Insurance & Retirement Services

ACATS/IPS (Automated Customer Acct. Transfers-Insurance Processing Svs.) automates changes in annuities’ broker/dealer of record when clients transfer accounts between brokerage firms.

Applications & Premium transmits annuity application and initial premium information from distributors to insurance carriers.

Asset Pricing enables insurance carriers to transmit the unit values for underlying funds within variable annuity and life insurance products to distributors on a daily basis.

Attachments (ATT) enables insurance distributors and carriers to electronically exchange digital (imaged) documents, signatures, forms and other types of unstructured data during the pre-sale, new business and post-issue processing of annuity and life insurance information.

Broker Identification Number facilitates brokerage identification number/brokerage account number changes requested by a distributor.

Commissions service automates the settlement of commissions and compensation dollars, as well as communications between insurance carriers and distributors. Commissions bring these efficiencies to both annuity and life insurance products. 

Financial Activity for Asset Managers helps fund managers track money movement within their investment portfolios for variable annuity and life insurance products.

Financial Activity Reporting enables insurance carriers to provide distributors with daily financial transaction information, providing a comprehensive, accurate picture of client accounts.

Fund Transfers enables distributors and insurance carriers to perform fund transfer transactions in real-time.

In-Force Web Services replace error-prone, manual and paper-based post-issue activities with straight-through, electronically signed paperwork, automated processes — from request through to transaction confirmation.

DTCC Insurance Profile is the only repository for annuities distributors to access expense, fee and commission schedule data from carriers in a centralized location.

DTCC’s Insurance Information Exchange (IIEX) is a new platform that transforms raw data into actionable insights using an API-enabled environment to consume insurance information.

Licensing & Appointments automates and standardizes insurance carrier and distributor agent-related communications and provides settlement of licensing-and appointment-related fees.

Positions & Valuations enables insurance carriers to send contract details on a daily, weekly, monthly or other basis, providing a current snapshot of their entire book of business.

Producer Management Portal provides centralized sharing, tracking and verifying of producer training completions to manage and comply with NAIC requirements.

Representative of Record facilitates changes of representative of record within a firm when the representative leaves the firm or when business is transitioned to another agent.

Settlement Processing for Insurance^SM automates the settlement of post-issue money/funding allowing for the optimal facilitation of funds back to a client’s account.

Subsequent Premiums transmits subsequent premium information from distributors to insurance carriers.