Insurance Technologies, LLC, a provider of point-of-salemanagement software for the financial services and brokerageindustries, has announced the availability of its multicarrierannuity sales platform, VisibleChoice. Financial advisors andregistered representatives who may use several software systems toclose a sale can use VisibleChoice to see all relevant productfeatures and speed their time to sell suitable annuities.

VisibleChoice supports broker-dealers' ability to compare thefeatures of several annuity products at once, creates on-demandillustrations of selected products, and supports straight-throughprocessing for improved compliance and suitability. It alsocaptures and tracks data throughout the sales process to generate asuitability review at the end of the presales cycle. A fullsuitability report is then generated and made available forsignature and attached to the application package. This suitabilityanalysis report is a tool in generating productivity gains for thebroker-dealers and compliance with components to FINRA Rule2821.

"VisibleChoice will save us a huge amount of time--time wecurrently spend just learning the ins and outs of each complexannuity. With VisibleChoice, all the data is at our fingertipsallowing us the ability to make the right annuity sale fast andaccurately," says Mark DeGregorio of The PenFacs Group, a betaparticipant of VisibleChoice.

"VisibleChoice helps broker-dealers generate more revenuethrough more efficient and suitable annuity sales. Advisors nowhave the information to sell all appropriate annuities to theirclients," says David Fenimore, CIO for Insurance Technologies.