Our contingent deferred annuity (“CDA”) back office technology enables advisors and their clients to unlock the black box of traditional insurance products. We provide the framework to simplify the annuity product and reduce it to its essential function: an income engine.
Unbundling insurance protections in this way allows insurers to create innovative, advisor-friendly solutions with which advisors may wrap brokerage and retirement accounts to generate income. Untethering the custody of the covered assets from the insurance carrier creates back office efficiencies, and provides a range of custodians, portability of assets between custodians, and a choice of insurance carriers.
The technology platform is the key building block supporting the insurance carrier in guaranteeing income on assets custodied elsewhere. And it supports the investment advisors as they work to provide retirement security for their end investors.
Our technology is the integration among the insurers, the custodians, the advisors, clients, and third party providers of investment products and services. Security in both the transport and storage of client and advisor data has been built-in from the ground up. Scale and reliability of the platform are designed into its cloud-based technical architecture.
Our platform is comprised of three interconnected components: RetireOne technologies, advisor support desk, and fiduciary marketplace of solutions. Together these components provide independent advisors and their clients, insurance carriers, custodians and managed account providers with real-time product information, sales support, and investment account activity details.
Until RetireOne, many independent advisors were not able to write or refer guaranteed income solutions due to cost structure and lack of transparency. Our platform delivers a myriad of solutions designed for independent advisors.
We practice domain-driven architecture. We also believe in buying and configuring commercial software where practical. We focus our custom software development on the parts of our business that are unique and competitive differentiators. This includes the integration between insurers and custodians, monitoring policy compliance, and policy administration.
We pay special attention to:
All Aria/RetireOne information systems and infrastructure are hosted in world-class data centers. These data centers include all the necessary physical security controls you would expect in a data center these days (e.g., 24×7 monitoring, cameras, visitor logs, entry requirements).