Technology for Credits & Incentives

Transcription

1 Technology for Credits & Incentives FACT SHEET March 2017 Platform Processing Marketplace

2 The OIX is the only provider of integrated technology solutions for tax credit management, processing and monetization. The tax credit industry is antiquated: Still a manual approach to managing multiple credit types across multiple jurisdictions Cumbersome collaboration between principals, intercompany stake holders, lenders, and government agencies Opaque broker-driven market for monetization The OIX offers a secure state-of-the-art Tax Credit Management & Processing System: Comprehensive portfolio management & analytics Dynamic processing capabilities Real-time collaborative tools Centralized encrypted document storage Complete 24/7 support to help manage every aspect of your tax credit needs Our Marketplace provides centralized liquidity, standardization and traditional market dynamics: Controlled marketplace to monetize credits using price discovery to ensure best price Access to real-time market data and information Automated processes Full execution services if needed See how it works and our FAQs 1

3 OIX software systems, multi-tenant platform and our centralized marketplace are designed to make the process of managing and monetizing tax credits simple. Comprehensive solutions engineered to solve problems Tax Credit Management Sharing & Collaboration Centralized Marketplace Alerts & Notifications Analytics Intercompany Communication Automated Processing Calendar & Event Tracker Document Indexing Workflow Tools Real-time Information Data & Reporting MANAGEMENT & PROCESSING SaaS OIX MARKETPLACE Exchange RESOURCES & NETWORK Platform Tax Credit Management System Transparency Market Data & Analytics Sharing & Collaboration Tools Efficiency Tax Incentive Program Database Customizable Workflow Tools Price Discovery Network of Service Providers Harvest Credits Tools Centralized Marketplace & Inventory Customizable Notifications Inter-company Communication Standardized Processes Gov Agency Guide Multiple Admin Users Principal-to-Principal Transactions Whitepapers & Reports Flexible Permission Levels Full-service Execution Services Newswire Customer/Biz Unit Management Technology Enabled Processing Systems Support & Training Portfolio & Forecasting Tools Single & Multi-Year Credit Streams Data & Reports Document Indexing Automated Closing Processes Documentation Review Calendar Integration Best Price & Ease of Use Tax Credit Financing Private platform (optional) Lowest Cost Solution (no fees to buyer) OIX Advisory Services 2

4 Credits & Incentives Management & Processing Systems Leverage OIX cloud-based technology to manage all aspects of tax credit generation, utilization and/or monetization. Manage any type of credit & incentive generated anywhere in the world Transferable Refundable / Rebate / Grant US / International Allocated / Federal Statutory / Negotiated Flexibility / Customization CREDITS & INCENTIVES MANAGEMENT SYSTEM Invite collaborators and share specific credits with third parties, or manage multiple business units through a centralized dashboard. Aggregated analytics around shared credits SHARING & COLLABORATION 3

5 Customizable Tools at your Fingertips Create a customizable library with OIX Workflow Tools to manage your unique internal processes. Monitor process in real-time, tag documents to tasks, add comments/notes, and share information with collaborators Document Indexing, Comments/Notes, Audit trail WORKFLOW to track real-time processes Doc Repository with version management Visualization, alerts & reminder functionality with OIX Calendar & Event Tracker, and process credits utilized internally with OIX Harvest Tools. CALENDAR & EVENT TRACKER HARVEST 4

6 Creating a modern day financial market Previously the process to buy, sell or monetize tax credits has been opaque, fragmented and inefficient, and the participants have been flying blind. The OIX revolutionizes the process by introducing traditional market dynamics and modern day technology to improve the way businesses and taxpayers buy, sell or monetize tax credits. We ve democratized access and standardized the process, and taxpayers of all kinds can access this market and opportunity with best practices and ease-of-use. The OIX offers tailored solutions for your organization, and the lowest or no-cost service to transact in US state transferable tax credits on the OIX Marketplace (and in 2017 as we introduce state & federal partnership credits). Participate in the community and leverage OIX solutions. Open an OIX Account 5

7 The OIX Marketplace Transact on the OIX Marketplace with confidence and ease Learn More Access to real time incentive program information, market data and pricing Buy/sell/monetize tax credits in a transparent environment and allow market dynamics to produce best price OIX handles escrow of funds, clearing, documentation and state transfer process from A-Z OIX Customer Assist For General Members or DMA we ll handle the process for you Buy or Sell with ease through our support team Track & Monitor Real-time Status Learn More Community of OIX participants are vetted and qualified OIX underwrites and performs due diligence on all credits OIX handles escrow, clearing and the transfer process All data on the platform is secure & encrypted Voluntary visibility or anonymity on the Marketplace 6

