OCTOBER 2, 2017  |  PRESS RELEASE |

(COSTA MESA, CA, October 2, 2017) – Envision Financial Systems, Inc., a leading provider of real-time mutual fund shareholder recordkeeping technology, was named a finalist in four categories for the 2017 Mutual Fund Service & Technology Awards by Fund Intelligence. Envision was shortlisted for awards in the following categories:

  • Best Technology Provider Overall
  • Best Clearing and Settlement Technology
  • Best Technology/Infrastructure Initiative
  • Best Mobile Application

The Fund Intelligence Mutual Fund Service & Technology Awards recognize the achievements of US mutual fund service providers including administrators, custodians, legal specialists, accounting groups, and technology providers. Winners must demonstrate growth and innovation over the course of the last year.

Envision Financial Systems is being recognized for its innovative new FundKeeper platform, which was created in collaboration with U.S. Bancorp Fund Services. FundKeeper is a full-service mutual fund trading and shareholder servicing solution that provides financial intermediaries with a new approach to supporting mutual-fund-only accounts. Traditionally, intermediaries have held these accounts directly with mutual fund families—and suffered business inefficiencies and lack of control. Or, they’ve been forced to “go to traditional brokerage” with accounts unsuited to conventional brokerage fees and complexity. FundKeeper is an alternative to both these options.

FundKeeper leverages Envision’s PowerAgent technology, which consists of a shareholder recordkeeping and subaccounting system, along with fully integrated technology to facilitate the real-time exchange of information between end users and the firm.  PowerAgent provides a mobile internet shareholder and rep portal, imaging and workflow processing, and real-time investor suitability checks.

Said Satnam Gambhir, CEO of Envision, “We’re honored to be recognized in four categories for this year’s Mutual Fund Service & Technology Awards and we feel it’s a testament to the truly groundbreaking solution that FundKeeper brings to the industry. We believe FundKeeper provides broker dealers, registered investment advisors and other intermediary firms with a much more efficient and cost-effective way to offer mutual funds to their clients.”

Winners will be announced on October 3rd at an awards dinner at the iconic Pierre Hotel in New York.

About Envision Financial Systems, Inc.

Founded in 1994, Envision Financial Systems, Inc. is a premier provider of real-time mutual fund recordkeeping technology and outsource solutions. Using in-depth knowledge of the industry and listening to its customers, Envision’s solutions enable firms with subaccounting needs to consolidate and control investor activity, increase representative and investor satisfaction, and help mitigate operational and economic risks. Envision supports over 420 investment companies, comprised of over 11,700 CUSIPS representing over $2.2 trillion in client assets.  Envision’s headquarters are in Irvine, California, with offices in Owings Mills, Maryland, Denver, Colorado and Bangalore, India. For more information, visit www.enfs.com.

About U.S. Bancorp Fund Services, LLC

Headquartered in Milwaukee since 1969, U.S. Bancorp Fund Services LLC provides single-source solutions to support a variety of investment strategies and products including mutual funds, alternative investments, open-end, closed-end, and exchange traded funds. The division currently services 552 fund families comprised of 3,341 portfolios, 4,169 fund classes, and 3.3 million shareholder accounts with $985 billion in client assets. U.S. Bancorp Fund Services is a subsidiary of U.S. Bank, the fifth largest commercial bank in the United States. Visit U.S. Bancorp Fund Services on the web at usbfs.com.

Envision Financial Systems, U.S. Bancorp Fund Services, LLC and its affiliate Quasar Distributors, LLC have come together to offer FundKeeper.

CONTACTS:
Envision Financial Systems, Inc.
John Gray
(949) 579-9193