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Nationwide Uses AnnuityNet System

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NU Online News Service, Dec. 5, 11:44 a.m. – Nationwide Financial Services Inc., Columbus, Ohio, has hired AnnuityNet Inc., Leesburg, Va., to set up a Web-based order-entry service for individual fixed and variable annuities.

The system guides advisors through the order-entry process, analyzes suitability of orders, checks for regulatory compliance, and tracks sales, Nationwide says.