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Luma Selects CANNEX To Enhance Annuity Offering

Luma Selects CANNEX To Enhance Annuity Offering
Business Wire
Luma Financial Technologies (“Luma”), an independent, multi-issuer structured products and annuities platform, announced today that they have selected CANNEX as their latest partner to facilitate the efficient and accurate exchange of pricing and analytics for annuity products on their platform.
Backed by three of the world’s largest banks, the Luma platform simplifies complex financial instruments such as structured products and annuities, as well as streamlines what has historically been a manual investment process. Luma’s annuity solution aids financial professionals in learning, transacting, configuring, and managing annuities, which in turn provides the ability to offer their clients a wider range of income-generating solutions. ....

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Luma partners with Cannex to offer annuity data tool

Luma partners with Cannex to offer annuity data tool
Luma aims to get a broader set of advisers to engage with annuities with access to the Cannex database and annuity-focused tools.
April 13, 2021
2
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Fintech Luma Financial Technologies and data provider Cannex have partnered to provide advisers with product data and modeling support across all annuity types including fixed rate, fixed indexed, registered index-linked and variable annuities.
The partnership lets Luma leverage the Cannex database, savings annuity platform and illustration engine designed to give financial advisers access to research, select products, illustrate accumulation and income performance before continuing with the application process. ....

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Luma Partners with Insurance Technologies to Bring Annuities Solution to Market

Luma Partners with Insurance Technologies to Bring Annuities Solution to Market
CINCINNATI - Luma Financial Technologies (“Luma”), an independent, multi-issuer structured products and annuities platform, announced today that they have selected Insurance Technologies, LLC, provider of FireLight
®, a multi-carrier end-to-end insurance and retirement sales platform, as its latest partner to bring their annuities solution, “Luma Annuities,” to market.
The Luma platform, which is backed by three of the world’s largest banks, was built with the purpose of simplifying the structured product investment process. After firmly establishing itself as the global fintech market leader in the structured products space, Luma is now bringing forward an unmatched annuities solution that provides enhanced client value and aids advisors in combating their clients retirement saving challenges, which are being driven by rising market volatility and a low interest rate environment ....

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