration is to provide our customers with the best fitting solution aligned with their budget consideration and ensuring a smooth implementation before year-end. “
SecondFloor eFrame®’s powerful data and process management platform is helping customers in the MEA region to accelerate the risk and regulatory reporting process and is available as an easy-to-implement ready-available Software-as-a-Service package for simple and fast compliance to IFRS 17 standard. Alternately, SecondFloor eFrame® is also available as an Enterprise version for companies looking for full automation and integration with various reporting streams.
Erwin van Dixhoorn, Managing Director of cleversoft supervisory services, explains: “Marc and his team from SAM Corporate are the perfect partner for us, knowing both the global regulatory standards, our software as well as the local market idiosyncrasies. Today we are welcoming the first 5 clients to our joint platform”.
About SAM Corporate LLC
SAM Corporate are the Enterprise Performance Management Experts in the Middle East providing fully optimized solutions for Complex Consolidations, Driver based Budgeting, Long Range Planning, Rolling Forecast, regulatory and compliance solutions for IFRS9, IFRS16 and IFRS17. Based in Dubai, SAM Corporate blends world-class technology from its global partners together with its deep domain expertise and vast software implementation experience.
SAM operates via its own offices in UAE, UK and India, and sister companies and associates in the rest of the world. SAM works closely with partners, redistributors, and technology specialists to allow ease of operations in several countries around the world.
About cleversoft group:
cleversoft is a leading cloud based RegTech provider for supervisory reportings & compliance for the financial service industry. Among others cleversoft serves more than 300 major institutions in the areas of Solvency II, IFRS 17, MIFID II, PRIIP and AML/KYC. Founded in 2004, we support our clients from our offices in Amsterdam, The Hague, Munich, Frankfurt, Nuremberg, Luxembourg and Sofia.
Joris van Dam, cleversoft supervisory reporting B.V.
Phone: +31 6 433 93 215