Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:DST Focuses Vision on Breakpoints Not Rated 0.0 Email Routing List Email & Route  Print Print
Wednesday, July 30, 2003

DST Focuses Vision on Breakpoints

by: Sean Hanna, Editor in Chief

DST is developing a breakpoint information center for its Vision service. The Kansas City-based back office provider expects the new service to go live in August. DST creating the service in response to industry demand in wake of recent regulatory scrutiny of breakpoint recognition practices. The center will be accessible to both advisors and fund back-offices.

DST officials said that Vision has offered breakpoint information to advisors, including discount categories and breakpoints at the fund level since its launch in 1998. It also offers rights of accumulation (ROA) information, with links to all accounts tied to that ROA agreement at the account level.

The firm said the center will feature downloadable breakpoint schedules, as well as ROA and letter of intent (LOI) policy information, and that it will be integrated with its Vision suite of existing management company and fund-specific breakpoint tools. It will also provide access to compliance documentation such as prospectuses and statements of additional information.

"Financial intermediaries using Vision will be able to quickly access breakpoint information for their customers while they complete online transactions," said Kyle Mallot, client services officer in charge of Vision. "For back-offices, the ability to download breakpoint schedules will streamline compliance obligations."  

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

0.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2024: Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use