ASC Interactive Timeline
44 Years of Innovation in Pension Administration
From Wang minicomputers to AI-powered solutions, discover how Actuarial Systems Corporation has continuously evolved to serve the retirement industry since 1981.
The Evolution of Excellence
Founded by Alan Cohen in 1981, ASC began with a simple Wang 2200 minicomputer and a vision to revolutionize pension administration. Today, we continue that legacy of innovation with cutting-edge AI technology and comprehensive web-based solutions.
ASC Founded with DB/DC Administration
ASC is founded by Alan Cohen, initially offering Defined Benefit and Defined Contribution administration and testing software. The first system ran on a Wang 2200 minicomputer, marking the beginning of four decades of pension administration innovation.
Alan Gould Joins to Guide Technology
Alan Gould joins ASC to guide technology development, bringing crucial technical expertise that would shape the company's technological direction for decades. This partnership established the foundation for ASC's continued innovation.
Niakwa NPL Migration to IBM PCs
Introduction of Niakwa NPL (Niakwa Programming Language) to migrate the Wang 2200-based software onto IBM PCs under DOS. The first ASC client running on Niakwa was implemented on a DEC VAX, marking the transition from proprietary Wang hardware to more flexible PC/mini-computer environments.
Compliance Testing & Money Manager Link
Release of the Compliance Testing module and Money Manager Link, expanding ASC's functionality during the 1990s modernization era. These tools demonstrated ASC's commitment to comprehensive pension administration solutions.
Daily Valuation Capability Introduced
Introduction of daily valuation capability, providing clients with more frequent and accurate portfolio assessments. This feature positioned ASC at the forefront of real-time pension administration technology.
Single Step Processing Automation
Automation features introduced with Single Step Processing for one-click workflows, dramatically improving efficiency and reducing manual intervention in pension administration tasks.
Gemini Web Portal Launch
Launch of the Gemini web portal for clients, marking ASC's move into web-based interfaces. This represented a significant technological leap from desktop applications to internet-accessible services.
ASC Institute (ASCi) Formation
Formation of ASC Institute (ASCi) focusing on plan document generation (DGEM) and ERISA consulting, expanding ASC's service offerings beyond software to comprehensive pension consulting.
Compliance Testing System Rewrite
Major rewrite of the Compliance Testing system from the legacy Niakwa language (NPL) to modern VB code, improving the Windows application performance and maintainability.
5500 Government Forms Software
Addition of the 5500 Government Forms software package, expanding compliance reporting capabilities and ensuring clients meet all federal reporting requirements.
Silver Support & Online Training Launch
Introduction of Silver Support service and online training/education for clients, highlighting ASC's commitment to strong customer support and continuous client education.
Client and Task Tracking (CATTS) System
Launch of Client and Task Tracking (CATTS) system, a comprehensive CRM/task management web tool that streamlined client relationship management and internal workflow processes.
Plan Sponsor Self-Service Feature
Debut of Plan Sponsor self-service compliance testing feature, empowering end-users and indicating a web-driven approach to client empowerment and automated service delivery.
ASC.NET Web Platform Deployment
Deployment of ASC.NET, a comprehensive web-based platform for ASC's software suite, reflecting a major technological shift to cloud/web architecture and modern user interfaces.
PensionPal CRM Acquisition
Acquisition of PensionPal CRM to broaden ASC's offerings, integrating advanced customer relationship management capabilities and expanding the company's technological ecosystem.
Defined Benefit System Modernization
Ongoing modernization of ASC's Defined Benefit valuation system, upgrading the last of legacy systems to modern technology platforms, ensuring continued reliability and performance.
Strategic Industry Partnerships
Development of strategic partnerships and integrations with major recordkeepers like Empower, Nationwide, and John Hancock via data Importer tools, showcasing industry collaboration and seamless data exchange capabilities.
ASC Solutions AI Chatbot Launch
Planned introduction of the ASC Solutions Chatbot, an AI-driven support and consultation tool to assist clients. This represents ASC's foray into artificial intelligence and future-facing technology, continuing four decades of innovation.
Star Support Excellence
Since launching our Silver Support service in 2010, ASC has maintained an unwavering commitment to exceptional customer service. Our comprehensive support includes online training, dedicated assistance, and continuous client education.
Online Training
Comprehensive education programs for all skill levels
Dedicated Support
Personal assistance from experienced professionals
Continuous Innovation
Always evolving to meet changing industry needs