GROUPIRA Launches Cutting-Edge Platform to Transform IRA Rollovers with Microsoft Azure
MicrosoftMicrosoft(US:MSFT) GlobeNewswire News Room·2024-12-26 20:40

Core Insights - GROUPIRA®, INC. has launched GROUPIRA® 5.0, a platform aimed at transforming individual retirement account (IRA) rollovers for channel partners through advanced technologies [1][4] - The company is also developing a customized online account origination solution for external retirement plan advisers to enhance the onboarding process [2] - Future developments include GROUPIRA® 6.0, which will further automate processes by merging PDFs for channel partners, allowing management of millions of accounts [3] Technology and Innovation - GROUPIRA® 5.0 utilizes technologies such as Microsoft Azure, FIS Relius, LexisNexis, Plaid, DocuSign, and Veratad to improve efficiency, accuracy, and automation in the rollover process [1] - The platform evolution includes previous versions that focused on streamlining rollover claims and simplifying automatic enrollments, showcasing a commitment to innovation and efficiency [4] Company Vision and Commitment - GROUPIRA®, INC. aims to bring the benefits of 401(k) plans to IRA investors, emphasizing its role as a leader in financial technology innovation [5]

GROUPIRA Launches Cutting-Edge Platform to Transform IRA Rollovers with Microsoft Azure - Reportify