March 20, 2023
As of March 2020, the SEC adopted a new final rule, 498A, and form amendments which intend to modernize disclosure requirements and allow investors to make more informed decisions about variable annuity and variable life insurance contracts.
Any of our services are available à la carte or as a complete, integrated solution.
|Key Impacts||How FilePoint Can Help|
|Decrease in recurring printed material, causing an increase in for print-on-demand requests||Fulfillment
Our proprietary online platform to facilitate the requesting, fulfilling, and tracking of printed regulatory documents.
|Increase in regulatory website material, resulting in a need for streamlined web posting process||FundDocs
FilePoint can host all documents for the variable contract on a customized webpage with links to view, download, and request printed copies.Our solution incorporates all linking and layering requirements and can also be used for incorporating underlying investment options. We can also automate posting for any documents produced by FilePoint.
|Summary document generation, creating need for efficiency producing summary prospectus documents||AutoDocs
With AutoDocs, we offer custom solutions to facilitate the document management process by aggregating data and content between regulatory document and automating document output.
|Structured data requirements, generating a new workflow component for incorporating the application of new technical requirements.||AutoIXBRL
We can simplify the inline XBRL conversion process with our proprietary platform to automate the tagging, eliminating extra steps, time, and cost.