Blue Frog Solutions, a provider of life and annuity solutions for order management, compliance, and straight-through processing, released its AFFIRM for Annuities Compliance and Order Management System version 1.5.
The new version is ACORD 2.16 compliant, features numerous usability improvements, and support for FINRA Rule 2821. This release was coordinated with Blue Frog's industry partners, including carriers, brokerages, banks, and the Depository Trust and Clearing Corporation. Blue Frog's partners have performed extensive user testing over the past two months.
"AFFIRM version 1.5 offers superior flexibility at a lower cost of ownership for our clients," says Chris Pernicano, vice president solution services for Blue Frog. "It offers cutting-edge technology that helps financial institutions deal with the complex nature of annuity sales, compliance, and operations."
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