Products September 23, 2003

WinTech Providing oPen's Calculation Engine

September 23, 2003 (PLANSPONSOR.com) - Winklevoss Technologies LLC has been tapped to provide the calculation component of ProFund Systems Inc's oPen pension software.
Reported by

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.  

More information about ProFund can be found at  www.profund.com .   Winklevoss information can be found at  www.winklevoss.com .

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