Toronto
24 June 2014
Reporter: Catherine Van de Stouwe
Broadridge and Doxim deliver smarter statements
Broadridge Financial Solutions and Doxim have team up to create an end-to-end Smart Statement Solution to provide a superior statement creation and delivery solution to their clients.

The solution has been made in response to the changes to account statements issued by banks, broker-dealers and asset management firms as part of the client relationship model (CRM2).

The solution will help client make the move from to enhanced CRM2 compliant statements through the Communication Manger console, which is a web based message management tool that facilitates the entire process of managing the marketing messages on statements.

The process will allow firms to select multiple messages and include them in different message zones on both print and online statements. The selective process will give firms the chance to choose specific messages to target different audiences.

Donna Bristow, vice president of client management and strategic product development in invest communications solutions at Broadridge, said that the changes in CRM2 are evidence of the increased regulation and compliance reporting in the financial services industry.

She added: “Broadridge’s Smart Statements provides a solution to help firms not only meet the regulatory requirements but to make a meaningful and positive change in how they communicate with investors.”

“Broadridge has been working very closely with the regulators and our clients to ensure that our solution positions them for success in this time of increasing client demands and considerable regulatory change.”

“The ability to incorporate performance data and additional disclosure information from multiple systems, including our own, is what makes this solution so unique.”

President and CEO of Doxim, Chris Rasmussen, is “excited” that his firm was chosen to partner with Broadridge, because the partnership will help to turn account statements into “more effective communication vehicles”.

“With the Broadridge Smart Statement Solution, we are offering firms a way to not only meet these regulatory mandates, but also improve statement readability, enhance client satisfaction and target messages to clients right on the statement.”

More news
The latest news from Asset Servicing Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
LSEG and IBM partner for SME blockchain
20 July 2017 | London | Reporter: Drew Nicol
The framework will be built on Hyperledger Fabric version 1.0 and hosted by The Linux Foundation
Northern Trust commits to EU hub
19 July 2017 | Luxembourg | Reporter: Stephanie Palmer
Northern Trust is set to establish a banking presence in Luxembourg, and has appointed a new head of continental Europe, in a move that it says is “further establishing its commitment to the region”
New OMS launches to support firms in MiFID II
19 July 2017 | London | Reporter: Stephanie Palmer
London-based financial technology start-up Hedgd has launched its cloud-based order management system, to support firms in compliance with the second Markets in Financial Instruments Directive
SIX launches new regulatory data and document exchange platform
18 July 2017 | Zurich | Reporter: Barney Dixon
SIX Financial Information has launched a new platform allowing for more efficient electronic exchange of regulatory data between wealth managers, asset managers and banks
T7 goes live at Irish Stock Exchange
18 July 2017 | Leinster | Reporter: Barney Dixon
The Irish Stock Exchange has migrated to Deutsche Börse’s new T7 trading platform, which aims to enhance the performance of ISE’s equity marketing offering
Lombard Risk dominates Canada with new mandate win
18 July 2017 | London | Reporter: Drew Nicol
Lombard Risk Management has tightened its grip on the Canadian banking market with another major bank signed up to its flagship Colline collateral management solution
Ex-Visa CEO takes helm at BNY Mellon
18 July 2017 | New York | Reporter: Stephanie Palmer
BNY Mellon has named Charles Scharf as CEO and director of the company, effective immediately
More news