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| Topic: |
Business
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| Number of pages / Number of words: |
5 / 1143 |
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Some of the advantages that this new system could offer included using a centralized repository for accounts, account maintenance would not be needed for administration systems, and accounting would be streamlined and accurate for financial reporting. While the Annuities IT solution would provide the same advantages and meet the same financial reporting requirements, the biggest risk was not utilizing the centralized repository for accounts...
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While the Annuities IT solution would provide the same advantages and meet the same financial reporting requirements, the biggest risk was not utilizing the centralized repository for accounts. After renegotiating the cost, eventually our annuity business partners elected to join the rest of the enterprise and utilize the life insurance solution...
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