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Asset Pricing (AAP) enables insurance carriers to transmit the unit values for underlying funds within variable annuity and life insurance products to distributors on a daily basis. It provides fund-level pricing information, similar to the net asset value for mutual funds, that may be applicable to multiple insurance products within a carrier’s product line.

  • Who Can Use The Service

    Asset Pricing (AAP) is available to firms that are members of DTCC’s National Securities Clearing Corporation (NSCC). Click here for information on how to become a member of NSCC.

  • Benefits

    With AAP, customers can:

    • Access the pre-sale performance comparison information, such as daily fund units and values, required to calculate carrier-by-carrier product comparisons at the onset of a variable insurance sale.
    • Obtain current pricing information as of the close of business each day.
    • Calculate and verify contract values on annuity and life insurance products on a daily basis.
    • Simplify and streamline the transmission of data through one comprehensive file of product and fund data, enabling carriers to provide full pricing information to all their trading partners.

  • How The Service Works

    Using a mainframe or Internet connection, carriers can use AAP to electronically send pricing information to NSCC, which then routes the information to distributors.

  • For More Information

    Please email us at [email protected] or fill out a contact us form.

Additional Resources

  • News

    Read the latest updates about DTCC's AAP, providing fund-level pricing information applicable to multiple insurance products within a carrier's product line.

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  • Legal

    Download legal information about Asset Pricing, which calculates and verifies contract values on annuity and life insurance products on a daily basis.

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  • Client Center

    Get the record layouts and supporting technical documentation for DTCC's Asset Pricing (AAP). Contact us with questions or for support at 1-888-382-2721.

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