RALEIGH, N.C., July 12, 2016 /PRNewswire/ -- Investor Services Company of America (ISCoA) announced today that its new Escrow Administration module has been completed and is now installed in EB5 Suite. EB5 project owners now have an automated workflow for escrow, connected with FundAmerica's infrastructure, to provide seamless and compliant handling of all escrow requirements. ISCoA is working with Western Alliance Bank to handle the funds while in escrow for its customers.
ISCoA has created a powerful and secure environment to track, execute, report and maintain important client records associated with EB5 Immigrant Investor activities. The latest addition of escrow is ISCoA's statement to the industry that EB5 has reached a point were customized solutions are justified and essential to maintaining a compliant business model.
When asked about the new service Richard Kristof, ISCoA's CEO said; "we are so happy with the technology integration but even happier with the solid relationship that Western Alliance Bank and FundAmerica bring to this offering". ISCoA will be offering demos of the system including the escrow administration module by request. Demo appointments can be made by calling ISCoA at 844-TECH-EB5 or through its scheduling portal at http://meetme.so/ISCoA
About Investor Services Company of America
ISCoA provides software solutions for the purpose of organizing and maintaining critical information, documents and records for specialized businesses including the EB5 industry. ISCoA offers EB5 Suite, a Cloud-based solution with a CRM, ERP and DMS that helps any organization doing EB5 based financing. The platform creates and organized and efficient workflow to assist clients in their efforts to remain compliant to the regulations of the industry. For more information visit iscoa.com.
FundAmerica provides escrow, AML, transfer agent and compliance services, all via API and plug & play "Invest Now" transaction engines. Used by hundreds of broker-dealers, investment advisers, portals and platforms engaged in technology-driven capital formation via 506b/c, Reg A+, Reg S, and 4(a)(6) crowdfunding. The services are easy to implement, provide detailed real-time reporting and ensure compliance with federal and state regulations. In doing so, FundAmerica provides the crowdfunding industry with the best and only technology-integrated compliance and back-office solution. For more information, visit fundamerica.com.
About Western Alliance Bank
With more than $15 billion in assets, top-performing Western Alliance Bancorporation is one of the fastest-growing bank holding companies in the U.S. and recognized as #10 on the Forbes 2016 "Best Banks in America" list. Its primary subsidiary, Western Alliance Bank, is the go-to bank for business and succeeds with local teams of experienced bankers who deliver superior service and a full spectrum of deposit, lending, treasury management, international banking, and online banking products and services. Western Alliance Bank operates full-service banking divisions: Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank. The bank also serves business customers through a robust national platform of specialized financial services, including Corporate Finance, Equity Fund Resources, Hotel Franchise Finance, Life Sciences Group, Mortgage Warehouse Lending, Public and Nonprofit Finance, Renewable Resource Group, Resort Finance, Technology Finance and Alliance Association Bank. For more information, visit westernalliancebancorporation.com.
Chief Executive Officer
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SOURCE Investor Services Company of America