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MONY To Use Sungard Software

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NU Online News Service, June 5, 2003, 11:38 a.m. EDT – MONY Life Insurance Company, New York, has started using the Versatile Illustration Partner system from SunGard Insurance Systems, Miami, a unit of SunGard Data Systems Inc., Wayne, Pa., to support annuity sales.

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MONY Life, a unit of The MONY Group Inc., is using the VIP system to illustrate the performance of the annuities in both the accumulation and the payout phases, SunGard says.