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Company
Profile
Trust Service Company, Inc. (TSC) began
in 1982 to provide trust and employee benefit software for banks,
insurance companies, third party administrators, brokerage firms,
private employers, and others needing asset management and retirement
benefits recordkeeping systems.
Company founders had extensive experience in
operating a third-party administration firm, one of the first to
apply individual participant-directed, daily valuation record- keeping
services for retirement plan administration. The direction of TSC
was to create both a trust system and an individual participant
recordkeeping system to serve the needs of personal, corporate and
employee benefit trust specialists. The family of products that
emerged all have an annual release of state-of-the-art enhancements
and regulatory updates.
TSC markets its products to customers using
IBM iSeries servers and those who wish to operate in an Application
Service Provider (ASP) environment. The IBM iSeries server
meets the needs of small user operations or larger environments
which need to drive several hundred workstations on-line. TSC applications
will operate in a local area network or client/server environment
when there is an IBM ISeries server on the network. Alternatively,
TSC offers an ASP environment that outsources the customer's need
to provide the computer systems. This is an ideal environment
for small to medium size TPAs who need to move to a daily valuation
environment or provide their customers with internet access, but
lack the resources to commit to capital expenditures for hardware
and software.
TSC has both personal and employee benefit trust
specialists. They provide shelf-ready software, consulting, conversion,
interface, custom programming, and a lot of handholding. In 1988
Trust Service Company was selected to be an IBM Business Partner
and is currently a member of their Partners In Development program.
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