SUBACCOUNTING: Business Statistics - Full-Service Providers

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Full-service Subaccounting business statistics.

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SUBACCOUNTING: Business Statistics - Full-Service Providers

	BNY Mellon	Envision Financial Systems, Inc.
CLIENT INFORMATION
# Firms	15	N/A
# Portfolios	26,293	N/A
# Open-end U.S. mutual fund shareholder accounts (Ks)	64,661	N/A
# Closed-end U.S. mutual fund shareholder accounts	0	N/A
# Firms added/lost in 2019	3(1)	N/A
# Shareholder accounts added/lost in 2019	1,188,526	Yes
# Clients outside of the U.S.	Yes	N/A
# Clients operate offshore funds	N/A	N/A
# Clients subaccounting non-U.S. or non-’40 Act funds	N/A	N/A
# Offices outside of the U.S.	83	1
GENERAL INFORMATION
Unique price rule algorithms system concurrently supports	8	Unlimited
Unique CDSC rule algorithms system concurrently supports	Yes	Unlimited
Provide dividend records in time for posting on payable date	Yes	Yes
No. of years of transaction history that can be accessed	Contract Defined	Infinite
SERVICE SUMMARY
Overflow facilities	No	No
Require funds to sign multiyear contract	Yes	Yes
Offer hybrid servicing (mix of full and remote service)	Yes	Yes
PERSONNEL
Average industry experience (years)	26	N/A
Average tenure with company (years)	9	N/A
Primary client contact and subaccounting staff at same location	Yes	Yes
Quality incentives available	Yes	Yes
In-house fulfillment facility	Yes	No
Dedicated training staff/curriculum for	Yes	Yes
Level of employee turnover	**	N/A
TYPE OF FUNDS SERVICED
No-Load Funds	U	U
Front Load Funds	U	U
CDSC (Back Load) Funds	U	U
Spread Load Funds	U	U
Multiple Class Funds	U	U
Money Market Funds	U	U
Offshore Funds	U	U
Foreign Managed Funds	U	U
State Investment Pool	U	U

**=Not Reported
N=Not Available
U=In Use
A=Available
D=In Development
N/A=Not Applicable