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ASC-029 exam Dumps Source : ASC Enterprise Security 2010

Test Code : ASC-029
Test cognomen : ASC Enterprise Security 2010
Vendor cognomen : Symantec
: 70 true Questions

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I asked my brother to provide me some advice concerning my ASC-029 test and he informed me to buckle up in view that i used to be in for a superb journey. He gave me this killexams.Coms address and advised me that changed into every I desired as a pass to figure inescapable that I easy my ASC-029 test and that too with proper marks. I took his recommendation and signed up and Im so delighted that I did it considering the fact that my ASC-029 test went stately and that i surpassed with proper score. It emerge as affection a dream near true so thanks.


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I handed the ASC-029 certification these days with the aid of your supplied Questions Answers. This combined with the direction that you tolerate to elevate to be able to swirl out to be a licensed is the pass to move. If you carry out but reflect that simply remembering the questions and solutions is every you need to pass properly youre wrong. There had been pretty a few questions about the exam that arent in the provided QA but if you prepare most of these Questions Answers; you may try those very without difficulty. Jack from England


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The material turned into generally prepared and efficient. I could with out an abominable lot of a stretch recollect severa answers and rating a 97% marks after a 2-week readiness. Much thanks to you folks for decent association substances and assisting me in passing the ASC-029 examination. As a working mom, I had constrained time to figure my-self come by ready for the examination ASC-029. Thusly, I turned into attempting to find some actual substances and the killexams.Com dumps aide become the privilege decision.


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Symantec Symantec ASC Enterprise Security

Symantec acquires Appthority and Javelin Networks to bolster its mobile and commerce protection items | killexams.com true Questions and Pass4sure dumps

Symantec has announced two acquisitions these days, because the protection utility tremendous appears to bolster both its cellular and commercial enterprise security credentials.

First up, Symantec published that it has purchased Appthority, a San Francisco-based cybersecurity startup that focuses on commerce cell probability detection. The commerce offers more than a few features, together with automatic app-vetting, app-probability scoring, and continuous app evaluation, among other related threat intelligence smarts.

based in 2011, Appthority had raised north of $25 million in funding, together with a $17 million sequence B carry in 2016. Now, as fraction of Symantec, Appthority might be integrated into Symantec Endpoint protection cell (SEP cellular), which was launched following Symantec’s acquisition of mobile cybersecurity startup Skycure ultimate 12 months.

“mobile apps are a necessary threat vector that every commerce should address to protect their commerce protection,” referred to Symantec’s SVP for concomitant OS protection, Adi Sharabani. “The Appthority know-how extends SEP mobile’s capabilities in limiting undesirable app behaviors, helping regulatory compliance, and assessing vulnerabilities.”

elsewhere, Symantec likewise introduced that it has bought Javelin Networks, an Israeli company headquartered in 2014 with $5 million in funding this is now based mostly within the U.S., with hubs in Austin and Palo Alto.

In a nutshell, Javelin Networks makes a speciality of protecting organizations from Microsoft lively listing (advert) assaults. Microsoft developed ad as a directory provider for windows domain networks, and it comes as fraction of windows Server operating methods — it, interestingly, is likewise prone to attacks. it truly is why Symantec is integrating Javelin Networks’ expertise into its endpoint security company, because it guarantees to assist “expose exploitable backdoors” in ad and halt assaults on the point of breach.

“within the cloud technology, id management features, equivalent to energetic directory, are a vital a fraction of a consumer’s interplay with their organization’s functions and services,” introduced Symantec’s VP of endpoint and datacenter products, Javed Hasan. “they're additionally a crucial information repository that attackers constantly figure the most. The addition of Javelin Networks technology to their business-main endpoint protection portfolio gives Symantec valued clientele a divorce expertise in a solitary of the most vulnerable and necessary areas of IT infrastructure.”

Symantec is most likely improved general for its Norton safety utility for buyers, but the company presents myriad protection items and features for the business. one pass of countering the expected international cybersecurity team of workers shortfall is to acquire corporations and their group of workers, and this likewise gives Symantec a simpler inroad to launching original elements and tools. Symantec has made dozens of acquisitions in its nearly 40-yr history, even though these two deals characterize its first acquisitions of 2018.

terms of the offers were now not disclosed.


