Business Intelligence TRANSFORMING DATA INTO BUSINESS PERFORMANCE

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1 Business Intelligence TRANSFORMING DATA INTO BUSINESS PERFORMANCE

2 More and more businesses realize that business intelligence is not just a tool but rather a key corporate asset that they can use to survive. Forrester Research Business Intelligence Turn data into a strategic asset Over the past 10 years, Albridge, an affiliate of Pershing, a BNY Mellon company, has emerged as the clear market leader in managing enterprise data for retail brokerdealers. We have developed a range of innovative business intelligence solutions for broker-dealers and advisors. No matter what your firm s technology strategy may be, we have a business intelligence solution that can help you improve your performance. Information is key to making the right business decisions at the right time. Albridge helps you transform information into powerful analytics that can help increase profitability, uncover new revenue opportunities and improve client service. Many broker-dealers spend a significant amount of energy manually rekeying data into multiple systems, or processing files from external sources. As a result, firms often have poor quality data or even multiple versions of data scattered across different systems. This makes it difficult to determine which data represents the truth. When advisors or management need insights about their business, or even basic data, such as AUM or yesterday s sales, many firms struggle to get the information they want. They often rely on internal technology staff to develop reports or build queries. Data management can be particularly vexing for all but the largest brokerdealers, who can afford a large technology department to manage it. Even then, many large firms would prefer to focus resources on their core business. If you are not effectively managing your data, then your data is most likely managing you. This forces you to be reactive instead of proactive, and tactical instead of strategic. Industry-Leading Data Management Excellence Focusing on optimal data coverage and quality Albridge has consistently focused on enterprise data management for more than a decade. Our core competence is processing multi-custodial client account data with a focus across the dimensions of quality coverage, accuracy, timeliness and completeness. This has resulted in Albridge being consistently ranked as the top resource for advisors in industry surveys. 1 Proven data management processes, technology and operations help ensure client data integrity and provide your firm with valuable performance reporting, sales surveillance and business intelligence solutions 1 investmentnews technology usage and satisfaction survey, 2013 and 2012; Financial Planning magazine s advisor surveys, 2011 and

3 COVERAGE Direct data feeds collect client and third-party information from more than 100 data providers. This means that it is very likely that we can already reconcile, scrub and manage the data you need. By choosing Albridge, you will join more than 140 financial institutions representing over 43 million client accounts that use us to manage their multi-custodial data. Our solutions streamline wasteful and error-prone processes that rely on re-keying data from multiple sources into a variety of systems. ACCURACY Operational controls help ensure data accuracy through all phases of the data processing life cycle. Sophisticated data processing logic, refined over the past decade, reconciles transaction data with position data, while applying numerous data integrity business rules, resulting in timely and more accurate performance reporting data. Our data support teams monitor data anomalies and will work with your firm and data providers when issues are identified to help ensure a high level of data integrity. Customized administration tools and reports provide data transparency, allowing you to reconcile data with the source system and monitor trends in quality. TIMELINESS Inbound and outbound file delivery runs 24-hours-a-day, 7-days-a-week to help ensure timely data representing the previous day s activity. Each month, over 740,000 files are processed, representing over 7 billion data records. This demonstrates our commitment to scalability and timeliness as key performance indicators. COMPLETENESS Disparate data sources are normalized to Albridge standards ensuring consistency across applications and reports. Direct data feeds are supplemented with subscriptions to third-party data providers to help ensure completeness of client data. We manage many of the data provider relationships to proactively help ensure your firm receives the highest quality of data possible. The tools, technologies and platforms we develop help make you and your advisors more productive. With Albridge managing your enterprise data, you can focus on moving your business forward. Albridge s Business Intelligence Solutions Enterprise data management and insight for retail brokerage firms Albridge focuses its services exclusively on broker-dealers. This allows us to have a unique understanding of your business needs. No matter what your firm s technology strategy is, we have a business intelligence solution that can help you improve your business performance. Albridge Data Warehouse. This is a turnkey, hosted solution that organizes all of your multi-custodial data in a single location. A library of pre-built reports address many of the needs of operational, compliance and finance users, while drag and drop ad hoc queries enable you to discover new insights without relying on technology staff. This is a good solution if your firm seeks maximum business insight, but prefers to minimize its technology footprint. Albridge Management Reports. View asset management trends, scorecards and mapping at the advisor, firm and business segment level using data from Albridge Wealth Reporting. Insights benefit every level of the distribution team from sales management and key accounts, to marketing, product development and sales representatives. Albridge Replicated Data. You can have your scrubbed and reconciled data sent daily as a file. You can use replicated data to build reports and power applications or even your firm s own internal data warehouse. This may be the solution if your firm has strong technology resources, and is pursuing an internal build strategy. 3

