Pittsburgh, PA (PRWEB) August 28, 2006
Access Data Corp., the leading provider of omnibus transparency solutions for the financial services industry, today announced that its SalesVision® software continues to gain momentum as a turn-key, outsourced solution for enterprise-wide sales and asset reporting. Access Data’s SalesVision®, a comprehensive, single vendor solution, provides clean, controlled and consistent asset and sales data aggregated from multiple financial intermediary platforms. Benefits include improved enterprise sales reporting, automated calculation and tracking of sales compensation, and ongoing monitoring of detailed trading activities.
Access Data also announced Julius Baer Investment Management LLC (JBIM) has selected SalesVision® software to better manage sales and asset reporting across its distribution channels. SalesVision will provide powerful technology tools for ad-hoc query of detailed information across all product lines -- including mutual funds and institutional accounts. As part of the SalesVision service solution, JBIM has also contracted with Access Data to provide Data Management services and will synchronize SalesVision® with existing CRM systems to provide a complete view of client sales activities and results.
“Access Data’s full service approach to enterprise reporting meets our business objective to provide our organization with accurate and meaningful sales and client data,” said Tony Williams, CEO of Julius Baer Investment Management LLC. “We like the fact that SalesVision enables us to leverage Access Data’s extensive experience in acquiring and aggregating detailed sub-accounting information from financial intermediaries. SalesVision also enables our organization to use this detailed information for multiple purposes.”
The majority of Access Data’s financial services clients have turned to SalesVision for sales reporting, 22c-2 compliance monitoring and compensation tracking because of its on-demand service features, data management capabilities, and multiple business application offering. SalesVision may also be acquired as an enterprise license and installed at the client site.
“We are pleased to add Julius Baer Investment Management LLC to the growing list of diversified, global financial services companies utilizing SalesVision for enterprise reporting,” said Chip Miller, Executive Vice President for Access Data. “We look forward to expanding our relationship and providing the necessary services to expand both their institutional and retail lines of business,” added Mr. Miller.
Access Data SalesVision is the only solution that aggregates and integrates omnibus sub-account activity and transfer agency information from all sources, across all sales channels—providing a unique business view to each user group within a mutual fund company. SalesVision provides a comprehensive storage, analysis and reporting solution for regulatory, financial and administrative management personnel -- all based on a common architecture and view of critical transaction information from multiple sources.
Today, SalesVision is used to protect, control and grow the businesses of leading mutual fund companies representing over $1 trillion in assets under management.
About Access Data Corp.
Access Data Corp. is the leading provider of omnibus transparency solutions for the mutual fund industry. Access Data SalesVision® is a web-delivered, on-demand application which solves the omnibus sub-account transparency issue for mutual fund companies, allowing them to protect, control and grow their businesses. Access Data ExchangeSM provides straight-through processing of mutual fund sub-account transaction data to help mutual fund companies and financial intermediaries meet SEC Rule 22c-2 requirements. Access Data Professional Services has enabled the world’s leading financial services companies to re-engineer business processes, launch new technologies, and create powerful management tools more efficiently, delivering increased profits, reduced costs and strengthened customer relationships. Access Enterprise Solutions provides expertise to cost-effectively support, upgrade and implement ERP solutions. Access Managed Services manages software, hardware and networks in its secure data center to host client applications, reduce costs and provide back-up and recovery services. To learn more, visit http://www.accessdc.com or call 1-888-799-1744.
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