Symantec Boosts protection With Javelin, Appthority Acquisitions | killexams.com true Questions and Pass4sure dumps

First name: closing identify: e-mail handle: Password: verify Password: Username:

Title: C-stage/President supervisor VP workforce (affiliate/Analyst/and so forth.) Director

feature:

position in IT determination-making procedure: Align commerce & IT goals Create IT strategy examine IT wants manage seller Relationships evaluate/Specify manufacturers or providers other position authorize Purchases not involved

Work mobile: company: business dimension: business: road tackle city: Zip/postal code State/Province: nation:

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Symantec Acquires 2 companies to strengthen Endpoint protection | killexams.com true Questions and Pass4sure dumps

Symantec has bought Appthority and Javelin Networks as key technology integrations for its built-in Cyber protection platform.

Appthority presents complete cellular application security analysis, giving Symantec consumers the means to research cell apps for each malicious capabilities, and hazardous and undesirable behaviors, akin to vulnerabilities, random of sensitive data loss, and privateness-invasive actions.

Javelin offers superior software technology to safeguard firms in opposition t energetic listing-based mostly assaults. Javelin’s team and its know-how now are a fraction of Symantec’s endpoint security company.

Symantec's Sri Sundaralingam

Symantec’s Sri Sundaralingam

Sri Sundaralingam, Symantec’s head of product advertising for commerce safety products, tells Channel partners these acquisitions are a fraction of his business’s general strategy to give finished endpoint security for traditional and modern endpoints – home windows, MacOS, Linux, iOS, and Android – and allow valued clientele to reply to an evolving hazard landscape.

“Symantec companions will quickly capitalize from an multiplied endpoint safety portfolio,” he said. “Javelin network’s know-how is planned to be rebranded and supplied as a standalone product. Appthority might be integrated inside Symantec Endpoint coverage mobile (SEP cellular).”

in forward of the acquisition, Appthority was a Symantec Ventures portfolio enterprise. Symantec Ventures invests in early stage cybersecurity startups that remedy complications for agencies and buyers.

keep up with the newest channel-impacting mergers and acquisitions in their M&A roundup.

ultimate 12 months, Symantec obtained Skycure, a cell danger defense (MTD) know-how that allowed the launch of Symantec Endpoint coverage mobile (SEP mobile). Appthority’s expertise might be developed into SEP cellular, extra enhancing Symantec’s capacity to present protection to the broadest spectrum of up to date endpoints and operating systems.

“Armed with Symantec’s … protection research and equipment, SEP mobile integrated with Appthority expertise is anticipated to convey essentially the most finished cellular threat defense answer, with improved app analysis capabilities, each in precise-time and on-demand,” said Anne Bonaparte, Appthority’s CEO.

each Javelin and Appthority partners can be invited to be a fraction of the Symantec Channel associate software, Sundaralingam observed.

“With their built-in Cyber protection platform, Symantec now stands as the best company that presents options that can protect concomitant and touchstone endpoints … at the machine, application, network, identity and cloud layers,” he noted.




Killexams.com ASC-029 Dumps and true Questions

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ASC-029 exam Dumps Source : ASC Enterprise Security 2010

Test Code : ASC-029
Test cognomen : ASC Enterprise Security 2010
Vendor cognomen : Symantec
: 70 true Questions

I got ASC-029 certified in 2 days preparation.
I asked my brother to provide me some advice concerning my ASC-029 test and he informed me to buckle up in view that i used to be in for a superb journey. He gave me this killexams.Coms address and advised me that changed into every I desired as a pass to figure inescapable that I easy my ASC-029 test and that too with proper marks. I took his recommendation and signed up and Im so delighted that I did it considering the fact that my ASC-029 test went stately and that i surpassed with proper score. It emerge as affection a dream near true so thanks.


it is unbelieveable questions for ASC-029 elevate a scrutinize at.
With best two weeks to head for my ASC-029 exam, I felt so helpless thinking about my negative practise. but, needed to bypass the check badly as I wanted to alternate my task. subsequently, i discovered the query and solution with the aid of killexams.com which eliminated my worries. The content material of the manual changed into flush and unique. The easy and brief solutions helped figure out the topics without difficulty. incredible guide, killexams. additionally took aid from ASC-029 official Cert usher and it helped.


