Mellon Financial's Institutional Funds Select Access Data SalesVision for 22C-2 Solution

Access Data Corp., the leading provider of enterprise reporting and data management services for the financial services industry, today announced that Mellon Institutional Funds have selected Access Data SalesVision to monitor detailed shareholder trading activity in order to detect trading irregularities.

Pittsburgh (PRWEB) April 4, 2007 -- Access Data Corp., the leading provider of enterprise reporting and data management services for the financial services industry, today announced that Mellon Institutional Funds have selected Access Data SalesVision to monitor detailed shareholder trading activity in order to detect trading irregularities. Mellon Institutional Funds will utilize SalesVision's online, on-demand 22c-2 offering, which includes use of multiple 22c-2 shareholder compliance rule sets; technical and operational data stewardship for account and transaction shareholder data; and Access Data Exchange (AccessDXSM), to provide Mellon with connectivity to financial intermediary platforms and the DTCC SDR interface.

"With Access Data's 22c-2 compliance solution, we know we are getting a proven product offering from an experienced company that understands our business," said Scott Wennerholm, Chief Operating Officer for Mellon Asset Management. "Our decision to go with Access Data was influenced by the on-demand service approach they offer, as well as their experience working with other large, diversified financial services firms like Mellon," added Mr. Wennerholm.

Financial services firms such as Mellon have turned to SalesVision for 22c-2 compliance because of its leading edge technology, flexible architecture and on-demand service approach. "It is gratifying that one of the largest asset management firms in the country has placed its trust in Access Data to provide 22c-2 solutions," said Dan Cwenar, President and Chief Operating Officer for Access Data. "We are excited to work with Mellon and look forward to expanding our business relationship in the future," added Mr. Cwenar.

Access Data SalesVision provides a comprehensive storage, analysis, and reporting solution for regulatory, financial and administrative management personnel. The SalesVision suite of business applications includes Shareholder Compliance (22c-2), Sales Reporting, Compensation Tracking for internal wholesalers and external distributors, CRM Data Integration and Business Intelligence tools. Today, SalesVision is used to protect, control and grow the businesses of leading mutual fund companies representing over $1.5 trillion in assets under management.

Access Data also offers leading financial services firms a proprietary shareholder transaction data exchange network, (AccessDXSM), to provide straight through processing of detailed shareholder data among mutual fund companies and financial intermediaries. Utilizing Access Data's proven process for rapid data interface development, combined with proprietary data workflow technology, AccessDX connects a broad network of intermediary sub-account platforms to its SalesVision suite of applications.

About Access Data Corp.
Access Data Corp. is the leading provider of enterprise reporting and data management services for mutual fund companies and financial intermediaries. Access Data's flagship product, SalesVision, provides financial services firms with a comprehensive storage, analysis, and enterprise reporting solution for compliance, finance and sales management. The SalesVision suite of business applications includes Shareholder Compliance (22c-2), Sales Reporting, and Compensation Tracking for internal wholesalers and external distributors. Access Data has rapidly established a leadership position in the financial services industry with its on-demand service features, unique data management capabilities, and enterprise shareholder reporting offering. Today, financial services firms representing over $1.5 trillion in assets under management are benefiting from Access Data's solutions and services. To learn more, visit www.accessdc.com or call 1-888-799-1744.

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