Gemini selects Broadridge to improve processing efficiency and reduce risk

HAUPPAUGE, USA: Gemini Fund Services, LLC (Gemini), an engaged partner to independent advisors as a provider of comprehensive, pooled investment solutions, is integrating the PROactive™ Reconciliation solution from Broadridge Financial Solutions Inc. onto its platform.

Broadridge is the leading provider of investor communications and technology-driven solutions for broker-dealers, banks, mutual funds and corporate issuers globally.

PROactive Reconciliation will enable Gemini to analyze trading and other transaction data, while automating the calculation of differences in pricing data and identifying any anomalies. These efficiencies mitigate reliance on extensive paper trails to track costly data errors. In addition, Broadridge delivers automation improvements through a variety of delivery options as part of the integration process.

"This reconciliation tool will save us significant time and processing costs by automating trading and data entry operations from beginning to end across our organization," said Andrew Rogers, CEO of Gemini. "We are always seeking innovative solutions that increase operational efficiencies for our clients."

Gemini recently integrated the turnkey data aggregation platform of ByAllAccounts, which automates the process of gathering brokerage and custodian data.