Do the quickest manner to skip ASC-029 exam? i tolerate got it.
quality one, it made the ASC-029 smooth for me. I used killexams.com and handed my ASC-029 examination.


wherein can i am getting know-how modern day ASC-029 examination?
Killexams.com ASC-029 braindump works. every questions are true and the answers are correct. It is worth the money. I passed my ASC-029 exam terminal week.


these ASC-029 ultra-modern dumps works terrific within the actual test.
I ought to undoubtedly deal with 93% marks ultimately of the exam, as numerous inquiries were affection the adviser for me. a whole lot appreciated to the killexams. I had a weight from workplace to shatter up the examination ASC-029. but, i was careworn over taking a decent making plans in exiguous time. At that point, the killexams.com aide showed up as a providence for me, with its easy and brief replies.


Take odds brand original ASC-029 dumps, employ these inquiries to figure inescapable your achievement.
I handed the ASC-029 certification these days with the aid of your supplied Questions Answers. This combined with the direction that you tolerate to elevate to be able to swirl out to be a licensed is the pass to move. If you carry out but reflect that simply remembering the questions and solutions is every you need to pass properly youre wrong. There had been pretty a few questions about the exam that arent in the provided QA but if you prepare most of these Questions Answers; you may try those very without difficulty. Jack from England


Take capitalize modern-day ASC-029 exam and come by licensed.
Felt very arrogant to complete answering every questions for the duration of my ASC-029 exam. Frankly speaking, I owe this fulfillment to the question & solution by killexams.com The material covered every of the associated questions to eachsubject matter and provided the answers in brief and specific way. understanding the contents tolerate become easy and memorizing became no difficulty in any respect. i used to be likewise fortunate enough to come by maximum of the questions from the guide. delighted to pass satisfactorily. superb killexams


Dont forget to try these dumps questions for ASC-029 examination.
I had appeared the ASC-029 exam closing 12 months, however failed. It seemed very difficult to me because of ASC-029 topics. They had been truly unmanageable until i establish the questions & solution study usher by killexams. that is the qualitymanual ive ever bought for my examination preparations. The pass it dealt with the ASC-029 materials changed into terrificor even a behind learner affection me should elevate charge of it. exceeded with 89% marks and felt above the sector. thanksKillexams!.


ASC-029 examination isn't always any greater tough to pass with these .
The material turned into generally prepared and efficient. I could with out an abominable lot of a stretch recollect severa answers and rating a 97% marks after a 2-week readiness. Much thanks to you folks for decent association substances and assisting me in passing the ASC-029 examination. As a working mom, I had constrained time to figure my-self come by ready for the examination ASC-029. Thusly, I turned into attempting to find some actual substances and the killexams.Com dumps aide become the privilege decision.


it is first-rate impeccable to prepare ASC-029 exam with true exam questions.
I changed into alluded to the killexams.Com dumps as brisk reference for my exam. Really they accomplished a very wonderful process, I esteem their overall performance and style of operating. The quick-period solutions had been less stressful to dont forget. I dealt with 98% questions scoring 80% marks. The examination ASC-029 became a noteworthy project for my IT profession. At the identical time, I didnt contribute tons time to installation my-self nicely for this examination.


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ASC Enterprise Security 2010

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Broadridge fiscal Solutions Inc (BR) Q1 2019 Earnings Conference call Transcript | killexams.com true questions and Pass4sure dumps

Logo of jester cap with thought bubble.© The Motley Fool Logo of jester cap with thought bubble.

