Annuity Processing System
Standard Data Corporation's automated Annuity Processing System is an integrated platform module that provides quick access to participant Annuity information. This sophisticated processing system is easy to learn and easy to use, and is available as a web-based ASP offering.
SDC's Annuity Processing System provides automated functionality designed to help eliminate common errors and ensure that correct data is provided to participants and insurance carriers.
SDC's Annuity Processing System provides the following functionality (partial listing):
- Member Account Display by Social Security Number and Name
- Individual Account Maintenance with Automated Yield and Expense Calculations
- Flexible Fund Valuation
- Annual Account Statements
- On-line Loan Application, Tracking and Multiple Loans Processing
- On-line Termination Application Tracking, and Processing
- Automated 1099 Processing
- Year-to-Date Functions
- Extensive Check Processing Functions
- Web-based Participant Enrollment, Loan Application, and Inquiry
- Interactive Voice Response Interface
- Document Imaging System Interface
- Web-based remote User/Participant inquiries