EXTON and BERWYN, PA — iPipeline and Fiduciary Exchange LLC (FIDx) have announced a strategic expansion of their collaboration aimed at improving annuity management for wealth management firms and their advisors. This enhancement focuses on offering a streamlined, digitized solution that integrates iPipeline’s AFFIRM® for Annuities order entry system with FIDx’s financial management platform, Insurance Exchange.
This strengthened partnership builds on the longstanding relationship between the two companies, aiming to provide a unified experience that enhances operational efficiency. “We are equipping advisors with streamlined ways to access income, protection, and retirement solutions for their clients through their platform of choice,” said Rich Romano, CEO of FIDx. “Deepening our relationship with iPipeline is a natural fit in our pursuit to make this a reality.”
FIDx’s Insurance Exchange is known for being platform agnostic and has chosen to expand its integration with iPipeline due to its use of ACORD and DTCC industry standards. This ensures a seamless connection with FIDx’s advanced annuity order entry and tracking technology.
Pat O’Donnell, CEO of iPipeline, expressed enthusiasm about the partnership’s potential to advance digital transformation within the annuities sector. “We are thrilled to strengthen our relationship with FIDx,” O’Donnell stated. “Together, we will continue to simplify the annuity management process by bringing together our solutions which will advance digital transformation across the entire industry.”
The collaboration offers several key benefits for advisors, including access to iPipeline’s AFFIRM for Annuities solution, which enhances order entry, book of business, and in-force transactions capabilities. Additionally, the forthcoming OneView™ solution will provide advisors with a unified, real-time view of carrier order statuses.
FIDx’s Insurance Exchange complements these features by offering a comprehensive suite of services, including planning tools, product research, education access, and post-issuance reporting and analytics.
This partnership exemplifies a shared commitment to building a connected insurance and wealth management ecosystem, enabling firms to leverage the expertise of two leading insurance technology companies for improved efficiency and growth in annuity management.
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