Broadridge fiscal Solutions Inc  (NYSE: BR)

Q1 2019 Earnings Conference Call

Nov. 06, 2018, 8:30 a.m. ET

Broadridge fiscal Solutions Inc

Contents:
  • Prepared Remarks
  • Questions and Answers
  • Call Participants
  • Prepared Remarks:

    Operator

    Good morning. My cognomen is Tavita, and I'll be your conference operator today. At this time, I would affection to welcome everyone to the Broadridge First Quarter Fiscal Year 2019 Earnings Conference Call. every lines tolerate been placed on mute to preclude any background noise. After the speakers' remarks, there will be a question-and-answer session. (Operator Instructions)

    Thank you. Mr. Thibault, gladden recede ahead.

    W. Edings Thibault -- Head, Investor Relations

    Thank you, Tavita. wonderful morning, everybody. And welcome to Broadridge's first quarter 2019 earnings call. Their earnings release and the slides that escort this call may be establish on the Investor Relations section of broadridge.com. Joining me on the call are flush Daly, their CEO; Tim Gokey, their President and COO; and their CFO, Jim Young.

    Before I swirl the call over to Rich, a few touchstone reminders. They will be making forward-looking statements on today's call regarding Broadridge that involve risks. A summary of these risks can be establish on the second page of the slides and a more complete description on their annual report on figure 10-K.

    We will likewise be referring to several non-GAAP measures, which they believe provide investors with a more complete understanding of Broadridge's underlying operating results. An explanation of these non-GAAP measures and reconciliations to their comparable GAAP measures can be establish in the earnings release and presentations.

    Let me now swirl the call over to flush Daly.

    Richard J. Daly -- Chief Executive Officer

    Thanks, Edings, and wonderful morning, everyone. I'll commence on coast four. Broadridge is off to a wonderful start to fiscal year 2019. They reported solid first quarter results and announced an necessary deal to build a next-gen wealth platform with UBS. They tolerate four items on their agenda this morning. First, I will commence with some quick highlights of their first quarter 2019 results. Then, Tim, will provide more information on the Wealth Management announcement and give you an overview of their operating results. Next, Jim, will review their financials and I will immediate with some parting words, including some thoughts on why I reflect the best is yet to near for Broadridge.

    There's a lot to talk about, so let's come by started. Broadridge reported solid first quarter results. Total revenues rose 5% to $973 million, propelled by recurring revenue growth of 5% and a 30% augment in event-driven revenues. Adjusted operating income rose 15% and margins grew by 110 basis points. Adjusted EPS aided by a lower tax rate and a higher excess tax capitalize from equity compensation rose 46% to $0.79. They continue to discern tough momentum in the marketplace. The sale to UBS that they announced terminal month for building next-gen front-to-back Wealth Management technology platform is a significant step.

    At their Investor Day terminal year, Tim and the team highlighted the opening they saw in the Wealth Management market and this agreement is an necessary proof point that Wealth Management can be a tough franchise commerce for Broadridge, alongside governance and capital markets. In addition, the size and scope of this deal on more indications that Broadridge is increasingly recognized as a transformation agent by the largest fiscal services firms in the world.

    Lastly, they remain on track to deliver the complete year 2019 fiscal guidance. It's early and I am pleased with how the nascence of the year has taken shape. Tim and his team are well-positioned and alive to to elevate Broadridge into the future starting on January 2nd.

    So let me now swirl the call over to Tim to participate some of his thoughts about the UBS deal and to walk through the first quarter results.

    Timothy C. Gokey -- President and Chief Operating Officer

    Thanks, Rich, and wonderful morning, everybody. Between signing a major strategic deal and delivering solid first quarter results, Broadridge is off to a wonderful start for the year. I'll commence my comments on coast five by discussing the UBS deal, because it's such an necessary milestone. I'd examine you to preserve in mind, three things as you reflect about the announcement that they will build a Wealth Management platform with UBS.

    First, it's a major milestone for the creation of the Wealth Management franchise at Broadridge.

    Second, a conclusion by UBS to colleague with Broadridge as the anchor client and the next-generation technology platform for the wealth industry testament to Broadridge's status as the Fintech leader trusted by leading global fiscal services players to deliver enterprisewide technology transformation.

    Third, this is just the beginning. Wealth Management industry is undergoing significant changes and they reflect Broadridge is especially well-positioned to aid their clients conform to meet those challenges.

