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Ascensus and Janusea Join Forces

In a groundbreaking move, Ascensus has announced a strategic partnership with Janusea, marking a significant advancement in the realm of financial technology. This collaboration is set to transform the administration of Individual Retirement Accounts (IRAs) and Health Savings Accounts (HSAs) by enhancing efficiency and security for financial institutions.

Streamlining Administrative Processes

As part of this partnership, Janusea's innovative technology will enable greater integration with Ascensus' existing platform. This integration seeks to eliminate the cumbersome manual entry processes that currently plague the management of IRA and HSA transactions. By automating these operations, the partnership aims to improve overall productivity within banks and credit unions, allowing employees to focus on providing top-notch customer service instead of getting bogged down by administrative tasks.

Anna Johnson, Head of Ascensus Retirement Products Solutions, expressed her enthusiasm about the partnership, stating, "We're thrilled to partner with Janusea to bring this innovative solution to our clients." She emphasized that integration should not be a barrier to innovation, and with Janusea's technology, financial institutions can leverage state-of-the-art solutions to enhance their service offerings.

Key Features of the New Solution

The integration promises several notable benefits that will revolutionize the way financial institutions manage their IRA and HSA services:

1. Comprehensive Implementation Support: Financial institutions will receive full assistance during the onboarding process, ensuring a seamless transition.
2. Increased Efficiency: The elimination of duplicate data entry will allow front-line staff to operate more effectively.
3. Error Reduction: Ascensus' streamlined and compliance-focused workflows will help minimize common data entry errors.
4. Modern Technology Framework: The backend infrastructure will simplify operations, allowing clients to scale their IRA and HSA programs without significant development effort.
5. Improved Transaction Efficiency: The integrated solution will facilitate a quicker processing of IRA and HSA transactions.
6. Secure and Compliant Operations: Enhanced measures will ensure the security and compliance of all retirement and savings account transactions.
7. Expanded Integration Options: Clients will gain access to integration with more than 20 core systems, further broadening their operational capabilities.

Kyle Stutzman, CEO of Janusea, echoed Johnson’s sentiments by saying, "Technology, expertise, and partnership are shared values for both of our companies, and we are excited to bring real-time, two-way communication with Ascensus to banks and credit unions." He highlighted that Janusea aims to empower financial institutions by providing them with the tools necessary to deepen client relationships and grow their assets effectively.

The Impact of the Partnership

This strategic partnership not only enhances the technological capabilities of Ascensus but also positions both companies at the forefront of financial innovation. By leveraging each other's expertise and resources, Ascensus and Janusea are set to redefine how financial institutions approach retirement and health savings account management.

As Ascensus continues to provide leading technology, services, and expertise aimed at helping millions save for their future, this partnership with Janusea is a significant step forward. Both companies are committed to making tax-advantaged savings more accessible and easier to manage.

For more details about the partnership and its implications, visit Ascensus' website and Janusea's site.