Technology-services company Broadridge Financial Solutions has announced the release of a new suite of financial analysis and reporting solutions designed to help broker-dealers 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. 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.

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 (redemption fees for redeemable securities).

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.