Fiduciary Exchange LLC (FIDx) is building a well-established annuity marketplace system into its new insurance exchange program.
FIDx announced earlier this week that it has integrated the Ebix product marketplace into its own insurance exchange system.
(Related: FIDx Opens Annuity Supermarket)
FIDx is a Berwyn, Pennsylvania-based organization that opened the Ix insurance exchange program in June. The exchange has started by giving advisors access to annuities from many different life insurers.
Ebix is a Johns Creek, Georgia-based company that provides technology services for companies in the insurance industry and other industries. One arm of Ebix, AnnuityNet, has been running an order-entry system for annuity transactions since 1998.