PolySystems, Inc. was founded in 1970 to respond to a need for commercial actuarial applications for the insurance industry. Initially, service was provided via a timesharing arrangement. In the mid 1980's, Roger Smith and Tom Herget took over as owners of the corporation. They implemented a plan to expand PolySystems' products and services. By the end of the decade, PolySystems began delivering the first PC based systems. Today, PolySystems is the leader in valuation and financial reporting software.