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Monthly Archives: February 2018

Delta Data to Showcase FundBlast at NICSA’s 2018 Strategic Leadership Forum

COLUMBUS, GA (February 27, 2018) – Delta Data has announced its participation as a presenter and sponsor at NICSA’s Strategic Leadership Forum (SLF), to be held February 28 – March 2 at the Doral in Miami, FL. Read more

Delta Data Staff

Our staff writers work with Delta Data executives and industry experts to bring you news, trends and insight on the mutual funds industry, particularly issues, regulation, and technology in regard to fund oversight and distribution. Delta Data provides the back-end solutions that companies use to process billions of dollars of transactions and stay ahead of the change™.

Kicking the Can (or Buckets) Down the Road – Liquidity Rule Delayed Six Months

The SEC voted on Wednesday to delay the compliance date of the classification requirement of the Liquidity Rule in what turned out to be a whirlwind of a week for the regulatory body.

With a delay now formalized, fund firms with more than $1 billion in assets now have till June 1, 2019, to comply with the classification requirements, while smaller firms have till Dec. 1, 2019. The SEC also issued an FAQ document detailing compliance requirements for the rule, which you can find here. The other requirements of the rule still go into effect December 1, 2018, for large funds and June 1, 2018, for smaller funds. Read more

Burton Keller

L. Burton Keller was a principal founder of the company in 1985 and currently focuses on strategic initiatives for the company. Mr. Keller is a former member of the Bank, Trust and Retirement Advisory Committee of the Investment Company Institute. He has served on numerous committees and task force groups with the ICI over the last 17 years including Co-chair of the Dividend Distribution Task Force.

Delta Data Named a TAG Top 40 Innovative Technology Company

ATLANTA (February 21, 2018) – The Technology Association of Georgia (TAG), the state’s leading association dedicated to the promotion and economic advancement of Georgia’s technology industry, today announced Delta Data as one of its Top 40 Innovative Technology Companies in Georgia. TAG will recognize this prestigious group at The Summit 2018 on March 20th and 21st, 2018, at the Cobb Galleria Centre. Read more

Delta Data Staff

Our staff writers work with Delta Data executives and industry experts to bring you news, trends and insight on the mutual funds industry, particularly issues, regulation, and technology in regard to fund oversight and distribution. Delta Data provides the back-end solutions that companies use to process billions of dollars of transactions and stay ahead of the change™.

Delta Data and FundBlast Featured in Ignites Article

Tech Shop to B-Ds: We Can Eliminate Risk, 21K Fund E-Mails

By Bradley Saacks February 8, 2018

By Delta Data’s estimates, the typical broker-dealer sifts through more than 21,000 e-mails every year, piecing together information about changes to funds ranging from portfolio manager retirements to breakpoint tweaks.

The Columbus, Ga.-based back-office systems shop says its new FundBlast system can eliminate that manual work — and the errors it can cause — by serving as a portal between mutual fund providers, their transfer agents and their distribution partners more efficiently. The result, the company says, will cut operational and compliance costs on both sides of the distribution equation.

Read entire article.

Learn more about FundBlast. 

 

 

Delta Data Staff

Our staff writers work with Delta Data executives and industry experts to bring you news, trends and insight on the mutual funds industry, particularly issues, regulation, and technology in regard to fund oversight and distribution. Delta Data provides the back-end solutions that companies use to process billions of dollars of transactions and stay ahead of the change™.

Peeking Behind the Curtain of Mutual Fund Corporate Actions – Part III

In part three of our series looking at the world of mutual fund changes and how they’re communicated, we look toward the future. To recap, funds and distributors have been frustrated with the fund event communication process since the beginning. The main issue is that manual processes, lack of standardization, and massive amounts of irrelevant data confuse both the funds and the distributors – and leads to errors, audit issues, and fines. Read more

Scott Marcus

Scott is a Sr. Sales Director at Delta Data representing the buy-side suite or Oversight Solutions. Scott has been involved in the financial services industry since 2004. For the last 10 years he’s made a career managing complex enterprise SaaS sales cycles with a singular focus in FinTech. Connect with Scott on LinkedIn.

Delta Data Launches FundBlast

New digital portal aims to revolutionize how mutual fund changes are communicated.

February 7, 2018, Columbus, Ga. — Delta Data, a leading provider of software and data management solutions for the mutual fund industry, today announced the launch of FundBlast™, a transformational digital portal for communicating mutual fund changes in real time.

Developed to seamlessly facilitate the notification and processing of fund events such as new products, mergers, liquidations, accounting changes, and trade rule updates, FundBlast serves all parties involved in the fund actions lifecycle. This includes fund companies, distribution partners (broker-dealers) and fund service providers such as transfer agents, fund accountants, and record keepers. Read more

Delta Data Staff

Our staff writers work with Delta Data executives and industry experts to bring you news, trends and insight on the mutual funds industry, particularly issues, regulation, and technology in regard to fund oversight and distribution. Delta Data provides the back-end solutions that companies use to process billions of dollars of transactions and stay ahead of the change™.