CustyLife is the best platform to make your employees focus on value added services to customers by allowing insurance company or pension fund to :
Operate simply, efficiently and timely
Reinvent the product offering
Provide the brokers and distribution channel with outstanding service level
Reduce operating expenses and increase competitiveness
Dedicate additional resources and time to quality & compliance procedures
Ease the implementation of your digital transformation journey
Product administration allowing an efficient and swift product definition to define product , fees and commission behaviour including advanced life insurance techniques (DAC, spreads, shadow accounting,..) to provide you with excellent time to market capabilities.
Tax Calculation Framework
Tax rules and calculation method definition for every taxable step of the life insurance contract to guarantee that you will always be on top of the different countries tax regulations and provide your customers with an accurate fiscal service
XML based document data content definition providing flexibility to produce new documents. Easily integrable with the majority of document rendering engines.
Operational reporting design tool allowing to benefit from all the accuracy of Custy LIFE’s data to generate on demand reports.
Workflow customisation tool ensuring flexibility on steps and validation rules to help you to fit to your operational rules and constraints.
Funds and Units Adminitration
Fund Services and NAV Calculation
Automated links with assets managers and custodian banks combined with fund management process to ensure accurate NAV calculation.
Fully configurable regulatory and client personal investments constraints with periodical automated control and rebalancing suggestion to guarantee the investment portfolio is always in line with what it should be.
Trade globalisation and Netting
Complete globalization and netting of daily trades link with a complete automation of the buying and selling process from policies to counterparties including the company box management to reduce operational costs related to trade execution and matching process.
Assets & Liabilities matching
Continuous matching of assets and liabilities to save important amount of reconciliation costs.