Blogs

Home / Blogs / EDI 268 Annuity Activity Document

Table of Content
The Automated, No-Code Data Stack

Learn how Astera Data Stack can simplify and streamline your enterprise’s data management.

EDI 268 Annuity Activity Document

July 20th, 2018

What is an EDI 268 Annuity Activity Document?

EDI 268 is an ANSI X12 transaction set that is used to exchange information about annuity account activity.

The transaction set can be used for the following purposes:

* To communicate information about account positions

* To communicate transaction activity

The data contents and format of EDI 268 Annuity Activity are used for the electronic interchange of information. It is divided into various segments and data elements.

Workflow for the Exchange of an EDI 268 Annuity Activity Document

EDI 268 falls under the category of X12N Insurance transaction sets. Annuity providers use this transaction set to communicate the annuity activity with distributors. Other entities that use EDI 268 transaction set include brokers, banks, financial agents, and planners. It is also used in combination with other EDI documents to transmit information related to account positions.

Stay EDI Compliant with EDIConnect

Simplifying the process of sending and receiving EDI messages, EDIConnect is an enterprise-grade EDI solution designed for handling all X12 and EDIFACT transaction sets. Featuring a built-in EDI translator, validator, and transaction builder, EDIConnect aids communication between trading partners, as well as helps them streamline the process of information exchange through process orchestration.

Find out more about the industries we’ve helped and how we did it.

You MAY ALSO LIKE
Unleashing the Potential of Insurance Data with AI-Powered Extraction 
Revolutionizing Insurance Regulatory Compliance with AI-Powered Data Extraction
Overcoming Data Challenges in the Insurance Industry
Considering Astera For Your Data Management Needs?

Establish code-free connectivity with your enterprise applications, databases, and cloud applications to integrate all your data.

Let’s Connect Now!
lets-connect