8 Buying Credits on the OIX OIX provides buyers with turn-key solutions to purchase credits on the OIX Marketplace on behalf of your business, multiple business units, or when representing third parties as an intermediary or broker. Purchase credits for 1 or multiple parties Allocate Specific Increments Automated Closing Processes You (and/or your clients) receive confirm and manage doc execution and payment directly Never fees to buy on the OIX Intermediaries & Brokers charging fees to their clients at their discretion BID MANAGEMENT System Monitor the step-by-step OIX clearing process, execute purchase agreement, arrange payment and access all closing docs in a centralized repository. TRANSACTION CLOSING PROCESS SYSTEMS AUTOMATED DOC EXECUTION (esign or physical) 7

9 Pre-Selling Credits Secure commitments for credits certified in the future... Post for sale credits that will be certified upon project completion/audit Sellers: lock in a buyer commitment Pre-Sale Activity Credits on this section of the OIX Marketplace are offered by sellers who are looking to secure a buyer s commitment for credits that will be earned in the future. Terms and conditions are memorialized through a Purchase & Sale Agreement, and payment for credits occurs only once the credits have been certified by the issuing agency and are in a posture to be claimed on a taxpayers returns. Buyers: lock in credit inventory Cash settlement once credits are certified and in a posture to be claimed by a taxpayer Deal terms determined by buyer/seller MULTI-YEAR CREDITS The OIX Marketplace provides opportunities to buyers & sellers for credits that vest over multiple years. Seller secures commitments, and buyers secure a predictable stream of credits to maximize treasury planning. US States with transferable credits 8

10 OIX Advisors OIX Advisors is a service provider exclusively catering to the entertainment industry specializing in the acquisition and administration of production incentives. We handle the process from application through certification and monetization utilizing breakthrough technology and collaboration tools to track and manage the process with anyone inside or outside of your organization. Our team has administered over $1B of production incentives, and our experience with domestic and international production incentives is simply unmatched. We do the work, you get the credit Collaboration enabled Real-time Workflow Engaged by Producers and/or Banks/Lenders US and Foreign Production Incentives Leverage OIX s Sharing & Workflow Tools Real-time Collaborative Tracking Share Incentive Status with Banks/Financiers Document Repository & Access Permissioning Automated Reporting Systems Calendar & Timeline Monitoring Work w/gov Agencies for Compliance Assist with Audit Process Facilitate Incentive Certification Monetize on the OIX Marketplace (when applicable) Learn More 9

11 OIX Resources The OIX Incentive Program Guide provides answers Proprietary, real-time updated database of all US monetizable tax credit & incentive programs Transferable / Refundable / Rebates International Production Incentive Guide US Federal coming soon Details, Statutes, Rules & Regs Gov Agency Quick Links Resource Center Service Provider Network Newswire & Whitepapers Gov Agencies & Info Monitoring & Alerts CPAs Advisory Legal Financing Curated C&I Info Legislative Updates OIX & Third Party Content Administrative TC Program Guidelines Transfer & Harvest Rules Program Data Customized Activity Filters Actions to Take Market Conditions Learn More 10

12 Technical & Security The OIX platform leverages the industry s top enterprise solutions for data and document security, reliability and performance. Data / Network Security Application AWS EC2: All data in transit is done over SSL Authentication via the Tank Auth library (of PHP Framework CodeIgniter) Password encryption Database AWS RDS Service: Data stored at rest is encrypted Automated backups are encrypted Read replicas are encrypted Snapshots are encrypted Secure, permissioned access and user management via AWS IAM Document Security Document Storage Box.com API: Systems integration via Box s JSON Web Token (JWT) web service In transfer with high-grade TLS Multi-layered encryption at rest with 256-bit AES Document Digital Signing DocuSign API: Systems integration via DocuSign s esignature REST API Documents served over HTTPS and documents stored in DocuSign are encrypted using AES-256 ISO 27001:2013 and SSAE 16, SOC 1 Type 2, SOC 2 Type 2 certified and tested internationally OIX security & encryption systems are best in class OIX security & encryption detail Learn More 11

13 Accounts & Pricing OIX MEMBERSHIP FEES (platform access) Free of charge Learn more CREDITS & INCENTIVES PROCESSING & MARKETPLACE FEES Usage-based model calculated on credits & incentives that you process in your system and/or monetize on the OIX Marketplace. Fees incurred based only on the features that you use. DMA Members Processing State Transferable Credits OIX Marketplace = 100 basis points Processing all other credits & incentives in your system = 10 basis points No fees to buy credits on the OIX Marketplace GENERAL Members Selling credits on the OIX through Customer Assist = Bps (for credits over/under $1M) Minimum transactional processing fee on the OIX Marketplace = $10,000 OTHER OPTIONS Contact us to market on the OIX Platform by way of a Service Provider Portal and promote professional C&I services, or if you would like to acquire a turn-key and white-label private Platform to interface internally and/or with your customers. 12

14 Main: (855) INFO-OIX Membership: (310) Los Angeles, New York, Atlanta, Boston