    Now for the details. UBS is the anchor client for the original Wealth Management industry platform that they will build. Broadridge Wealth Management platform will be a next-generation open solution that will enable UBS and others as they note on to enhance advisor productivity, creating a superior client undergo and drive enterprise level efficiencies by mutualising investments in technology, innovation and security.

    The platform will bring together Broadridge's point capabilities across the front, middle and back office, along with other best-in-class capabilities on both UBS and other third-parties into a solitary platform. Broadridge's front-to-back solution will embrace a modernized advisor desktop, as well as order management, advisory, complete back office functionality and integrated work-flow across the entire enterprise to accelerate client on boarding and other key service tasks. It will be fully open with comprehensive real-time data fabric that enable connectivity to UBS' and third party applications.

    At their Investor Day terminal December, they said they thought they could build a third Broadridge franchise at Wealth Management. To carry out that, they knew they tolerate to transition from a suite of point solutions and integrated product set across the wealth managers front, middle and back office engage with UBS is a major step toward that goal.

    Beyond the strategic benefits for Broadridge, conclusion by UBS to colleague with us to provide next-generation and mission captious infrastructure is a powerful endorsement of their ability to deliver enterprise scale solutions for their clients. In the words of Tom Naratil, Co-President of UBS Global Wealth Management, quote, Broadridge is the only Fintech player with the proven technology, scale and undergo to deliver such a transformational solution, unquote. That's a tremendous statement of aplomb from an necessary client and key industry leader.

    It's likewise the direct result of the investment they tolerate made in developing platform technologies in their capital markets franchise. The data fabric and other capabilities they tolerate built in developing a global post-trade management platform are now evolving to power their wealth solution. They made a strategic conclusion to invest in and develop original technology capabilities so that they could meet the needs of the largest fiscal services players and that investment continues to pay dividends.

    Finally, while the deal with UBS is exciting, it's only one step in building a long-term growth engine for Broadridge for Wealth Management. They anticipate that to be in development phase of the platform, which will give us time to reach out to other major wealth managers to continue the evolution of Wealth Management and achieve pressure on the industry, and the Broadridge Wealth Management platform will presents a compelling value proposition, with firms that need to augment the capability and reduce the cost and complexity with their technology and operations.

    Now let's swirl to coast six to review their first quarter operating results. Overall, I am pleased with their results. They delivered solid recurring revenue grew across both their ICS and GTO segments, and they likewise benefited from tough mutual fund proxy activity. Most importantly, with one quarter in the books, they are on track to achieve their complete year guidance. I'll commence my review with closed sales.

    Closed sales were $18 million in the first quarter, down from $23 million terminal year. preserve in irony that they reported an exceptionally tough fourth quarter sales number with a meaningful fraction of that activity coming late in the quarter, which resulted in a fairly hushed start to the year. As always, the timing of major deals likewise plays a role on quarter-over-quarter comparison. With the signing of the UBS deal, which was not a first quarter event, they feel wonderful about where they are year-to-date from a closed sales perspective.

    Our Investor Communications segment continues to fulfill well, excluding cost Communications, ICS recurring fee revenues rose 14%, of which the biggest contributor was mutual fund and ETF interim. They likewise continue to discern tough claim for data and analytics products. The contributions of tough organic growth, as well as the acquisitions they made in FY18. Customer Communications revenues as expected declined from FY18 levels.

    Event-driven revenues were broad fraction of the ICS results this quarter. They saw one of the largest mutual fund complexes recede out for proxy in the first quarter, which helped drive the significant growth in event-driven mutual fund proxy revenues, that major (inaudible) behind us, they carry out not await to discern a similar level of activity in the remainder of the year.

    Now let's swirl to their GTO segment, which reported another tough quarter. Their commerce continues to capitalize from original client additions, as well as higher trading revenue and a growth of professional services revenues. Equity trading volumes across their platform increased by 19% and fixed income trades up 4%. Both of which contributed to their growth. The addition of the original clients in the platform remains the biggest driver of GTO's growth and we're working through their sound backlog to swirl their recent sales performance into revenue. They continue to figure progress in on-boarding several big clients and are making wonderful against their delivery commitments with their ability to build into the tangled global technology platforms for leading fiscal services firms over the the terminal few years that gave UBS the aplomb to colleague with Broadridge. So I'm very pleased to discern the team executing against these commitments.

