2019 Winner Profile

Ascensus

Project Description:
Some U.S. states are helping bridge the retirement-savings gap with direct-deposit, auto-IRA programs for employees who don't have a workplace-sponsored plan. Within two months of receiving an RFP from the state of Oregon, Ascensus responded with two functioning demo platforms. Today, among other functions, the system provides full-service account recordkeeping, automates the investment of assets, and allows employees to track their retirement savings and modify account preferences. All told, nearly 50,000 individuals and over 2,500 employers participate. Other states, including California and Illinois, now offer these IRAs.
Business Goal:
Strategic Impact
CIO:
John Schroeder
CEO:
Robert Guillocheau
Headquarters:
Dresher, Pennsylvania
Industry:
Financial services
Website:
https://www2.ascensus.com/
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