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Tag Archives: Mutual Funds

mutual fund data, delta data, FICCA data, mutual fund transparency

Unlocking Value of Mutual Fund Intermediary Transparency in 2019

Chief Compliance Officers (CCOs) certainly had a lot on their plates in 2018 – from MiFID II and GDPR to considerations around the DOL Fiduciary Rule and Liquidity Rule, there have been many pieces of regulation that have captured their attention and pushed them to implement new operational and technological structures to comply. I had the opportunity to share some of my thoughts from Delta Data’s perspective with Ignites for a recent article. The following is a summary of some of those thoughts, which centered on the importance of transparency data in intermediary distribution of Mutual Funds. Read more

Whitfield Athey

Whitfield Athey is CEO of Delta Data Software. His role at Delta Data is focused on growth of the product base, satisfaction of clients and scalability of the organization.

New Year: Improve Your Counterparty Relationships

As 2018 comes to a close, it’s time to think about strategies to make 2019 your best year yet. Solutions that just “got the job done” in the past year do not cut it anymore as firms and industry professionals are looking to innovate and optimize existing processes. If you’re a fund company brainstorming ways to bring your business to the next level in 2019, we have a New Year’s Resolution to add to your list: improve counterparty relationships and communications. 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.

Chief of Operations, Financial Services, Data strategies, FundBlast launch, innovation technology, Robotic Process Automation, mutual funds, financial broker

Financial Industry Trends: Reflections from our 2018 Client Conference

Every year, we have the privilege of bringing our clients together to talk about industry trends and discuss our latest product updates. It’s hands down the most instructive three days for us at Delta Data. They help us draw our innovation roadmap and keep our efforts focused on solving their problems rather than chasing the buzzwords in the headlines. I may be the CEO of Delta Data, but I’m proud to say that our clients truly guide the direction of our company. And I wouldn’t have it any other way. Read more

Whitfield Athey

Whitfield Athey is CEO of Delta Data Software. His role at Delta Data is focused on growth of the product base, satisfaction of clients and scalability of the organization.

Mutual Fund Transparency in Support of DOL Rules

The last several years have demonstrated an ongoing focus on transparency driven by guidance and rules from the governing bodies of the mutual fund industry.  To date, most transparency initiatives have focused on Dealer to consumer transparency (404a and 408b2) and Dealer to Fund transparency that support a myriad of requirements from “Distribution in Guise” prospectus rule compliance including Rule 22c-2. The Department of Labor proposal reveals a new requirement on the horizon for increasing dealer transparency into the DOL’s fee and fiduciary requirements. So why has this become of interest to the DOL now? To understand this drive requires looking at the dealer infrastructure. Read more

Whitfield Athey

Whitfield Athey is CEO of Delta Data Software. His role at Delta Data is focused on growth of the product base, satisfaction of clients and scalability of the organization.

Mutual Funds Omnibus Transparency – Lighting up the Black Cat in the Dark Room

The phrase, “knowledge is power,” takes on a special meaning when a paucity of knowledge leads to potential issues that leave a company fumbling around in a dark room, looking for a black cat, only to be saved when someone turns the lights back on. When Mutual Funds companies’ clients started moving away from trading in fully disclosed accounts to consolidated omnibus accounts, they lost their ability to monitor their fund trade activity. Compliance with prospectus defined rules became impossible to monitor and data became the black cat in the black room. However, due to market demand for more than summarized trade activity, transparency has reemerged within omnibus accounts. How this happened, who it impacted and what has been done to remediate the problem is the focus of this week’s journey into the fund industry’s Twilight Zone. 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.