Broadridge Adds Mutual Funds Sales Tracking Suite

Technology services provider Broadridge Financial Solutions has unveiled its SalesVision Distribution Manager platform, which is a new suite of financial analysis and reporting solutions for broker-dealers.

The platform will provide solutions for revenue management, sales and asset trend monitoring, and regulatory compliance specifically geared towards their relationships with mutual funds.

SalesVision, which will be powered by Broadridge's AccessData, is set to be rules-based and will achieve integration and greater transparency into sales and asset data held internally, externally, or directly with funds. Within the suite, Broadridge will offer three manager modules─revenue for streamlined invoicing, sales tracking, and compliance monitoring─which will be available separately or together as an enterprise solution.

"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. 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," says Gerard Scavelli, president of mutual fund solutions at Broadridge.