Ebix Consulting Success Story #2 Insurer Quickly Launches DTCC STP Capability from the Cloud to Enter New Sales Channel
Overcoming Roadblocks to Efficiency A rapidly growing, midsized annuity carrier needed a completely electronic workflow to allow its annuities to be sold through a new sales channel, in support of its business strategy. This channel demanded straight-through processing of Attachments document messaging with the Depository Trust & Clearing Corporation. The insurer’s IT department had ...
Ebix Consulting Success Story #1 DTCC STP to Expand Annuities Distribution
Big Plans with New Partners A large AM Best A-rated Life & Annuity carrier with over 700,000 customers needed to support aggressive business expansion into the Bank and Independent Broker-Dealer channels. Business within these channels is transacted via electronic STP (straight-through processing) submissions through the DTCC, and the Carrier needed to rapidly adopt this workflow to ...
