Life and Unit-linked Insurance

Collect and Automate

overview

JUMP Life is a complete unit-linked investment management solution for Life Insurance companies.
It covers all types of investment management, from the automation of the order placement workflow on external funds to the control of funds under management mandates.
Thanks to automated controls and analytics, you can optimize Asset & Liability matching and reduce the financial risk of your company.

Benefits of the solution 

PROCESS STP (STRAIGHT THROUGH PROCESSING)

Accelerate and secure your business processes by relying on a fully integrated platform in your Information System: integration of orders from Policy System, native interfaces with your banking and distribution partners, as well as your brokers

INDUSTRIALIZATION OF THE ORDER WORKFLOW FOR BOTH SECURITIES AND CASH

Benefit from a customizable and automated system ensuring the aggregation and netting of order flows, variance management, blocking rules (minimum amount, quantity verification, blacklist, etc.)

CONTROL OF FINANCIAL RISK

Improve the monitoring of the Asset & Liability Management and regularization procedures by relying on an intelligent system which categories variances by financial risk and prioritizes their regularizations

DEVELOPMENT OF A HIGH-END UNIT LINKED OFFER

Easily consider the diversification of the financial support offered thanks to a business repository supporting a wide variety of financial instruments

CONTROL OF DEDICATED UNIT-LINKED SUPPORTS AND STREAMLINING OF EXCHANGE WITH YOUR AGENTS

Valuate highend diversified mandates and control investment constraints (profile, liquidity, etc.). Streamline and automate subscription and redemptions requests, as well as fees management

SUB-LEDGER ACCOUNTING

Automatically generate the corresponding accounting entries for your investment operations and feed your general ledger solution

Main features

Portfolios valuation

∎ Multi-asset class: funds, securities, structured products
∎ Multi-currency
∎ Multi-custodian
∎ Real-time valuation engine
∎  Automated integration of positions from Policy System
∎ Allocation control
∎ Liquidity control
∎ Corporate actions management and cash flow monitoring

 

Workflow of order placement

∎ Automated integration of the order book from Policy Systems
∎ Management of estimated, confirmed, delta, cancelled orders
∎ Aggregation and recycling process (for suspended and broken orders)
∎ Management of Backed EMTNs
∎ Customized pre-trade checks
∎ Order transmission (SWIFT, proprietary formats, email, fax)
∎ Cash workflow (CFONB and SEPA)

Asset & Liability reconciliation

∎ Reconciliation based on stocks
∎ Reconciliation based on flows (from policy systems, asset positions, custodian)
∎ Variance analysis
∎ Automated proposal of regularization scenarios
∎ P&L monitoring
∎ Customized dashboards and reports

Workflow of NAV validation for mandates

∎ Management of multi-supports contracts
∎ Dedicated fund, collective fund, specific insurance fund
∎ Integration of Policy Systems data (order book) Integration
∎ Automatic transmission of information to agents (payments, redemptions, fees)
∎ Integration of custodian data (transaction notices, securities and cash positions)
∎ Control of investment profiles
∎ Control of specific constraints on mandates
∎ Controls of operations and liquidities (eligibility, fees, etc.)
∎ Real time valuation of mandates and NAVs calculation
∎ Customized reports

Controls and Compliance

∎ Pre / post-trade compliance checks
∎ Cockpit dashboards
∎ Internal and regulatory reports
∎ Fine management of authorizations
∎ Complete audit trail

Fees and retrocessions management

∎ Fees and retrocessions calculation and monitoring
∎ Management of business providers within the CRM
∎ Reports on retrocessions to be returned and collected

Sub-ledger Accounting

∎ Multi-account plans, multi-taxation, multi-instruments
∎ Management of accounting schemas and calendars
∎ Automatic generation of accounting entries

Data Management

∎  Pre-configured business repository
∎ Control and monitoring of data loading flows
∎ Data quality control (presence, uniqueness, conformity, consistency)
∎ Multi-custodian and multi-market data flows
∎ Pricing policy 
∎ Available API REST catalog to facilitate integration into the existing Information System
∎ Available connectors with multiple Policy Management Systems 
∎ Complete audit trail

Reporting

∎ Embedded user-friendly designer of customized reports
∎ Library of pre-configured report components
∎ Automation of customized report production
∎ Report validation workflow
∎ Multi-format exports: .docx, .xlsx, .pdf, .pptx, .csv, .txt, .html

Web Platform

∎ Web-based architecture
∎ Customizable extranet for customers, business providers and distributors
∎ Mobility: tablet, smartphone

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