Ascensus College Savings, Formerly Upromise Investments, Implements Envision Financial System’s PowerAgent Recordkeeping System

Share Article

Envision’s PowerAgent shareholder accounting system and application hosting services to support Ascensus Unite platform.

Envision Financial Systems, Inc., a leading provider of real-time technology solutions to the mutual fund and college savings plan industries, today announced that Ascensus College Savings Recordkeeping Services, LLC and its affiliates (“Ascensus College Savings”), will use the PowerAgent 529 participant recordkeeping system and its application hosting services to support their advisor-sold 529 savings plan business.

Ascensus College Savings is the nation’s largest independent college savings plan service provider providing services to 31 college savings plans across the country. Ascensus College Savings recently reviewed the recordkeeping technology market space and determined that Envision’s PowerAgent 529 savings participant recordkeeping system was the ideal technology platform to work in unison with its proprietary system, Unite, to support its 529 plans, sold through financial advisors.

“Envision and their PowerAgent 529 recordkeeping system are ideal solutions for our advisor-sold business” says Kevin Cox, Chief Operating Officer of Ascensus. “Envision’s core value of listening to its clients and adapting its technology to meet its clients business challenges supports our continued focus on driving product innovation within the College Savings market. The open, flexible and customizable nature of PowerAgent is an ideal complement to Unite, our proprietary recordkeeping platform designed exclusively for the 529 college savings plan market. We feel that by integrating with the back-office functionality of the PowerAgent system, Unite is strongly positioned as the gold standard platform solution in the advisor-sold college savings plan market.”

“We are very pleased that Ascensus College Savings is teaming with Envision to support its advisor-sold business” says Brian Jones, Executive Vice President of Envision. “Ascensus College Savings became the largest provider of program management and administration by bringing new ideas to the 529 market. Using PowerAgent in conjunction with its Unite platform will allow Ascensus College Savings to support their current business needs, as well as position themselves to continue driving innovation in the college savings plan market.”

The PowerAgent 529 participant recordkeeping system supports both direct and advisor-sold 529 plans. The PowerAgent 529 technology has integrated workflow and imaging; internet inquiry, trading and e-delivery. Using real-time open industry standard technology, configurable business rules, and a customer-centric interface, clients have significantly increased efficiency and service quality. Envision’s products enable 529 Program Managers and service providers to optimize productivity and increase customer satisfaction by allowing them to control and customize their business processes.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

John Gray
Envision Financial Systems, Inc.

Follow us on
Visit website