FundAmerica and IRA Services Collaborate to Help Equity-Crowdfunding Platforms Scale through Tax Deferred Micro Alternative Investing
Management of both companies are set to discuss their integrations at FundIt, the first conference dedicated to crowdfunding compliance, marketing and technology, being held on April 26-27, 2016 at the Bellagio in Las Vegas.
SAN FRANCISCO, April 26, 2016 /PRNewswire/ -- IRA Services Trust Company, the leading provider of Cloud-based Retirement Account Solutions, and FundAmerica Technologies, a leading provider of tech-based transaction and compliance solutions to financial services providers and crowdfunding platforms, today announced their plan to integrate IRA Services' ISCP™ Retirement Account platform with FundAmerica's transaction engine. This new integration will allow FundAmerica's customers to better accommodate retail clientele seeking to invest in equity offerings using their 401(k) and IRA accounts.
With Title III crowdfunding set to go live next month and new Reg A+ offerings gaining traction, many investors are excited about new opportunities in alternative investing. However, because their investable capital often rests in retirement accounts, many retail investors seek to participate through 401(k)s and IRAs. Without the ISCP™ technology to accommodate tax deferred crowd-investing, both intermediaries as well as issuers may be seriously curtailed in their ability to penetrate this rising generation of enthusiastic crowd-investors.
IRA Services' ISCP™ is the only cloud-based micro retirement investment solution that enables platform intermediaries to provide a seamless, real-time, easy to use retail investment experience for their IRA funds.
FundAmerica provides brokers, portals, platforms and serial issuers with easy-to-implement tools and technology for some of the most complicated back-office pieces of the fundraising process.
IRA Services' ISCP™ helps platform intermediaries scale by enabling them to market to more than 43 million investors and over $14 trillion dollars held in 401(k) and IRA accounts.
Management of both companies will be discussing details of the new seamless API integration at this week's FundIt conference, the first forum dedicated to crowdfunding compliance, marketing and technology, being held on April 26-27, 2016 at the Bellagio in Las Vegas. Details on the conference can be found by visiting http://www.fundit.us/.
About IRA Services Trust Company
With over $6 billion in assets, IRA Services Trust Company has a 37-year history of specializing in custodial trust solutions for non-exchange traded assets. Today, IRA Services has emerged as the leading provider of retirement account solutions. The company's recently introduced ISCPTM, the first and only highly scalable, bank-grade secure, cloud-based retirement investment solution for the next-generation of P2P and Crowdfunding investing. By providing a retirement account integration solution that allows financial platforms to seamlessly transact real-time investments from 401(k) and IRA accounts, IRA Services is enabling peer lending and equity and debt crowdfund platforms, as well as traditional financial services providers, with the ability to significantly grow their retail account base and increase assets under management. Additional information can be found at www.iraservices.com/iscp.
About FundAmerica
FundAmerica provides escrow, AML, transfer agent and compliance services, all via API transaction engine. Used by hundreds of broker-dealers, investment advisers, portals and platforms engaged in technology-driven capital formation via 506b/c, Reg A+, Reg S, and 4(a)(6) crowdfunding.
- Easy to implement
- Detailed real-time reporting
- Ensure compliance with federal and state regulations
FundAmerica provides the crowdfunding industry with the best and only technology-integrated compliance and back-office solution.
About FundIt
FundIt is the Crowdfunding industry's marquee event and provides attendees with a deep dive into the new rules – how to stay in compliance and succeed in the technology-driven securities business. Produced for the industry, and by the Industry, it includes sessions devoted to Compliance, Marketing and Technology for 506(b)&(c), Reg A, and of course the new Title III/4(a)(6). Keynote speakers and panelists include industry leaders, regulators, subject matter experts and service providers.
Media Contact:
Dara Albright
[email protected]
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SOURCE IRA Services Trust Company
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