Escolar Documentos
Profissional Documentos
Cultura Documentos
Advantage 2005
Introductions
Schwab Retirement Technologies
Kris Studioso
Director ASP Operations
Trent Wilson
Vice President Schwab Technology
Session Overview
What is it? Why would an ASP benefit you? Software Technology Closing Remarks Q&A
What is an ASP?
Application Service Provider (ASP) is a third-party entity that manages and distributes software-based services and solutions to customers across a wide area network from a central data center
Why ASP?
SelfContained Customer
ASP
Customer
Move towards outsourcing technology and Recordkeeping Provide solution to meet Plan Administrators needs Part of broader value proposition
Recordkeeping
Recordkeeping
Recordkeeping
Technology
Technology
Technology
CONTINUUM
OUTSOURCE IN-HOUSE CORE COMPETENCY
Software applications and hardware centrally located and managed Priced per participant You maintain operational control and your client relationships
Leverage the power of Schwabs infrastructure Leverage economies of scale to control costs Predictably plan expenses Focus on core competencies
Trading
Schwab trading platform Other trading platforms
Reporting
Full Crystal
Centralized Administration
Recordkeeping
Voice
Web
Statements
Scicom Extract & e-statements Newkirk Extract Print on-site
Call Center
What is an ASP?
Admin User
Citrix Gateway
CSR
Schwab RT ASP
Is Schwab Retirement
Technologies ASP Solution
Charles Schwab Corporate Services (SCS) provides services to retirement plan sponsors and participants through Charles Schwab & Co., Inc.., The Charles Schwab Trust Company (CSTC), Schwab Retirement Plan Services, Inc. and Schwab Retirement Technologies, Inc. (Schwab RT). SCS also provides equity compensation plan services and other financial and retirement services to corporations and executives. These entities are affiliates of each other and are wholly owned subsidiaries of The Charles Schwab Corporation.