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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

The Annuity Suitability Working Group (ASWG) led the NAIC’s multi-year efforts to develop revisions to the Suitability in Annuity Transactions Model Regulation (SAT) to incorporate a requirement for producers to act in the “best interest” of a retail customer when making a recommendation of an annuity.

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7 Benefits of Metadata Management

erwin

Understand how data relates to the business and what attributes it has. Map data flows. Identify where to integrate data and track how it moves and transforms. Govern data. Develop a governance model to manage standards, policies and best practices and associate them with physical assets. Socialize data.

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