With Assure Services shutting down, Covercy is offering a $3,000 100% free migration from Assure's platform to Covercy for a limited time only. We'll have your SPVs, private equity funds, and other alternative investments set up inside Covercy's leading investment management platform today in just three business days.
Are you impacted by the Assure SPV shut down? Consider migrating to Covercy.
Covercy integrates end-to-end distribution payments, fundraising and capital call deposits, and sophisticated fund administration features directly within your investment management platform. Unlike Assure's fund administration software and other commercial real estate software on the market, Covercy allows real estate firms to open interest-earning, FDIC-insured cash accounts in a matter of minutes. All in one tool.
Do banking right within the Covercy platform. Unlike the Assure SPV fund administration software, Covercy allows you to open and manage multiple high yield cash accounts per asset, import contributions, and distribute funds to investors with a single click.
Distribute payments directly into your investors’ bank accounts without leaving the platform. Unlike Assure, Covercy can auto-calculate distributions based on pro-rata ownership and send money directly to your investors' bank accounts with a single click.
Seamlessly perform domestic and cross-border capital calls and distributions from right within the platform. Of the Assure competitors on the market, Covercy is the only SPV software that allows you to offer your investors distributions in the currency of their choice. All done automatically. (US transactions via ACH Debit)
Banking provided by Choice Financial Group: Member FDIC.
*Actual formula for calculating APY: If your balance is between $120,000 and $1 million (Fed Funds Rate – 0.2%) * 48%. If your balance is between $1million and $15 million, you would earn (Fed Funds Rate – 0.2%) * 65%. The above APYs represent a Fed Fund Rate of 4.5% and are true as of Dec 14, 2022.