The Evolution of Trust: ASC Over Time
Four Decades of Innovation in Retirement Software
From Wang minicomputers to AI-powered solutions, explore ASC's journey of technological evolution and unwavering commitment to excellence in retirement software.
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1980's
ASC Founded with Pioneering Vision
Alan Cohen establishes Actuarial Systems Corporation, developing innovative pension administration software on Wang 2200 minicomputers. Starting with Defined Benefit and Defined Contribution administration, ASC begins its mission to modernize retirement plan management.
Technologies:
Key Achievements
- •First pension software on Wang platform
- •DB/DC administration foundation
Strategic Leadership Addition
Alan Gould joins ASC to guide technological development, bringing critical expertise in software architecture and system design. This partnership establishes the foundation for ASC's future innovations.
Key Achievements
- •Technical leadership established
- •Software architecture foundation
Revolutionary Platform Migration
ASC successfully deploys its first client on Niakwa NPL (Niakwa Programming Language), marking the crucial transition from proprietary Wang hardware to flexible PC/mini-computer environments. First implementation runs on DEC VAX systems.
Technologies:
Key Achievements
- •First Niakwa client deployment
- •Hardware independence achieved
1990's
Compliance Testing & Money Manager Launch
Introduction of comprehensive Compliance Testing module and Money Manager Link, expanding ASC's functionality during the critical 1990s growth period. These tools establish ASC as a complete solution provider.
Technologies:
Key Achievements
- •Compliance Testing module
- •Money Manager integration
Daily Valuation Capability
Revolutionary daily valuation feature introduced, allowing real-time plan monitoring and enhanced participant services. This advancement positions ASC ahead of industry standards.
Key Achievements
- •Real-time valuation processing
- •Enhanced participant services
2000's
Single Step Processing Automation
Launch of groundbreaking automation features including Single Step Processing, enabling one-click workflows that dramatically improve operational efficiency and reduce processing time.
Technologies:
Key Achievements
- •Single Step Processing
- •Workflow automation
Gemini Web Portal Revolution
ASC enters the web era with the launch of Gemini, a comprehensive web portal for clients. This marks ASC's strategic move into web-based interfaces and modern user experiences.
Technologies:
Key Achievements
- •First web-based client portal
- •Modern interface design
ASC Institute (ASCi) Established
Formation of ASC Institute focusing on plan document generation (DGEM) and ERISA consulting services, expanding ASC's expertise beyond software into comprehensive consulting services.
Technologies:
Key Achievements
- •ASC Institute formation
- •DGEM plan documents
- •ERISA consulting
Major System Modernization
Complete rewrite of Compliance Testing system from legacy Niakwa NPL to modern VB.NET, representing a major technological leap and improved Windows application performance.
Technologies:
Key Achievements
- •Legacy system modernization
- •Performance improvements
5500 Government Forms Integration
Addition of comprehensive 5500 Government Forms software package, expanding compliance reporting capabilities and ensuring clients meet all federal requirements seamlessly.
Key Achievements
- •5500 Forms automation
- •Government compliance
2010's
Silver Support & Education Launch
Introduction of premium Silver Support service and online training/education programs for clients, highlighting ASC's commitment to exceptional customer service and client empowerment.
Key Achievements
- •Premium support tier
- •Online client training
- •Educational resources
CATTS CRM System Debut
Launch of Client and Task Tracking System (CATTS), a comprehensive CRM and task management web tool that streamlines client relationship management and project tracking.
Technologies:
Key Achievements
- •CATTS CRM deployment
- •Client relationship automation
Plan Sponsor Self-Service Portal
Debut of innovative Plan Sponsor self-service compliance testing feature, empowering end-users with direct access to testing capabilities and reflecting ASC's web-driven approach.
Technologies:
Key Achievements
- •Client self-service capabilities
- •Compliance testing automation
ASC.NET Platform & PensionPal Acquisition
Major milestone with the deployment of ASC.NET, a comprehensive web-based platform for ASC's entire software suite, coupled with the strategic acquisition of PensionPal CRM to broaden service offerings.
Technologies:
Key Achievements
- •Complete web platform deployment
- •PensionPal CRM acquisition
- •Cloud transition
Ongoing Digital Transformation
Continuous modernization of ASC's Defined Benefit valuation system, upgrading the last legacy components to cutting-edge technology. Strategic partnerships with major recordkeepers like Empower, Nationwide, and John Hancock through advanced data integration tools.
Technologies:
Key Achievements
- •DB system modernization
- •Major recordkeeper integrations
- •Industry partnerships
2020's
ASC Solutions AI Chatbot
Introduction of the innovative ASC Solutions Chatbot, an AI-driven support and consultation tool designed to assist clients with intelligent, 24/7 automated support. This represents ASC's bold entry into artificial intelligence and future-facing technology solutions.
Technologies:
Key Achievements
- •AI-powered client support
- •Intelligent automation
- •Future technology adoption
The Journey Continues
From Wang minicomputers to AI-powered solutions, ASC has consistently evolved with technology while maintaining our core mission: providing exceptional retirement software solutions. Our commitment to innovation and client success drives us forward into the future.