Mainstream Fixed Annuities, Variable Annuities, and Life Insurance

• Build a central industry infrastructure that meets the needs of all stakeholders in the industry - insurance carriers, broker/dealers, banks, trusts, other distributors of insurance products, service providers and vendors. 
• Utilize technology to automate, standardize and streamline the processing of annuity and life insurance products. 
• Expand distribution markets for annuities and life insurance products with the use of common standards.
• Empower sales representatives with the information they need in order to focus on what they do best - creating new business opportunities and servicing clients.

Create Efficiencies Throughout the Industry

• Increase insurance carriers' access to distributors by leveraging DTCC's network that connects more than 100 distributors and 50 major insurance carriers, representing more than 100 subsidiaries.   
• Eliminate labor-intensive, manual processes and dramatically improve processing time from months to weeks, or even days. 
• Increase 'good order' business with electronic processing and standardized data formats.  
• Reduce operational expenses by automating processes and creating a single connection to DTCC versus multiple direct lines and other one-off arrangements.

Achieve Financial and Operational Excellence

• Improve bottom line results by allowing insurance carriers and distributors to focus on their core competencies of creating, distributing and selling products versus operations and processing issues
• Enhance the level of service industry-wide between insurance carriers and distributors and between distributors and their clients.
• Improve compliance throughout the industry with automated tools that enable firms to monitor and cross check pertinent information.
• Embrace the future by anticipating and preparing for the challenges that lie ahead in the industry.