Group

Group Architecture
The architecture of FIT’s group solution is parameterised, and common to group and individual life, thus delivering unique capabilities to support both from the same customer-centric platform. The solution can address all “events” in the group product cycle, and supports:

• detailed client/scheme and sub-scheme/category member record structure;
• salary and contribution histories;
• grouped contribution collection and reconciliation features;
• new business quotations and benefit targeting;
• investment and risk combinations with schemes;
• core scheme selections and overriding member choice;
• retirement investment strategy recording and fulfilment;
• integrated death benefit and waiver of premium processing;