Finastra Upgrades Fusion Invest to Enhance Annuity Carrier Operations

Finastra has enhanced its Fusion Invest system with new functionalities aimed at improving coordination across front, middle, and back-office operations for annuity carriers. The update features automation of dynamic hedging for annuity contracts, improving transparency and operational efficiency in trading and risk management. Additional enhancements address collateral management, compliance with derivatives processing regulations such as Swift ISO 20022, and operational cost reductions through improved workflows.

The upgraded system supports real-time market data analysis and scenario modeling to identify investment opportunities within specific product constraints, including participation rates and crediting methods. This functionality is particularly relevant as annuity carriers expand their investment options to include registered index-linked annuities (RILAs), which require compliance with both FINRA and SEC regulations due to their dual nature as insurance products and securities.