Ascensus announced a new strategic partnership with Janusea to deliver a financial technology solution that streamlines IRA and health savings account (HSA) administration for financial institutions. Janusea's product creates a direct integration between Ascensus' technology platform and banks and credit unions, eliminating manual, dual entry of IRA and HSA transactions.

Ascensus currently offers full-service IRA and HSA administration as well as related services for approximately 5,500 financial organizations through its Retirement Products & Solutions (RPS) line of business. The new partnership combines Ascensus' position as the leading provider of IRA and HSA services in the industry with Janusea's deep experience bridging the gap between financial institutions and innovative fintech solutions.

"We're thrilled to partner with Janusea to bring this innovative solution to our clients," noted Anna Johnson, Head of Ascensus Retirement Products & Solutions. "Janusea believes integration should never be a barrier to innovation and is passionate about unlocking and accelerating financial technology for banks and credit unions. We're proud to offer this turn-key solution with minimal implementation effort on our clients' behalf, so banks and credit unions can spend more time doing what they do best and leave the data sharing and reconciliation to us."

"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," said Kyle Stutzman, CEO and CoFounder of Janusea. "Ascensus brings purpose-built IRA and HSA technology to financial institutions and offers expertise in retirement and other tax-advantaged savings accounts. Their partnership to expand services, deepen client relationships, and grow assets at banks and credit unions aligns perfectly with the value Janusea strives for in our business. Through our technology platform, integration expertise, and commitment to partnership, we believe we are stronger when working together."