Annuities
HCL has been one of the prominent players in delivering technology, maintenance, outsourcing and consulting in the areas of Annuities and Pensions. With preferred relationships with various large life insurance and annuity service providers in Australia, US, U.K. Netherlands, Asia Pacific etc, HCL successfully managed huge projects addressing the specific needs of its clients.
The timely addressal of client specific problems and requirements has been the hallmark of HCL’s success.
- Pension and annuity schemes and products into any legacy or envisaged annuity administration system
- Functional Understanding and ability to configure complex annuity calculations and regulations reflect its domain strength
- State of the art technology in offering STP (Straight Through Processing Capability) for accepting New Business applications enabling faster processing of paper applications for Fixed and Insurance Products
- Enrichment services in Business Rule Validations and in creating Accord XML file formats making them as decipherable file feeds to the downstream systems in the existing Business Processes. HCL has helped customers improve the top line sales through wirehouses in U.S
- High end reporting mechanism for pension services for optimizing performance results through Thin Client Object Model
- Data storage and Data migration capabilities addressing annuity and pension service providers data and technology issues
- Structured data validation model for pensioners personal details used in pension administration system
