LAKE SUCCESS, N.Y.--(BUSINESS WIRE)--
Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that for
the first time issuers of Exchange Trade Funds (ETF) are able to gain a
solid understanding of how financial intermediaries are using ETF
products through its Access Data SalesVision® Distribution
Platform.
The introduction of Market Intelligence, a new and unique module,
provides ETF managers with previously unattainable levels of data
transparency across all distribution channels. It combines this data
with innovative analytic tools from Access Data SalesVision, including
dashboards for asset flow changes, trend analysis and peer comparisons.
SalesVision is an industry-leading enterprise reporting and data
management platform used by asset management firms and financial
intermediaries for more than ten years.
“ETF managers are now able to assess their relative market position and
view asset positions and flows across all distributors,” said Gerard
Scavelli, President, Mutual Fund Solutions, Broadridge. “In the same way
Access Data SalesVision provides transparency for mutual funds, it now
offers ETF issuers the technology tools to effectively focus their sales
and service resources,” he added.
ETF providers can compare and contrast asset flows against similar
products by investment category across all distribution channels,
including independent broker dealers, registered investment advisory
firms, retail supermarkets, retirement platforms, clearing firms and
custodians. Distributor asset positions and flows are further broken
down to local office locations with comparisons against industry flows.
Market information includes such unique data as average account size by
office location, market share for executing firms trading with financial
supermarkets and market share by product categories.
About Broadridge
Broadridge (NYSE: BR) 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 North America;
processes more than $3 trillion in fixed-income and equity trades per
day; and saves companies billions annually through its technology
solutions. For more information about Broadridge, please visit www.broadridge.com.
About Access Data
Access Data Corp., a Broadridge Company, is a leader in enterprise data
management, analysis and reporting for the financial services industry.
Today over 50 leading asset management firms and financial
intermediaries utilize Access Data’s proprietary technology and services
to gain visibility into how sales and assets are generated and address a
myriad of challenges in distribution, compensation management and
compliance and risk management. Access Data’s flagship product, Access
Data SalesVision® provides comprehensive storage and analysis
solutions, delivering web-based reporting as Software as a Service.
Source: Broadridge Financial Solutions, Inc.