General Insurance Article - Axa Life Invest go live with Exaxe's Channel Plus


Further to the recent announcement that AXA Life Invest has successfully gone live with Exaxe’s Illustrate Plus solution, Exaxe is delighted to announce that AXA Life Invest has now successfully gone live with Channel Plus, Exaxe’s agency managed, commissions calculation and payment solution.

 Channel Plus is a web-based, automated solution that supports agency and compensation management for the life, pensions and wealth management sectors across all distribution channels. The implementation of Channel Plus will enable AXA Life Invest to unify its entire agency and financial advisers’ administration services onto a single platform, yielding operational efficiencies and providing an improved service to all its distributors.
  
 Philip Naughton, Executive Director Business Development at Exaxe, commented
 “As a worldwide leader in innovative guaranteed unit linked products, AXA Life Invest needed a best of breed approach. Today, it has been able to leverage Exaxe’s capability and expertise into the core of its systems, and therefore keep it at the forefront of the market”.
  
 Tom Lane, Head of IT at AXA Life Invest, commented
 “AXA Life Invest experienced some challenges with respect to the management of commissions and fees paid to its partners and approached Exaxe to provide an enterprise solution for the management of fees and commission going forward. In a few short months our relationship with Exaxe has developed and we are pleased to have taken this next step with them.”
  
 “Exaxe is delighted that both Channel Plus and Illustrate Plus software solutions have gone live with AXA Life Invest. Our solutions allow our customers to respond to a dynamic market place with the speed and efficiency necessary to become market leaders.”
  
 Philip Naughton continued.
 “We are delighted to have signed this second contract with AXA Life Invest. It highlights our long term vision we share and is representative of the strong relationship we have built.”

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