Data and Database Management Software
Leading Canadian Bank Selects Broadridge Canada for Smart Document Creation Solution
TORONTO, Ontario - Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that another Canadian financial institution has selected Broadridge Canada's Smart Document Creation solution for the generation of Fund Facts documents required by the new Point-of-Sale (POS) regulations.
The Smart Document Creation solution will generate regulatory Fund Facts documents for the bank's mutual funds through an automated document creation process. Using their fund-specific data and customized templates, pro-forma, black-lined and final version documents will be created that are suitable for print, web-viewing and e-delivery. Using Broadridge's automated document creation process, these documents can be created in a fraction of the time it would take using traditional desktop publishing.
Donna Bristow, Vice President, Client Management and Strategic Product Development, Investor Communication Solutions, Canada, Broadridge, commented, "With our long-standing relationship in place, it was easy to layer on the creation of regulatory Fund Facts to the existing services we already provide. We were able to customize the data loads and document layout to suit their requirements, which resulted in a cost-effective and timely set of regulatory Fund Facts."
Further to creating the documents, Smart Document Creation will be tightly integrated into Broadridge's existing Smart Prospectus service which will then provide an end-to-end fulfillment solution. Smart Document Creation can also be extended to cover the creation of MRFPs (Management Reports of Fund Performance), financial statements, and marketing documents.
About Broadridge
Broadridge 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 $4 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.
Media Contacts:
Ed Orgon
The Torrenzano Group
+1 (212) 681 1700
ed@torrenzano.com
Grant Brigden
Broadridge Financial Solutions, Inc.
+1 (416) 865 6591
grant.brigden@broadridge.com
