Penelope Information

Most TPAs and Independent Recordkeepers are still running on software built before the internet and the original platform behind that infrastructure is being retired. They need a modern, scalable solution to drive growth into the future. We've built it. Meet Penelope. Penelope is API-first, cloud-native recordkeeping infrastructure designed specifically for TPAs, independent recordkeepers (IRKs), and advisors. We didn't start by building software and hoping it fit the business, we ran the recordkeeping business first. That experience taught us a hard truth: micro-plan economics only work when the software itself absorbs the service volume, without the headcount. That discipline is what became Penelope. What that means in practice: 🔹 API-first architecture — integrate in days, not months, with the tools and platforms you already use 🔹 SECURE 2.0 native — built for today's regulatory environment, not retrofitted for it 🔹 AI-powered operations & workflow automation — absorb service volume without absorbing headcount 🔹 SOC 2 certified — enterprise-grade security and compliance from day one 🔹 Intuitive UX — software your team and your clients actually want to use We exist to help independent recordkeepers and TPAs scale, cut operational costs, and improve the customer experience without compromising security, compliance, or service quality. The infrastructure retirement TPAs and IRKs have been waiting on isn't a maybe anymore. It's happening. We built Penelope to be the modern place the industry moves to next. Ready to leave legacy recordkeeping behind? Let's talk. → https://penelope.co/