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Introducing Investment Illustrator—a flexible and simple illustration system for
the wealth market.
illustrate inc is pleased to announce the release of Investment Illustrator—a
flexible, rules-driven tax compliant illustration product for the wealth
marketplace.
Built using .NET® technology and developed
with illustrate inc’s robust, modular design philosophy, Investment Illustrator is highly customizable
and easily integrates with illustrate inc’s other products.
Investment Illustrator dynamically generates charts, and
produces reports based on client inputs and a complex set of Company and
statutory rules relating to age, province of residence, and any previous
products selected. The application addresses both sides of the wealth equation
— accumulation projection and payout projection—and accommodates inputs such as
ad hoc lump sum deposits or payouts, level or indexed deposits & payouts, and
separate rates of return during accumulation or payout. Investment Illustrator
can be easily branded through logos, labels, folder names, and reports.
With its flexible solve capability, Investment Illustrator
can answer common questions such as:
- What will my savings be worth? (“Future value of
savings”)
- What must I save to reach my accumulation goal or
income goal? (Deposit stream”)
- How long will I have to save at my current level to
reach my accumulation goal or income goal? (“Deposit duration”)
- What minimum or maximum income will my LIRA or RRSP
provide? (“Future income”)
- How long can I draw a specified income from my RRSP,
LIRA or non-registered savings? (“Future income”)
- What income can I draw from my non-registered savings
while leaving a specified estate value? (“Immediate income”)
Click here to see a short demonstration of the Investment Illustrator system
(1 minute running time).
“Investment Illustrator is a wonderful example of how powerful yet customizable illustrate inc's engine, smart file and editor structure is to apply to new applications.” commented Zahir Dhalla, President of illustrate inc. “As the pace of change in the life insurance industry continues to accelerate, flexibility has become a key requirement to stay competitive. Investment
Illustrator’s flexible, rules-based design philosophy allows insurers to
introduce product changes to their field force more quickly, allowing insurers
to sharpen their competitive edge.”
Watch for our spring issue of Insight which will include
our latest product for the Wealth market, Single Premium Immediate Annuity.
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