Manually processing mutual fund invoices is costly, time-consuming and risk-prone. Listen to industry insiders Barbara Browne* and Chris Deonier* as they discuss the issues faced in an industry moving increasingly toward more complex, broker-controlled accounting. Hear how DTCC Payment aXis®, the industry’s only automated solution in this space efficiently and safely transmits and settles mutual fund commissions and fee payments for both retirement plan and broker-controlled accounts.
* Barbara Browne is a Vice President of Boston Financial Data Services’ Financial Intermediary Administration Group and the Chair of the Investment Company Institute’s (ICI) Omni Invoicing Task Force; Chris Deonier is Vice President of Matrix, a Broadridge Company and a member of the ICI Omni Invoicing Task Force.