Support 855.828.6717 Client Login
Call Sales
(800) 451-9188 or 855-828-6717

Delta Data and FundBlast System Featured in Recent Article

Delta Data and FundBlast System Featured in Recent Article

Fund Communication is Ready for an Upgrade

Tech innovation is necessary to cut the industry’s ties with legacy software, FundBlast System.

The industry’s move to an email-based system has been the only minor update to the blast fax infrastructure in the last 30 years with regards to communicating fund changes and events. The mutual fund industry is rooted in a complex data set and has embraced its own way of processing data.

Fund companies currently send thousands of emails to their distributors. Recipients of these emails must parse through each one to determine if the communication is even relevant. In the case that an email is pertinent, that firm must then figure out the appropriate changes to process and move it downstream in their organization. It is a time-consuming process that relies heavily on manual intervention, making it riddled with risk.

 

Read the entire article.

Learn more about FundBlast. 

 

 

Print Friendly, PDF & Email
Related Post