Accruit Announces Formation of Technology Advisory Board

Accruit, a financial technology company and qualified intermediary specializing in 1031 exchange services, is pleased to announce its newly-formed technology advisory board, a strategic committee of technology experts.

Denver, CO – Accruit’s newly assembled technology advisory board held its inaugural meeting last month at the company’s Denver headquarters. The board is comprised of technical subject matter experts from inside and outside the organization. The purpose of the board is to provide strategic guidance on evolving technologies and developing new solutions that continually improve the client experience and grow Accruit’s service offering.

President and Chief Operating Officer Karen Kemerling is the creator of the board and Sean Stevens, Accruit’s software development manager, will serve as the board’s lead internal advisor. External advisors, each chosen for their expertise in emerging technologies, security, software processes and technology and Agile methodology, are Shawn Beeson, director of software engineering at MPEG LA, LLC, Jason Collins, vice president of engineering at It’s Covered Insurance, and Paul Guerrero, vice president of software engineering at Mortgage Cadence.

"It is an honor to work alongside the talented people at Accruit," said Paul Guerrero. "I'm excited for the opportunity to bring my technical leadership background to guide and grow the organization."

Accruit is the only qualified intermediary with proprietary software designed specifically to handle the complexities of 1031 exchange transactions. Leveraging the Accruit Exchange ManagerSM, Accruit enables investors and their advisors to efficiently and securely manage 1031 exchange transactions that provide capital gains tax deferral and increased cash flow. Architected with progressive and proven technology from Fortune 100 companies, Exchange Manager is hosted in redundant and fault-tolerant cloud data center, ensuring 24/7/365 availability. Data is encrypted and continuously backed up, and access to the application is secured behind a robust web application firewall.

The company recently launched a managed service offering that combines Exchange Manager with the company's team of exchange professionals to facilitate back-office processing, administration, reporting, tracking and funds management of exchanges for independent consultants wishing to provide 1031 services to the marketplace. The newly-formed technology advisory board will be responsible for ongoing consideration and presentation of ideas that similarly apply technological advancement to market opportunities.

“The technology advisory board is a tremendous asset for Accruit,” said Sean Stevens. “The range of expertise and knowledge that our external advisors bring is incredible, and my team and I are thrilled to partner with them on technology decisions and software development strategy."

Photo: Sean Stevens, Lead Advisor on Accruit Technology Advisory Board