The new solution, which is supported by Archive Systems’ records management software suite, OmniRIM, will offer greater control, retrieval and analysis of all records for banks, broker-dealers and mutual organisations.
The alliance will also complement Broadridge’s existing electronic document delivery and archival solution, PostEdge.
Archive Systems’ CEO, Gordon Rapkin, said: “With our unique approach to records management and Broadridge’s extensive experience in investor communications, we believe we will change the way the financial services industry manages documents.”
Andrew Besheer, vice president of customer communications at Broadridge, said: “Increased regulatory compliance demands are driving the need for an efficient end-to-end physical and digital document management solution that provides intelligent storage capabilities. We anticipate that our alliance will reduce the risk of lost documents and improve retrieval efficiency.”