Press Releases

Charles Schwab Enhances Sales Reporting for Mutual Funds -- Broadridge’s Access Data to Deliver New Capabilities

LAKE SUCCESS, New York, September 21, 2011 – Broadridge Financial Solutions, Inc. (NYSE: BR) announced today that Charles Schwab (NYSE:  SCHW) has partnered with Access Data, a Broadridge Company, to be the sole provider of a new technology portal that will significantly expand upon the sales reporting and data analytic capabilities Schwab currently provides to more than 600 mutual fund sponsors on its Schwab Mutual Fund OneSource® and Mutual Fund Marketplace® platforms.  This portal will provide unprecedented access to fund asset, trading and sales information.  The partnership also allows Broadridge to continue to showcase its best-in-class servicing capabilities in the mutual fund arena. 

With the new portal, funds on the Schwab OneSource and Marketplace platforms will have timely access and enhanced visibility into sales across products, as well as a deeper understanding of the Advisor – including the fast growing RIA Channel – Trust, Retail and Retirement Channels.  This increased level of transparency will provide mutual funds with deeper insight into channels, products and the advisors driving their business growth.

“Broadridge acts as a trusted partner and industry information hub between asset managers and intermediaries,” stated Doug Hanson, Vice President overseeing third party mutual fund platforms at Charles Schwab. “We are pleased that we will be able to draw on its enterprise reporting and data management capabilities through Access Data to deliver broader, deeper and more timely sales and asset intelligence to our OneSource and Marketplace funds.”

“This collaboration is a cutting edge approach by two financial service leaders to benefit the mutual fund industry by providing solutions beyond standard data delivery,” stated Gerard Scavelli, President, Mutual Fund Solutions, Broadridge. “Current Access Data SalesVision clients will immediately benefit from increased transparency and seamless integration with the SalesVision enterprise reporting solutions.  Broadridge will continue to build innovative offerings to benefit the industry,” concluded Scavelli.

This offering is the second partnership announced between Charles Schwab and Broadridge in the last two months. See press release. 


About Broadridge

Broadridge Financial Solutions, Inc. (NYSE:BR) is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and other corporations. Broadridge’s investor and customer communications, securities processing and managed services solutions help clients reduce their capital investments in operations infrastructure, allowing them to increase their focus on core business activities. With over 50 years of experience, Broadridge's infrastructure underpins proxy voting services for over 90% of public companies and mutual funds in North America and processes on average $5 trillion in equity and fixed income trades per day. Broadridge employs approximately 10,000 associates in 14 countries.

For more information about Broadridge, please visit

About Access Data

Access Data Corp., a Broadridge company, is a leader in enterprise data management, analysis and reporting for the financial services industry - providing data and reporting solutions covering 90% of all long-term fund assets and 95% of all ETF assets. Leading asset management firms and financial intermediaries utilize Access Data’s proprietary technology and services to gain visibility into how sales and assets are generated and address a myriad of challenges in distribution, compensation management and compliance and risk management. Access Data’s flagship product, Access Data SalesVision® provides comprehensive storage and analysis solutions, delivering web-based reporting as Software as a Service. Please visit

Media Contacts:

Ed Orgon

The Torrenzano Group

+1 212 681 1700


Arlene Driscoll

Broadridge Financial Solutions, Inc.



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