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Alger Acquires New Data Distribution Applications

Fred Alger & Company Inc. has selected Access Data Corp.'s SalesVision sales reporting and AccessDiscovery data service applications to distribute its mutual funds.

The SalesVision program will provide Alger’s financial adviser clients with incorporated market and sales data. In addition, it will act as an intermediary for Alger by identifying prospective financial clients through its CRM system, Salesforce.com. SalesVision provides comprehensive solutions for analysis, reporting, and storage of data which helps to regulate administrative and financial management personnel.

AccessDiscovery is a service provided through Access Data which matches trading information with a storehouse of market and demographic data of financial intermediaries.

SalesVision currently represents $3 trillion in assets under management in the mutual fund industry.


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