Straight-through processing within STEP enables credentials management, validation and licensing fulfillment using external data sources and providers. Centralized Product Configuration and management of product versions based on locale and effective date allows compliance of variations of the product. E-apps and variations of product filings for reflexive questions or underwriting guidelines can be easily managed using the Product configuration capabilities in STEP. All form templates and requirements / disclosures / authorizations etc are maintained within the integrated STEP document repository for audit and compliance purposes.

Business Analysts at the Carrier compliance departments can easily manage the product variations and all the compliance elements associated with a product during its life cycle.