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Introducing DTCC Payment aXis®

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.