Wealth Management Accelerator
As more people approach retirement age, they are increasingly challenged to
find innovative life and annuity products to give them greater control over
their investment assets and their spending. CSC's Wealth Management Accelerator™
is a comprehensive system for companies to rapidly launch new products and
enable policy owners to freely move between accumulation
in a single contract. This capability helps insurers:
- Improve service — inquiries from policy owners or distributors will require
investigation of a single contract rather than a separate accumulation contract
and a separate payout contract.
- Simplify workflow — the complex actions of reaching maturity and setting up
distributions will be eliminated, resulting in less administrative effort and
- Lower risk — the financial risk of selling assets in the accumulation
contract only to purchase the same assets for payout can be eliminated.
- Reduce maintenance — having a single system will simplify the task of
- Support new products — as hybrid products catering to retirees are
introduced into the marketplace, having a flexible system is paramount to
successful product launches.
Quoted on an individual basis