Mellon Institutional Funds has selected Access Data SalesVision to monitor detailed shareholder trading activity in order to detect trading irregularities.
Mellon Institutional Funds will utilize SalesVision’s online, on-demand 22c-2 offering, which includes use of multiple 22c-2 shareholder compliance rule sets; technical and operational data stewardship for account and transaction shareholder data; and Access Data Exchange (AccessDXSM), to provide Mellon with connectivity to financial intermediary platforms and the DTCC SDR interface.
“With Access Data’s 22c-2 compliance solution, we know we are getting a proven product offering from an experienced company that understands our business,” said Scott Wennerholm, chief operating officer for Mellon Asset Management. “Our decision to go with Access Data was influenced by the on-demand service approach they offer, as well as their experience working with other large, diversified financial services firms like Mellon.”