Ascensus rolls out IRAdirect eSign, powered by IMM
Financial institutions streamline operations, meet compliance requirements, and enhance customer experience with embedded eSignature technology
RAHWAY, NJ (February 27, 2017) — IMM, an industry innovator of eSignature and eTransaction Management for financial institutions, and Ascensus, the nation’s largest independent retirement and college savings services provider, announced the official launch of their collaborative solution: IRAdirect eSign.
The initial Ascensus rollout provides more than 3,600 financial institutions access to the newly enhanced product. IRAdirect eSign enables institutions to eliminate paper documents, reduce operational expenses, and provide customers a more streamlined, secure, and convenient process for signing IRA, HSA, and other important forms.
“Allowing account holders to electronically sign documents from the branch location that is most convenient builds loyalty and gives our customers an advantage in today’s increasingly competitive market,” said Steve Christenson, Ascensus’ executive vice president of retirement and health services. “We are pleased to collaborate with IMM to provide our customers with a proven solution that not only reduces costs and drives efficiencies throughout the organization, but more importantly, helps financial institutions better serve their customers.”
Electronic transaction processing improves security and helps financial institutions be compliant with regulatory demands. IRAdirect eSign easily integrates with an institution’s existing technology platform. This is essential because it supports business processes and systems already in place. Additionally, with IRAdirect eSign, financial institutions can quickly and accurately complete customer transactions, enabling the account holder to electronically sign documents from any branch location.
According to IMM Executive Vice President John Levy, “The financial services industry is shifting as more day-to-day processes become automated, leveraging digital technologies to streamline traditional paper-based processes. This digital transformation helps organizations control costs and better meet the needs of an increasingly mobile consumer base that expects and often demands faster processing. Our partnership with Ascensus is exciting because together we’re providing a solution that meets the customer’s needs, while ensuring compliance, improving security, and driving down costs. These are the goals we strive for as a company.”
About IMM
CFM, IMM and NXTsoft have joined forces to provide the most open and connected integration platform for scaling innovation and accelerating transformation efforts. Today more than 2,500 banks and credit unions use this expanded suite of API connectivity, document workflow, teller workflow, analytics, and data connectivity solutions. By delivering access to innovation across 80+ fintechs and 40+ banking cores, we help financial institutions break down barriers, unlock new services, and enhance their competitive edge.
For more information visit whycfm.com, immonline.com, or nxtsoft.com.
About Ascensus
Ascensus is the largest independent retirement and college savings services provider in the United States, helping over 7 million Americans save for the future. With more than 35 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 47,000 retirement plans, over 3.9 million 529 college savings accounts, and a growing number of ABLE 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.
View career opportunities at careers.ascensus.com or on LinkedIn at linkedin.com/company/ascensus. For the latest company news, follow @AscensusInc on Twitter.
