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 and distribution 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 cost.
• 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 systems maintenance.
• Support new products — as hybrid products catering to retirees are introduced into the marketplace, having a flexible system is paramount to successful product launches.