AnnuityNet by Zinnia

New Account Opening

Zinnia is a leading international supplier of on-demand infrastructure exchanges to the insurance, financial, and healthcare industries. In the Insurance sector, the Company’s main focus is to develop and deploy a wide variety of insurance and reinsurance exchanges on an on-demand basis, while also, providing Software-as-a-Service (“SaaS”) enterprise solutions in the area of CRM, front-end & back-end systems, outsourced administrative and risk compliance.

Introduced in 1998, AnnuityNet is part of ZinniaExchange’s first-to-market, order-entry platform for annuity transactions. Insurers post their annuity products, associated product rules and forms on the platform where they are incorporated into a Web-based application process and a suitability questionnaire. Currently, AnnuityNet features over 1,600 annuity products from nearly 40 insurance carriers. AnnuityNet supports fixed and variable annuities, and immediate, and equity-indexed annuities. For more information, visit zinnia.com.

Integration

Building upon Zinnia’s AnnuityNet platform, Docupace and Zinnia have further streamlined the advisor experience in opening annuity accounts.

Integration Benefits:

API integration for New Account Opening which:

- Reduces duplicate data entry between the two systems
- Reduces time to open new accounts
- Reduces NIGO rates
- Increases consistency in account opening processes
- Facilitates supervision process within Docupace prior to account opening
- Improves advisor experience
- Supports both electronic and wetsigning

Increases advisor and back office efficiency by:

- Launching AnnuityNet directly from Docupace with single sign-on
- Reducing NIGO rates through automated data validations
- Automating the creation or matching on clients in the AnnuityNet platform
- Pre-populating the account number and other data collected on AnnuityNet to broker dealer proprietary forms
- Combining of carrier and proprietary paperwork for single signing ceremony with investor on Docupace
- Facilitating the ability of the firm to supervise annuity transactions on Docupace prior to account opening
- Automating the submission of completed paperwork to the annuity carrier
- Opening accounts in minutes