iWorks Navigator Administration
iWorks Navigator Administration supports the complexities of modern annuity contracts by providing functionality to manage the accumulation phase for all forms of fixed, variable, individual and group annuities. Navigator’s rules-driven architecture offers the flexibility to establish new products in response to changes in both qualified and non-qualified annuity markets. iWorks Navigator Administration easily integrates with other iWorks solutions including Illustrations, Payout and Electronic Application components for straight-through annuity processing.
Features
- Supports fixed interest, market value adjusted, variable funds and equity indexed annuities
- Features Service Oriented Architecture (SOA) adapter to self-service solution
- Administers non-qualified annuities, IRAs, SPIAs, 403(b), 401(k), and unallocated plans
- Scales to adapt to business growth
- Integrates with other iWorks Navigator components for ease of use
Benefits
- Facilitates the rapid development of new products as well as the customization of existing annuities
- Helps enable increased efficiency through streamlined annuity administration
- Supports a variety of annuities to meet the business demands
- Rationalizes annuity accumulation processing to a single solution
- Centralizes the management of annuity customer data