
Tempus Capital Partners Launches Online Tax Credit Exchange Portal on the OIX Platform
New portal will provide stakeholders of all sizes the ability to buy, sell and trade tax credits
BATON ROUGE, La., March 16, 2015 /PRNewswire/ -- Tempus Capital Partners, LLC, a newly formed tax credit intermediary and finance company, today announced the launch of its Tax Credit Exchange Portal as a market-marker on the Online Incentives Exchange (OIX).
"This platform creates significant value for both taxpayers looking to purchase tax credits and for those companies with tax credits to sell and monetize," says Tempus Managing Director Robert Lay, a seasoned industry veteran who has spent nearly the last decade in the tax credit industry with Stonehenge Capital Company. "As the highly fragmented and regionalized tax credit market continues to grow and mature, participants in this marketplace desire a more efficient, transparent and standardized transaction process coupled with the ability to purchase and/or sell tax credits across multiple jurisdictions utilizing a single unified platform."
Leveraging the technology, infrastructure and online community provided by the OIX, businesses of all sizes are now able to maximize the value of government sponsored economic development programs in an open marketplace. According to Lay, "Access, transparency and real-time pricing provided by the OIX's digital online platform will benefit all players in the space, and the end result will be more liquidity and opportunity across all jurisdictions and all credit types. Access to the OIX community and ecosystem enables Tempus to provide unparalleled transactional efficiency and an exceptional value to customers – both corporate and individuals – on both sides of the trade, and I am proud to be a pioneer in this exciting transformation."
Mr. Lay brings significant experience in monetizing both transferable and allocated tax credits, with a primary focus on maintaining client relationships for both tax credit acquisition and sales. Working closely with corporate, institutional and individual taxpayers, Tempus will offer clients across multiple states single year and multi-year tax credit focused strategies that provide taxpayers with significant savings, attractive yields, and an effective tool to better manage and preserve cash. Lay, who has a Bachelor's degree in accounting and a Master's degree in finance, is actively engaged with Fortune 500 clients, family offices, CPA firms and other referral sources, privately held companies, and individual taxpayers.
The Tempus Capital Partners Tax Credit Exchange Portal is powered by a white-label technology system provided by the OIX, who has created a network of market markers, specialists and service providers on their multi-tenant platform bringing greater liquidity and traditional market dynamics to the historically opaque and fragmented tax credit landscape.
"We are really excited to have Robert and Tempus become a market-maker on the OIX, adding to the 10 companies currently operating 'Portals' on the platform. In addition to the best-in-class Portal operators we have over 250 member firms participating in the OIX community and Tempus is positioning itself as a pioneer and thought leader by transforming to a digital solution in order to experience greater liquidity and significantly more opportunities", said Daniel Bigel, chief executive and co-founder of The OIX. "Tempus will not only take advantage of our turn-key technology solutions and improve the dynamics in which they facilitate tax credit transactions on behalf of its customers, but they will also bring new tax credit product specialties to our network of professionals who are engaged in all aspects of tax credits."
About Tempus Capital Partners
Tempus is a boutique financial specialist focused on identifying, structuring, financing, monetizing, syndicating, and brokering federal and state tax credits and related incentives for both tax credit buyers and sellers. Tempus works closely with firms looking to monetize excess tax credits by consulting, identifying and structuring tax credit opportunities in an efficient manner to yield the most value for the client's credits. Tempus also actively works with individual and corporate taxpayers seeking tax savings and attractive yields by purchasing or investing in tradable tax credit opportunities. Based in Louisiana, Tempus offers a national footprint for monetizing various tax credits and incentives.
About the Online Incentives Exchange (OIX)
The OIX platform is a community and network of businesses highly engaged in acquiring and transacting in tax incentives across a variety of transactional behaviors. We enable tax credit buyers, sellers, investors, lenders & intermediaries to manage and monetize their credits in both public and private exchanges through our community of "market-makers", "specialists" and "service providers". We help businesses increase new customer acquisition through a private and branded "Portal" and (optional) "Private Exchange" platform, and our sophisticated Tax Credit Lifecycle & Workflow Management Systems provide accounting firms, tax credit brokers, tax credit lenders, advisory firms and government agencies with the ability to bring their activities online efficiently and cost-effectively, resulting in increased growth and liquidity opportunities.
SOURCE Tempus Capital Partners
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