Proformex
Proformex is a data and technology platform that helps financial professionals and institutions manage life insurance and annuity assets, providing actionable data and tools to improve client relationships and maximize investment value.
About Proformex
Proformex is a data and technology platform tailored for financial professionals and institutions to manage life insurance and annuity assets. The platform connects users to critical, actionable data across all carriers and products, thereby enhancing client relationships, growing revenue, protecting investments, mitigating risks, and managing liabilities. Proformex plays a crucial role in the financial industry by streamlining and simplifying the management of life insurance and annuity portfolios.
Proformex Services and Solutions
Proformex offers a range of solutions designed for agents and advisors, distributors, broker-dealers, and financial institutions. These services include a life policy platform, annuity platform, data intelligence, performance data, custom reporting, risk intelligence, and opportunity analytics. Proformex processes over 4 million data points daily from more than 250 sources, ensuring comprehensive and up-to-date information for its users. The platform supports more efficient management of client portfolios and delivers customizable, client-friendly reports for meaningful client engagement.
Proformex Products
A key product offered by Proformex is PolicyGuard®. PolicyGuard® provides marketing automation and data-driven insights to help financial professionals manage and monitor their clients' life insurance and annuity contracts. It sends event notifications directly to policy owners and advisors, thereby generating engaged leads back to businesses. This product is designed to alert users to important policy events, helping them stay proactive in managing assets.
Proformex Data Capabilities
Proformex aggregates data from over 200 carriers and integrates it from more than 250 sources. The platform manages and monitors $1.2 trillion in life death benefit value, $45 billion in cash value AUM, and $130 billion in annuity contract value. Its advanced data model allows organizations to dynamically manage and make changes to data. Additionally, Proformex provides a centralized, secure location for policy and contract values that are regularly refreshed from data feeds.
Proformex Security and Compliance
Proformex is SOC II Type 2 certified, ensuring institutional-grade security, compliance, and control of client and asset data. This certification verifies that Proformex has met stringent standards for managing and protecting data, offering peace of mind to financial institutions and professionals who use the platform. The emphasis on security and compliance demonstrates Proformex's commitment to maintaining the integrity and confidentiality of client information.