Broadridge Launches Platform to Improve Revenue Management and Drive
Asset Growth for Broker-Dealers
Financial Solutions (NYSE: BR) today announced a powerful suite of
financial analysis and reporting solutions that enable broker-dealers
to improve revenue management, monitor sales and asset trends across
products, and manage regulatory compliance. The SalesVision
Distribution Manager Platform transforms data into an actionable
business asset that can be utilized by a firm's sales, finance,
compliance and operations teams to strengthen their business processes
and drive growth.
(Logo: http://photos.prnewswire.com/prnh/20110920/MM71626LOGO )
The platform, powered by Access Data, a Broadridge company, is a
rules-based enterprise web solution that integrates sales and asset
data held internally, externally or directly with mutual funds,
offering unmatched transparency into sales across all products via a
single resource.
"SalesVision Distribution Manager broadens our relationship with
broker-dealers and builds upon Broadridge's long history of
partnership and innovation within the financial services industry,"
said
"As asset and sales data begins to be more effectively shared, the
relationship between brokerages and their fund partners will be
enhanced through improved transparency and oversight, to the benefit
of all."
The platform consists of three modules that are offered separately or
as an enterprise solution:
— Revenue Manager – improves and streamlines the calculation,
tracking, and generation of invoices, for both direct and indirect
revenue earned from various fund agreements across all of the
brokerage's business lines and distribution channels.
— Sales Manager – provides detailed analysis, tracking and reporting
of sales and asset trends by fund and product down to the office and
representative level for executive, product, marketing and sales
management.
— Compliance Manager – enables broker-dealers to monitor sales
activities and manage business risks by aggregating data to automate
fund surveillance, fee disclosure requirements and reporting, and Rule
22c-2 compliance.
This platform is the latest addition to Broadridge's Access Data
product suite, which provides enterprise data management, analysis and
reporting solutions to address challenges that asset managers-and now
broker-dealers-face in distribution assessment, compensation
management, compliance and risk management.
About Broadridge Broadridge is a technology services company focused
on global capital markets. Broadridge is the market leader enabling
secure and accurate processing of information for communications and
securities transactions among issuers, investors and financial
intermediaries. Broadridge builds the infrastructure that underpins
proxy services for over 90% of public companies and mutual funds in
equity trades per day; and saves companies billions annually through
its technology solutions. For more information about Broadridge,
please visit http://www.broadridge.com.
Media Contacts Linda Namias
Broadridge
+1-631-254-7711 +1-212-986-6667
linda.namias@broadridge.comnolan@braincomm.com
SOURCE Broadridge
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/Photo: http://photos.prnewswire.com/prnh/20110920/MM71626LOGO
PRN Photo Desk, photodesk@prnewswire.com
/Web Site: http://www.broadridge.com
(NYSE:BR) /
CO: Broadridge
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IN: FIN ECM CPR
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| Copyright: | (c) 2012 The Associated Press |
| Source: | Associated Press |
| Wordcount: | 480 |
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