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.
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.
With AAP, customers can:
Using a mainframe or Internet connection, carriers can use AAP to electronically send pricing information to NSCC, which then routes the information to distributors.
To request additional information, please click here.
Read the latest updates about DTCC's AAP, providing fund-level pricing information that may be applicable to multiple insurance products within a carrier's product line.
Download legal information about Asset Pricing, which calculates and verifies contract values on annuity and life insurance products on a daily basis. Learn more.
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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