Blue Sky Solution System

NRS’ Blue Sky Solution™ system efficiently and accurately completes all required state-by-state filing responsibilities and supports sales data-feed integration from unlimited data providers.

With the NRS Blue Sky Solution™ System you will experience:

Accuracy From Day One: Our solution arrives complete with all your fund information, state permit data, historical sales data, and state-by-state filing requirements. NRS experts audit your data, highlight any issues, and repairs or replaces any required information before installation.

Easy Automation: The Blue Sky Solution™ imports data files from a firm’s transfer agent, broker-dealer and other record-keeping systems for automated sales monitoring and reporting. It features graphical and numerical data analysis tools that facilitate identification of sales issues saving fund on costs.

Tighter Oversight and Transparency: Online review and approval processes provide management controls, promotes accuracy and ensures compliance with internal policies and procedures. Exception and warning reports ensure timely compliance with reporting and filing deadlines.

Minimizes Expenses and Controls Costs: NRS’ Blue Sky Solution™ system stores daily sales information at the fund/state/data provider level. Firms can quickly identify large daily sales that may be eligible for transactional exemptions and exclude them from reporting and sales fees resulting in significant fund expense reduction.

Expedited Electronic Filing: Requests for new product filings can be addressed within hours rather than days or weeks. Blue Sky Solution™ enables filers to transmit notice filings electronically to states offering electronic filing programs. ACH payments are easy with the built-in export feature that creates a payment file in NACHA compliant format.