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Addressing challenges to help drive business growth
During the past year the scope and magnitude of global changes affecting the financial
market and regulatory framework has been daunting. Barely a day goes by when we
are not confronted by a myriad of issues such as: dramatic swings in market valuation,
bankruptcies, misappropriated investor assets, sovereign debt crisis and new industry
regulations. Conducting business today is complicated and the ability to achieve
corporate performance goals in this environment is challenging.
We continually attempt to step into your shoes, to see the world as you do, so that
we can push ourselves to innovate and develop high quality solutions that make your
organization more efficient and allow you to focus on driving business growth. Let’s
take a look at some of the 2011 enhancements that Broadridge has made.
Using our consultative expertise, we have assisted our clients in deciphering the
Department of Labor Disclosure and Reporting Rules for 404(a)(5) and 408(b)(2) and developed tailored solutions to help meet
the diverse needs of our clients. Our fee disclosure resource center includes white
papers and replays of the highly attended fee disclosure webinar series we hosted.
We will continue to update the materials and information contained on this resource
center as we near the implementation deadline. Learn more about Fee Disclosure
We entered into an agreement with Charles Schwab to expand upon the sales reporting
and data analytics capabilities Schwab currently provides to more than 600 Mutual
Fund Sponsors. This partnership underscores the value we bring to the mutual fund
arena as an industry information hub between asset managers and intermediaries,
providing data transparency across all distribution channels. The increased level
of transparency will provide deeper insight into the channels, products, and advisors
necessary to drive your business growth and address compliance needs. Learn more about the Charles Schwab agreement
During 2011 we integrated Matrix Financial Solutions to strengthen our mutual fund
processing platform to enable bank trusts, record keepers and TPAs to increase distribution
and attract additional assets. We expanded the functionality of our RetireTool(k)it
solution permitting financial advisors to offer an open architecture solution to
their defined contribution customers with access to over 25,000 mutual funds.
Beyond the Matrix offering, Broadridge has enhanced our offerings to provide end-to-end
Defined Contribution Self-Service solutions. These self-service solutions include
our ePASS (enrollment kits), Automated Statement Generator (participant statements)
and Fund Solutions (fund fact sheets). These offerings assist Defined Contribution
providers to streamline operations, lower costs, raise participation and increase assets
under management.
As we look to the future, Broadridge will continue to leverage our unique position
in the financial services industry to create transparency and visibility, provide
effective market intelligence, and increase operating efficiency to our customers.
I would like to thank you for choosing Broadridge and my best wishes for much success
in 2012. If you have any questions, feel free to call me or your account manager.
I am available anytime by phone at 631-254-7451 or email at
Gerard.Scavelli@broadridge.com.
Sincerely,

Gerard F. Scavelli
President, Mutual Fund Solutions
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