Ascensus Partners with Harland Financial Solutions for Integrated IRA Solution

DRESHER, Pa. - Feb. 7, 2014 - PRLog -- Ascensus is pleased to announce the release of its integrated IRA solution – the IRA Service Center express. This solution unites Ascensus’ premiere forms generation solution—the IRA Service Center™—and Harland Financial Solutions UltraData® Enterprise Core solution.

Ascensus has invested significant resources to improve IRA transaction processing and improve our clients’ experience. This integration is a result of the joint effort between Ascensus and Harland Financial Solutions to provide quick processing of IRA transactions and eliminate dual entry. Transactional errors are significantly reduced along with the number of keystrokes. By understanding our clients’ needs, Ascensus can provide relevant products and services that alleviate pain points associated with complex IRA transactions.

The Credit Union of Texas participated in the beta testing phase of the project. As Gaye Meyer of the Credit Union of Texas states, “The Ascensus group has just taken a wonderful product to the next level. The IRA Service Center has always been a wonderful product, producing all the appropriate IRA forms for each type of transaction. Now we can post the transaction at the same time and eliminate duplicating each step in the new and improved IRA Service Center. No more going back and forth between creating forms and posting of transactions—everything is done is one easy step.”

According to Steve Christenson, Executive Vice President at Ascensus, “Building this bridge with UltraData Enterprise—one of the key credit union solutions in the country—creates a much better experience for our mutual clients. With our new express connection, credit union representatives save time during IRA transactions while strengthening their compliance needs.”

About Ascensus

Ascensus is the largest independent retirement and college savings services provider in the United States, helping 6 million Americans save for the future. With more than 30 years of experience, the firm partners with financial institutions to offer tailored solutions that meet the needs of financial professionals, employers, and individuals. Ascensus specializes in recordkeeping, administrative, and program management services, supporting over 43,000 retirement plans and 2.8 million 529 college savings accounts. It also administers more than 1.5 million IRAs and health savings accounts. For more information, visit www.ascensus.com.