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... their own interest rates, fund values and product feature information thereon ! ... have online access to update and maintain the product parameters thereon. ... – PowerPoint PPT presentation

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Title: Presentation to:


1
CANNEX
  • Presentation to
  • September 16, 2005

2
OVERVIEW OF CANNEX

CANNEX specialises in gathering, compiling and
redistributing comparative information about the
products and services offered by financial
institutions in Canada, the United States,
Australia and New Zealand.
3
OVERVIEW OF CANNEX
4
OVERVIEW OF CANNEX
5
OVERVIEW OF CANNEX
  • The key to the data and information services
    provided by CANNEX is that the financial
    institutions themselves have online access to the
    CANNEX database, web site or FTP site and are
    responsible for entering, updating and
    maintaining their own interest rates, fund values
    and product feature information thereon !

6
OVERVIEW OF CANNEX
  • In the case of payout annuities the
    participating life insurance companies have
    provided CANNEX with the actual mathematical
    algorithms used to determine their pay out
    annuity values. CANNEX replicates these
    algorithms on the CANNEX server and the life
    companies have online access to update and
    maintain the product parameters thereon.
    Crunching these algorithms simultaneously
    enables CANNEX to generate real time quotations
    that are combined into surveys of the annuity
    marketplace instantly on demand !

7
OVERVIEW OF CANNEX


8
OVERVIEW OF CANNEX


9
OVERVIEW OF CANNEX
  • Market Research


10
OVERVIEW OF CANNEX
11
OVERVIEW OF CANNEX
  • Market Research


12
OVERVIEW OF CANNEX
  • Market Research


13
OVERVIEW OF CANNEX
  • Market Research
  • Media Distribution

Analytical Services
Electronic Media
Print Media
Financial Institutions
www
14
OVERVIEW OF CANNEX
  • Market Research
  • Media Distribution

15
OVERVIEW OF CANNEX
  • Market Research
  • Media Distribution
  • Broker / Agent Distribution

phone in
fax
online
file transfer
www
Financial Institutions
Broker / Agent Distribution
16
OVERVIEW OF CANNEX
  • Market Research
  • Media Distribution
  • Broker / Agent Distribution

17
OVERVIEW OF CANNEX
  • Market Research
  • Media Distribution
  • Broker / Agent Distribution

18
OVERVIEW OF NO CANNEX !
Broker
Broker
19
CANNEX CANADA
  • In Canada, CANNEX provides
  • Data Services
  • Transactional Services
  • Software Development Services

20
CANNEX CANADA
  • Canadian Data Services
  • CANNEX gathers, compiles and distributes
  • GIC / Term Deposit, GIA, RRSP, RRIF, Mortgage,
    Deposit Account (Savings / Chequing), Loan
    and Credit Card interest rates and product
    information for 92 Banks, Trust Companies, Life
    Insurance Companies and Credit Unions across
    Canada. (Street and Broker rates)
  • Payout annuity quotations, surveys and ILY
    values for all major issuers
  • Daily and month end NAVPSs and distributions,
    historical NAVPSs and performance data for
    188 Investment Fund companies (Mutual, Seg, and
    pooled)
  • End of Day equity / stock prices (TSX, NYSE,
    AMSE, NASDAQ)

21
CANNEX CANADA
  • Canadian Transactional Services
  • Since 1994 CANNEX has operated the CANNEX
    Financial Network (CFN) which enables agents /
    brokers / dealers /planners (advisors) to
    facilitate the sale / purchase of GICs and Term
    Deposits with 18 participating financial
    institutions electronically !
  • 590,155 applications worth 18,208,145,793.47
    since inception !

22
CANNEX CANADA
  • Canadian Software Development Services
  • Custom Annuity Engines
  • Provides annuity issuers with an economical and
    efficient pay out annuity algorithm where the
    core interest, mortality and expense assumptions
    are aligned with the companys pricing
    philosophy.
  • Web-based Annuity Quotations
  • Provides annuity issuers and distributors with
    an economical, efficient and transparent,
    web-based, facility to generate annuity
    quotations and surveys.

23
CANNEX CANADA
  • CANNEX and NOVINSOFT !

24
CANNEX CANADA
  • Novinsoft and CANNEX !

25
CANNEX CANADA
  • CANNEX annuity quotation / survey services
    history
  • 1984 Income Averaging
    Annuities
  • 1990s Retirement Annuities
  • 2004 Insured Annuities

26
CANNEX CANADA
  • CANNEX / Novinsoft service premise
  • real time payout annuity
    quotation / survey facility
  • state of the art life insurance
    quotation / survey service facility
  • accurate / timely insured annuity
    illustrations !

27
CANNEX CANADA
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