4 Albridge Data Warehouse Turnkey business insight Albridge Data Warehouse, our multi-custodial business intelligence platform, lets you access, organize and analyze consolidated data from one location, helping you increase efficiency and grow your business. It also provides an alternative to Albridge Replicated Data by centralizing your data, eliminating the need for multiple internal platforms. Albridge Data Warehouse provides: A turnkey, hosted solution managed by Albridge, including data loading, data model maintenance and disaster recovery. A library of pre-built reports enabling your firm s operational, compliance, finance and management users to quickly and efficiently gather business intelligence. User-friendly report builder allowing users to build their own ad hoc report queries. Data which can be proactively and strategically mined by your managers for business insights. Access to other applications via batch file extracts, eliminating the need for storing data in-house and ensuring data consistency. An easy-to-use, drag-and-drop report builder to support ad hoc queries without having to rely on additional technology resources. New reports can be published to a library for others to view and use. Easily extendable data model quickly adapted to meet new business requirements using new data feeds or data elements. Albridge Management Reports Detailed performance indicators to boost your productivity Albridge helps your firm and advisors optimize selling efforts, manage clients, identify growth opportunities and enhance practice management efforts through Albridge Wealth Reporting. Through an easy-to-use, entitlementdriven report writer you can derive business insights, from firm-wide data to regional, branch and even advisor reporting. Advisor Reports. On-demand client reports help your advisors to analyze their books-of-business and mine valuable client information. From extensive client information consolidated across their client bases, specific opportunities driving (or hindering) the growth of their practices can be identified. Drive revenue growth. Identify the most profitable crossselling opportunities. Boost fee-based business. Analyze client portfolios as a whole or isolate investments by specific characteristics to ease the transition to fee-based business. Increase productivity. Use intelligence to align services to clients who would benefit the most from them. Engage management. Empower regional managers to help advisors focus on their greatest growth drivers. Use custom filters to analyze client information to gain insight into your book of business in the areas of transactions, accounts, clients or portfolios. Sample advisor reports include: Client by Assets Under Management Client Holdings Client by Sales Find Clients by Assets Master Client Information New Accounts Product Companies by Assets Under Management Product Companies by Sales 4

5 Branch Management Reports. These on-demand reports help your managers to access client and advisor insights, providing a greater understanding of each member s performance to help them coach their teams. Receive detailed performance information on advisors. Gain detailed insight into performance, including clients by AUM and sales, trade blotter, product companies by AUM, product companies by sales, clients by assets, new accounts, master client information, client holdings, portfolio by AUM and branch summary. Access detailed branch summary reports. Run branch summary reports on advisors, detailing total assets under management, number of clients, number of accounts, current status and branch total. Sample branch management reports include: Advisors by AUM Advisors by Total Sales Product Companies By AUM Product Companies By Sales Distribution Management Reports. These reports include asset management trends and mapping at the advisor, firm and business segment level. Insights benefit every level of the distribution team from sales management and key accounts, to marketing, product development and sales representatives. Access key business metrics quickly without depending on internal technology resources. Turning Data Into Insight Advanced analytics are critical to turning data into Id insight. estores The rem trend to quid molor re volor make more use of the data magnimet aceptatque warehouse for advanced peliquis doloreris re analytics will accelerate diam re eatemod itiam, as organizations move tore sereiciur abo. Et from ut aut running odi conecepudit business intelligence eaquost aut point omnis solutions to eos being doluptur analytics-based andi aut competitors. idelecatium atur? Pa etum voluptiae nulpa volorporum Identify trends and issues from the national level to individual advisors. Review data for multiple programs and platforms, breaking down silos. Generate scorecards and reports. Sample distribution management reports include: Advisors by Direct Business Sales for Last Quarter Advisors by Total Assets Under Management Advisors by Total Sales for Last Quarter Advisors by Total Sales for Last Month Money Managers by Assets Under Management Most Widely Held Assets Most Widely Held Clearing Firm Assets Most Widely Held Direct Business Assets 5

6 Albridge Replicated Data Data to power your critical business applications Albridge Replicated Data provides a secure, reliable and cost effective means of consolidating, normalizing, cleansing and storing transaction and position information from back-office and legacy systems. With direct access to a cleansed and consolidated data source, you can more easily manage data and integrate it into a variety of applications and enterprise data management solutions. With Albridge Replicated Data you can: Receive direct data feeds of consolidated transaction-level data from both legacy systems and external custodians that has been cleansed, normalized and reconciled. Reduce the effort and cost associated with consolidating data from various industry utilities. Reduce data errors and data inconsistencies across applications. Power an enterprise data warehouse. Integrate your complete enterprise data set into proprietary or third-party provider applications, eliminating manual data entry. Albridge Replicated Data is ideal for firms that have strong technology resources and are pursuing an internal build strategy. 6

7 Albridge Manage Your Business, Not Your Data Call us: (877) us: Visit us: albridge.com

8 About Us Albridge Solutions, Inc. is a leading provider of enterprise data management solutions that deliver a single view of an investor s broad range of assets. Our proprietary technology consolidates and reconciles client account and transaction data from hundreds of data sources representing banking, brokerage, insurance, retirement, managed accounts and more. Albridge provides the foundation for financial organizations to leverage a single source of information to power a number of mission-critical technology applications. Albridge Solutions, Inc. is an affiliate of Pershing LLC, a BNY Mellon company. Pershing and its affiliates provide global financial business solutions to advisors, asset managers, broker-dealers, family offices, financial organizations, fund managers and registered investment advisory firms. A financial services market leader located in 23 offices worldwide, we are uniquely positioned to provide advisors and firms global insights into industry trends, regulatory changes and best practices, as well as shifts in investor sentiment and expectations. Pershing provides solutions-including innovative programs and business consulting-that help create a competitive advantage for our clients. BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment management and investment services in 35 countries and more than 100 markets. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation Albridge Solutions, Inc. Albridge Solutions, Inc. is an affiliate of Pershing LLC, member FINRA, NYSE, SIPC, a wholly owned subsidiary of The Bank of New York Mellon Corporation (BNY Mellon). Trademark(s) belong to their respective owners. For professional use only. Not for distribution to the public. albridge.com 1009 Lenox Drive, Suite 204, Lawrenceville, NJ CCB-ALB-BINT-1-14