Case Study: North American Service Provider achieves compliant, fund-specific pricing with Broadridge Managed Data Services

Meeting the challenge of regulatory demands and creating a value added client service

North American Service Provider, a large North American fund administrator, needed a way to comply with FASB fair value regulation FAS 157 while offering clients more flexible, fund-level pricing choices. They turned to Broadridge and its Managed Data Services offering to support pricing transparency, data cleansing, exception handling, and faster time to market despite limited internal bandwidth.

Broadridge implemented a customizable pricing, analytics, and reporting solution that integrated multiple data vendors, applied client-defined business rules, and delivered “winning prices” to accounting systems throughout the day. As a result, North American Service Provider could offer multiple pricing sources, fund-specific customization, and improved analytics while reducing operational burden and total cost of ownership; the solution was fully integrated within a few months and later productized for broader use.