In 2018 we set out to define what a modern end to end 1031 exchange processing solution should really look like for our clients and the settlement industry partners we support. After architecting the solution, we went out and found the best technologies and tool sets available to us in Silicon Valley. We then integrated those technologies into an end to end solution that provides our clients with a completely modern, efficient, and secure 1031 exchange process. Yes, we had to develop some “secret sauce” of our own along the way, but felt that the investment was worthwhile for our clients.
Today Fyntex leads the industry with the first secure, world class transactional experience for our Exchangers as well as for our strategic partners throughout the country.
Why is this new standard important?
Most Exchangers do not realize that the 1031 exchange industry is largely unregulated. This means that Exchangers need to remain hyper aware of their exchange funds while on deposit with their Qualified Intermediary as well as maintain daily visibility into their exchange progress as they move through the 180 day exchange period.
With our secure client portal every Exchanger is assurred that not only are their funds safe in a Qualified Escrow Account, they can also view every aspect of their exchange 24/7 in their own secure client workspace.