PENSCO nominated by PENSCO Trust Company
Situation
- Previously complex and paper intensive account opening, funding, and investment process
- Typically weeks to accomplish
Implementation & Innovation
- Individual investors can follow a step-by-step guided process to open, fund and invest online for certain asset classes
- Capital raisers have online tools to drag and drop the documents required to get their investment reviewed by PENSCO
- Internal case management solution to track and expedite the client process
Benefits
- Reduces typical process of investing in alternative investments with an IRA from weeks to days
- Client transparency, administrative accuracy and an intuitive user experience
Technology
- MEAN Stack (MongoDB, Express Engine, Anjular.js, Node.js) for web based client tools
- IBM Business Process Manager for internal case management solution
- Apex Coach Views toolkit by Apex Process Consultants