the present invention relates to a system , process and method for purchasing securities and selling insurance policies within a business entity having an internal trading system for inputting trades and an internal management system for managing trade information . according to a preferred embodiment of this aspect of the invention , a method is provided which includes : selling an insurance policy ; inputting data concerning the sold insurance policy into the internal trading system ; selecting a security to purchase ; inputting trade data regarding the desired purchase into the internal trading system ; allocating the selected security to an insurance policy sold ; executing the purchase of the selected security ; retrieving data regarding purchases from an external trading information system ; updating and correcting errors in the trade data using the retrieved data ; and storing the trade data and the insurance policy data to an internal management system .