What Winklevoss Technologies does

Winklevoss Technologies (rebranding to WinTech) is a US-based provider of pension valuation and administration software founded in 1987 and headquartered in Greenwich, Connecticut, with a founder-led operating history under Dr. Howard Winklevoss. The company targets pension professionals across four primary segments: pension actuaries, investment consultants, plan sponsors/pension funds, and pension administrators, plus the insurance/pension risk transfer market. It claims the position of "#1 Software for Pension Professionals" in its marketing and reports thousands of users across more than 30 countries, with localized presence in the United States, Canada, and Germany.

The company's product platform consists of two proprietary systems: ProVal, a pension valuation and forecasting tool that performs actuarial valuations, contribution and expense development, deterministic and stochastic forecasting, gain/loss analysis, experience studies, asset-liability modeling, liability-driven investing (LDI) strategies, and DC compliance testing (ADP/ACP, coverage, HCE/NHCE, true-up, and QNEC calculations); and ProAdmin, a pension administration system that handles benefit calculations, forms and letters generation, and pension risk transfer modeling without requiring programming. Both products are built and supported by an in-house team of actuaries who serve as developers, testers, designers, and support staff, with emphasis on calculation accuracy, built-in safeguards against error, and integration with third-party administration systems.

The business operates a direct enterprise field-sales motion requiring demonstrations before purchase, supplemented by website-driven lead capture and a dedicated sales line. Revenue is generated primarily through annual or multi-year software licenses for ProVal and ProAdmin, with additional fee-based training services and ongoing technical support bundled or sold alongside the license. Pricing is custom-quoted based on organization size and needs and is not publicly disclosed. The company is privately held with no disclosed outside investors, parent entity, or public listing, and maintains separate support, sales, and billing functions from its Greenwich headquarters.

Name

Winklevoss Technologies

Legal name

WinTech

Website

https://winklevoss.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

11–50 employees

Short description

Winklevoss Technologies (rebranding to WinTech) provides ProVal and ProAdmin proprietary pension valuation and administration software to pension actuaries, plan sponsors, administrators, and insurers across 30+ countries, with thousands of users on subscription-based enterprise licenses since 1987.

Ownership category

akta.pro rank

Headquarters

HQ city

Greenwich

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Software Licenses/Subscriptions: Annual or multi-year software licenses for ProVal and ProAdmin products. Subscription-based model providing ongoing access to valuation and administration tools along with updates, support, and training resources.
2. Training Services: Fee-based training programs for ProVal and ProAdmin users, including structured training sessions and knowledge base access.
3. Technical Support: Technical support services including phone support, online request support, and back office support provided as part of or alongside software licensing.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Winklevoss Technologies (WinTech) develops and sells proprietary pension valuation and administration software for pension professionals. Its two flagship products are ProVal, a pension valuation and forecasting platform used by actuaries for deterministic and stochastic projections, gain/loss analysis, asset-liability modeling, LDI strategies, and DC compliance testing, and ProAdmin, a pension administration system enabling benefit calculations, forms and letters generation, and detailed payout projections without programming. The software is licensed on an annual or multi-year subscription basis to pension actuaries, plan sponsors, pension administrators, investment consultants, and insurance companies across 30+ countries.

Product overview

WinTech offers a dual-product platform for pension valuation and administration. The core products are ProVal (pension valuation software) and ProAdmin (pension administration system). ProVal handles actuarial calculations, forecasting, and reporting, while ProAdmin manages ongoing pension plan administration tasks. Both products work together, with ProAdmin able to deploy extra resources from the ProVal team as needed.

Differentiator

Problem solved

Functional benefit

Brands

• ProVal: Pension valuation software for actuaries, featuring actuarial valuations, contribution & expense development, data preparation, report writing, deterministic & stochastic forecasting, and gain/loss analysis.
• ProAdmin

Products and services

• ProVal ProVal is pension valuation and forecasting software for actuaries. It supports actuarial valuations, contribution and expense development, data preparation, report writing, deterministic and stochastic forecasting, gain/loss analysis, experience studies, asset-liability modeling, LDI strategies and glide paths, asset allocation studies, and DC compliance testing (ADP/ACP, true-up, QNEC, HCE/NHCE determination). It is targeted at pension actuaries, investment consultants, plan sponsors, and insurance companies involved in pension risk transfer.
• ProAdmin ProAdmin is a pension administration system (PAS) that enables benefit calculations, forms and letters generation, full pension administration, desktop modeling, and detailed benefits and payout projections without requiring programming. It is targeted at pension administrators, plan sponsors, and insurance companies engaged in pension risk transfer, and integrates with any pension administration system.

Quantifiable outcome

• Trusted by thousands of pension professionals globally in 30+ countries
• +1 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Scale indicators4 records

Recent moves4 records

Expansion highlights4 records

Broad incumbents

• ADP: ADP's Retirement Services and benefits administration platform serves overlapping employer/plan-sponsor customers, addressing retirement plan compliance, recordkeeping, and administration needs that intersect with WinTech's DC compliance and administration modules.
• Mercer: Mercer provides pension actuarial and administration services alongside proprietary tools for valuation, LDI, and risk transfer, addressing the same enterprise pension professional audience as WinTech.
• FIS: FIS (via Relius and former SunGard pension solutions) provides pension administration and valuation software to similar enterprise customers, including plan sponsors and insurance companies, competing directly with ProVal/ProAdmin in the US market.
• Aon: Aon's Retirement Solutions combine actuarial consulting with proprietary software for pension valuations and risk transfer pricing, serving the same pension-actuary, plan-sponsor, and insurance-PRT buyer base as WinTech.
• Empower Retirement: Empower is a major US retirement plan recordkeeper and administrator serving similar plan sponsor and participant audiences, with overlapping scope in DC plan administration and compliance testing that competes with WinTech's value proposition.
• Wolters Kluwer: Wolters Kluwer's OneSumX for Pension and Benefits Administration is a direct competitor in the pension actuarial and administration software market, serving similar plan sponsors and insurance/annuity providers with comparable regulatory calculation depth.

Direct peers

• Milliman: Milliman is an actuarial consulting firm that develops and licenses its own pension valuation tools (e.g., MG-ALFA, MG-Tracer), competing head-to-head with WinTech's ProVal among large pension actuaries and plan sponsors globally.

Regional players

• Alerus Financial: Alerus offers retirement plan administration, recordkeeping, and benefits outsourcing primarily to US plan sponsors, competing with WinTech's ProAdmin and DC compliance capabilities in the employer-sponsored retirement market.
• BPAS: BPAS (Benefit Plan Administrative Services) administers defined benefit and defined contribution plans for US plan sponsors, overlapping with WinTech's pension administration value proposition and actuarial-support tooling.

Emerging players

• Sagitec Solutions: Sagitec provides pension administration software to public-sector and corporate plan sponsors, competing in the same pension administration niche as WinTech's ProAdmin and serving an overlapping pension professional buyer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Winklevoss Technologies