The insurance and retirement services arm of Depository Trust & Clearing Corp. (DTCC) has introduced the Analytic Reporting Service for Annuities, a service that draws on DTCC daily annuity transaction data.
The Web-based service will provide customizable, searchable information about annuity inflows, outflows and net flows, according to the DTCC, New York.
The service also will provide analysis by product, carrier, distributor, agent and investor, and it will offer an option for creating custom market segments, the DTCC says.
The DTCC is hoping the service will appeal to insurers and to the broker-dealers that sell annuity products.
The DTCC runs a system that now processes about 150 million annuity transactions per month.
