The Proprietary Platform Enables Customizable Access to Annuities for Any Enterprise or Partner
FIDx, a product-agnostic platform that connects annuities with wealth management platforms and other solution providers, announced the launch of its proprietary platform, FIDx Protection Intelligence. The launch enables direct integration for any distribution entity to offer access to protection and income solutions from a range of insurance carrier partners. FIDx Protection Intelligence supports FIDx’s mission to expand the distribution of annuities and help financial advisors meet the income and protection needs of their clients.
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“FIDx Protection Intelligence is a major milestone and will be game-changing for FIDx, as well as our insurance carrier and other strategic partners,” said Rich Romano, Chief Executive Officer at FIDx. “From day one, our mission has been to support advisors and meet them where they do business. With Protection Intelligence, advisors who do business virtually anywhere can now get efficient access to meet the needs of their clients and really elevate their business. It’s a huge step forward in the annuity business.”
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Protection Intelligence offers active annuity management for financial advisors who are helping clients plan for, and navigate, retirement. With an intuitive and an easy-to-use platform, FIDx Protection Intelligence features an annuity dashboard offering insights on upcoming events, opportunities and daily valuations. Other features include a direct integration for advisors to research and compare annuities using the most up-to-date information, fully electronic application processing, including suitability packet, e-signature and home office review queue for easier business processing and vastly improved client experiences.
“Now, perhaps more than ever, clients have significant income and protection concerns, whether they are planning their retirements or living in retirement,” said Brent Mondoskin, Vice President, Product Strategy at FIDx. “In the current economic environment, advisors who are digitally enabled, with a range of industry-leading solution providers at their fingertips, will undoubtedly be more valuable to their clients. Now they can deploy a holistic planning approach and effectively help their clients achieve retirement security.”
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