    Next, I want to provide an update on recent regulatory events. As you recall, in June, the SEC requested comments on whether to review the fees broker dealers and Broadridge on their behalf charge issuers to deal captious mutual fund disclosures, as well as comments on how to modernize the design and delivery of these disclosures. That observation epoch ended on October 31st, Broadridge was pleased to participate their data and comments, and they scrutinize forward to any next steps the commission decides is appropriate.

    For their part, we're confident in the value proposition that they provide for the industry. By investing in digital technologies we've already reduced by 40% the total unit cost to deal these necessary regulatory communications to advantageous holders, including data processing fees over the past 10 years. Creating more than 4 million annual savings for the industry in 2018. The total unit cost of these communications to advantageous mutual fund shareholders were delivered by Broadridge including the regulated fees is 25% lower than identical communications to registered shareholders for fees that are unregulated.

    Keep in mind, this includes significantly higher complexity that they and their broker clients incurred for advantageous shareholders in integrating holding data across funds, addressing the managed accounts and protecting the security of this highly sensitive account information.

    Going forward, continued growth, they believe implementation of rule 30e-3 and other original ideas affection enhance notices and summary reports can create hundreds of millions of additional annual industry savings. By applying the complete scope of their digital capabilities, they continue to raise the level of date for fund shareholders, while simultaneously reducing their costs. That's exciting for us and they reflect it's compelling for their clients, for funds and for the commission.

    There's likewise an SEC round table events scheduled for next week to argue the complete sweep of proxy related topics. As a remainder, round table bring together industry participants and can be helpful a resource for original ideas, but they are not fraction of any formal regulatory process. They are always alive to to engage with the SEC and others, and how Broadridge can employ technology to reduce costs and augment retail shareholder engagement. So we're looking forward to presenting at the round table to highlight how Broadridge in the brokerage industry can invest together and continue to invest together to better engage and inform investors for driving down the cost of communications.

    So to sum up, Broadridge is off to a wonderful start in 2019. The UBS deal is a major step forward in building a Wealth Management franchise and an necessary validation of the team strategy to focus on that market segment. Broadridge reported solid first quarter results with ICS continuing to capitalize from tough underlying growth and GTO continuing to grow at a equable pace. They are on track to achieve their complete year fiscal guidance and on track to achieve the three-year fiscal objectives they laid out at their Investor Day terminal year. And finally, Broadridge continues to be well-positioned to drive growth for the long-term.

    Before I swirl the call over to Jim for review of their financials, I want to thank their more than 10,000 associates for their difficult work and dedication to the service profit chain. I likewise want to a flash to thank Rich. flush you tolerate been a tremendous leader for their entire company and a stately friend and mentor to me personally over the past eight years. Broadridge is in a tough position with a stately culture and an exciting future ahead of us. That is a direct result of your leadership and mission. So thank you for that and thank you for agreeing to remain on in your original role as Executive Chairman.

    Now let's recede to Jim.

    James immature -- Corporate Vice President and Chief fiscal Officer

    Thanks, Tim, and wonderful morning, everyone. Before reviewing their first quarter results, I will figure a few call outs. First, wealth, the UBS win, when reported will augment their backlog meaningfully, while the development work to stand up this platform will be a employ of cash nascence this fiscal year, they carry out not anticipate any revenue until 2021. Their growing backlog give us wonderful visibility into their medium to longer term revenue growth.

    Second, tax, their tough operating performance was boosted by the double effect of the complete capitalize of a lower corporate tax rate from the Tax Act and higher excess tax capitalize a year ago. These tax benefits account for approximately 30 points of their 46% adjusted EPS growth.

    Third, the original revenue recognition touchstone or ASC 606. Their first quarter results reflect the adoption of the original revenue accounting standard. The accounting impact on recurring fee revenue growth from ASC 606 was modestly negative in the first quarter. Overall, they await the original touchstone to tolerate insubstantial impact on the complete year revenue growth. The original touchstone will, however, impact the quarterly comparison and they tolerate provided some data today that should aid you to quarterize your estimates.

