Delta Data Supports BNY Mellon's Fee Management Service
COLUMBUS, Ga., Dec. 17, 2013 /PRNewswire/ -- Delta Data Software, Inc. ("Delta Data") announced today that it has entered into an agreement with BNY Mellon, the global leader in investment management and investment services, for support of BNY Mellon's fee management service for asset managers.
BNY Mellon Asset Servicing will employ Delta Data's Fee Manager™, a leading Software as a Service ("SaaS") solution for distribution expense and invoice management, for its full-service solution that will enable asset managers to better understand the services they receive for the fees paid to distribution partners.
Delta Data's COO, Whitfield Athey, stated, "We are pleased BNY Mellon has chosen our technology to deliver a best-in-class full-service offering. This provides a great opportunity for clients who wish to have services wrapped around Fee Manager supporting the management of their distribution expenses. Moving forward, we hope to grow the relationship with opportunities to deliver more service options to our respective clients."
The alliance with BNY Mellon is expected to help drive Delta Data's expansion of Fee Manager's capabilities in areas of reporting, distribution oversight and payment processing of sub-accounted positions.
About Delta Data Software, Inc.
Delta Data is focused on solving complex challenges in the financial services industry. Delta Data has a 28-year legacy of delivering expertise and proven software solutions and services. Delta Data serves both buy-side and sell-side clients with sophisticated, sector-leading software systems and Software as a Service ("SaaS") solutions specifically focused on handling daily processing and data management complexities for mutual funds and other pooled investment products. Additional information is available at www.deltadatasoft.com.
About BNY Mellon
BNY Mellon Asset Servicing supports institutional investors in today's fast-evolving markets, safeguarding assets and enhancing the management and administration of client investments through services that process, monitor and measure data from around the world.
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. As of Sept. 30, 2013, BNY Mellon had $27.4 trillion in assets under custody and/or administration, and $1.5 trillion in assets under management. 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 (NYSE: BK). Additional information is available on www.bnymellon.com, or follow us on Twitter @BNYMellon.
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SOURCE Delta Data Software, Inc.