Analytic Reporting For Annuities Nominated For A 2011 ‘Model of Excellence’ Award

DTCC’s Insurance & Retirement Services’ (I&RS) new online Analytic Reporting for Annuities service has been shortlisted for a 2011 "Model of Excellence" award from InfoCommerce Group. The InfoCommerce Models of Excellence awards, produced by InfoCommerce Group, highlight and profile industry ‘Best of Breed’ information products that demonstrate how real revenue can be generated by selling and distributing information online, with unique content, top-quality data and world class software.

The Analytic Reporting for Annuities service, provides insurance companies and broker/dealers with a unique view of their own business and business relationships, as well as the overall market for annuity products.

Developed with the active input of an advisory group of member firms, the service was piloted in late 2010 by the advisory group, which provided I&RS with feedback about how this data should be used, and what kinds of information should be presented.

DTCC launched Analytic Reporting in June after partnering with Infinata to develop the solution. Infinata, a provider of information and analytic solutions, was selected by DTCC based on the fit of its technology with the transaction data and because of its reputation in the financial services industry.

"Our Analytic Reporting Service helps firms manage and grow their businesses by delivering useful data," said Adam Bryan, Managing Director, I&RS. "We are thrilled to be among the innovative and trailblazing technology firms recognized by the InfoCommerce Group."

"DTCC’s Analytic Reporting for Annuities product is an outstanding example of how organizations can leverage internal, transactional data flows to create useful, insightful and valuable information products that meet their industries’ needs," said Russell Perkins, founder and managing director, InfoCommerce Group. "We are particularly impressed by the product’s powerful and elegant user interface that translates massive amounts of raw data into actionable business intelligence."

MODEL OF EXCELLENCE

Candidates for the award, which is now in its eighth year, span all industries and represent a variety of online business models. The winners of the award will be announced at the sixth annual awards dinner at DataContent 2011, on Thursday, Nov. 3, in Philadelphia, PA. Adam Bryan will also be speaking at the conference on Friday, Nov. 4, on the topic of "Strategic Makeovers."

More information about the conference can be found at: http://www.infocommercegroup.com/ conference