CANNEX compiles data and calculations about a variety of financial products in the U.S. and Canada and makes that information available to financial service providers through a central exchange.In the United States, CANNEX is the leading provider of services that support the efficient placement of income annuities (SPIAs) as part of client’s portfolio including:1. a Retirement Income Product Exchange (RIPE) which includes:a. a SPIA Product Exchange that allows an advisor to survey the market and obtain quotes and illustrations from all the major providers in a single portal.b. a SPIA Tool Exchange that provides an advisor with a number of tools and analytics that are helpful when positioning income annuities as part of a client’s overall cash flow plan.2. Custom Applications for manufacturers, distributors and service providers to support their own proprietary retirement income processes and programs.3. Market Intelligence and Data for the retirement income marketplace.
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