IMM, Ascensus Form Strategic Partnership
IMM, a provider of eTransaction automation solutions for the modern business enterprise, announced today a new strategic partnership with Ascensus, the country’s largest independent retirement and college savings service provider. The companies will collaborate to integrate IMM’s eSignature technology into the Ascensus Individual Retirement Account (IRA) platform, IRAdirect®.
By eliminating paper in favor of electronic documents, IRAdirect will provide organizations a paperless solution for its IRA program. Integrating eSignatures from IMM will allow Ascensus to expand the degree of efficiency delivered through IRAdirect, giving customers and end-user consumers a streamlined, convenient experience for signing IRA documents and other forms.
“With this partnership we are bringing together two like-minded companies with common goals: helping organizations apply technology to improve operations and provide a better overall consumer experience,” said John Levy, executive vice president of IMM. “We have been working with Ascensus for quite some time, and delivering our eSignature technology as an embedded option within IRAdirect elevates our level of collaboration to support Ascensus’ operational and compliance needs.”
IMM’s eSignature technology automatically archives completed documents and creates a continuous audit trail. These inherent features within the technology will create new back-end efficiencies and compliance benefits for Ascensus customers.
“The competitive advantage that comes with the ability to provide a paperless, eSignature solution cannot be understated,” stated Steve Christenson, executive vice president of Ascensus. “We are excited to work with IMM in order to improve operational efficiency on our end and—most importantly—provide a better and easier overall experience for our IRA administration clients using IRAdirect.”
About IMM
IMM provides complete eTransaction automation to more than 650 U.S. organizations. The company’s fully integrated eSignature, eWorkflow, eLoan and eTeller solutions make transacting easy and convenient for the consumer while creating a more efficient, cost effective and compliant business environment. Any organization needing to remove paper and create mobility within its contract or transaction management lifecycle can benefit from IMM’s services, including financial services, healthcare, insurance, real estate, life sciences, government, legal and education.
About Ascensus
Ascensus is the largest independent retirement and college savings services provider in the United States, helping over 6 million Americans save for the future. With more than 30 years of experience, the firm partners with financial institutions to offer tailored solutions that meet the needs of financial professionals, employers, and individuals. Ascensus specializes in recordkeeping, administrative, and program management services, supporting over 40,000 retirement plans and over 3.3 million 529 college savings accounts. It also administers more than 1.5 million IRAs and health savings accounts and is home to one of the largest ERISA consulting teams in the country. For more information about Ascensus, visit www.ascensus.com.