UltiAMS – Annuity Management System
This system handles Annuity Policy Administration. It has a flexible computation engine for determining annuity payments. It has option for calculations using uploaded Tariff Rate tables. It has full support for Underwriting and Actuarial Risk Management.
- Manage various Annuity types e.g Fixed Annuities, Variable Annuities, Equity-Indexed Annuities etc.
- Manage various Payment types e.g. Lump-Sum Payments, Flexible Payouts etc.
- Tracks Ongoing Contributions
- Manage account information e.g Primary & Secondary Contact
- Tracks Contribution, Payout, Fees and Commision
- Built specifically for annuity management and are configurable to meet their needs.
- A single platform built from the ground up using a rules logic approach. This offers Clients a lower total cost of ownership and a seamless integration with their systems.
- Software as a Service (SaaS), On Premise Licensing, hybrid deployment Options.
- Our component based approach allows our customers to automate the distribution areas that are required immediately and also gives them the option to upgrade or add additional modules as needed.