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Trust Suite

Annuities

Manage the full lifecycle of annuity contracts, from issuance to payout calculations.

Key features

  • Lifecycle Management

    Handles all types of annuities from purchase to payout.

  • Rate & Fee Tracking

    Tracks different interest rates and fees during accumulation and payout phases.

  • Calculations

    Calculates amortization schedules and projection calculations.

  • Single-View Access

    Provides single-screen access to customer details and beneficiaries.

  • Fee Management

    Tracks recurring and non-recurring fees and expenses.

  • Commission Management

    Manages sales commissions and override commissions.

Like every MIMICS system, Annuities is customised to your institution and interfaces with the other MIMICS modules and your third-party systems. How we deliver →

Quick answers

About Annuities

What is MIMICS Annuities?

Annuities is part of the MIMICS Trust Suite. Manage the full lifecycle of annuity contracts, from issuance to payout calculations.

What are the key features of MIMICS Annuities?

Key features include Lifecycle Management, Rate & Fee Tracking, Calculations, Single-View Access, Fee Management and Commission Management.

Can Annuities be customised and integrated with other systems?

Yes. Like every MIMICS system, Annuities is customised to each institution’s requirements and local regulations, and interfaces with the other MIMICS modules and third-party systems. It can be deployed on-premise, in the cloud (AWS, Microsoft Azure, Oracle Cloud and others) or in a hybrid model.

Who builds and supports MIMICS Annuities?

MIMICS, Inc. has built financial software since 1976. Its India subsidiary, Wildgrube Software in Hyderabad, develops, tests, implements and supports MIMICS systems.

See Annuities working with your data.

Tell us about your institution and the problem you are solving. We will show you how MIMICS systems fit — remotely or on-site.