Under contract terms, Winklevoss unit WinTech’s ProAdmin software will power the US oPen system benefit calculation component. To date, the oPen software system has been installed at over 40 customer sites, according to a news release.
This comes at a time when ProFund System is marketing directly to third party administrators (TPAs) and plan sponsors under its oPen brand. To date ProFund Systems has an installed base of over 350 clients worldwide of which 73 are TPAs.
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