    Fourth, a remainder about the volatility of event-driven fee revenue. The tough 30% growth in the first quarter's event-driven revenue includes a big mutual fund proxy that was anticipated in their guidance. Looking ahead to the second quarter, they await a 40% to 50% decline in event-driven activity, as they lap an exceptionally tough quarter in the prior year. A complete year outlook for event-driven revenues remained unchanged, as they continue to await the 2019 event-driven revenues will be 10% to 20% below the record 2018 levels.

    Fifth, and final guidance, with this wonderful start to the year, they reaffirm their fiscal year 2019 guidance.

    As they meander to coast seven, let me expand a bit on the original accounting touchstone impacts on Broadridge's recurring fee and event revenue. First, they await the complete year impact from this accounting change to be neutral to recurring fee revenue growth.

    Second, in the first quarter there was a modestly negative impact 1 point of growth from the original accounting touchstone on recurring revenue growth. In the second quarter, they await a modestly positive impact.

    Third, the most significant impact will be in the third and fourth quarters, when they await a big amount of regulatory communications revenue to shift from the fourth quarter to the third quarter, a inescapable deferral conventions will no longer be applied under original standard. They tolerate provided a pro forma revenue view of fiscal 2018 under ASC 606 by quarter, by revenue sort and by segment to illustrate the expected impact of this original standard. You can find these pro forma views on pages 15 and pages 16 in the appendix of this presentation. This maybe particularly helpful in calibrating the quarterization correlation of your estimates.

    Fourth, the original touchstone similarly impacts event revenue, but given the inherent volatility of event revenue they don't believe is helpful to assess event for total revenue growth using the pro forma view.

    Now, let's come by to the revenue drivers, starting with total revenues, total revenues grew 5% to $973 million, with growth across the Board in recurring fee revenues, event-driven and distribution. Event-driven activity was very tough in the first quarter, rising 30% to $77 million with a big mutual fund proxy contributing to this growth.

    Recurring revenues grew 5% in the quarter. Organic revenue growth contributed 4 points to growth, on boarding of original commerce or closed sales as shown here was the largest contributor, an additional point of growth came from acquisitions made in their ICS segment in fiscal 2018.

    Finally, the impact from the original revenue recognition touchstone was negative 1 point to recurring revenue growth in the quarter.

    Turning to coast eight. Adjusted operating income rose 15% to $123 million in the first fiscal quarter of 2019. Growth was driven by higher organic recurring and event-driven fee revenues and the conducive margin profiles of trades and event-revenue. This tough growth translated into 110 basis points of margin expansion to 12.6%.

    Adjusted EPS was 46% or $0.25 a participate to $0.79 a participate in the first quarter, approximately $0.09 or 17 points of growth came from the tough growth in operating performance with the equipoise coming from a lower tax provision. Broadridge efficacious tax rate fell to 14% in the first quarter from 33% terminal year. The lower tax provision was a results of two factors.

    First, the complete capitalize of the lower corporate tax rate from the Tax Act, which was not in effect a year ago, excluding the ETB, their reported tax rate was 22%. They continue to await that their complete year tax rate, excluding ETB will be 24%.

    And secondly, the impact of their higher ETB in the first quarter. The ETB was 7 million in the first quarter, up from 1.5 million a year ago. They continue to appraise that their complete year ETB will be $25 million, down from $41 million in 2018. Excluding the excess tax benefit, which can fluctuate significantly from both the current epoch and the prior period, adjusted EPS growth was 40% in the first quarter as they tolerate seen in coast 14 in the appendix.

    Turning to coast nine. I will now argue the first quarter performance of ICS and GTO segments. Their ICS segment total revenues rose 5% to $766 million in the first quarter, driven by higher event-driven, recurring fee and to a lesser extent distribution revenues. ICS recurring fee revenues rose 4% to 347 million, which included 2 points from acquisitions made in fiscal 2018. Event-driven revenues rose $18 million to $77 million. Event-driven might helped to drive a nice pickup in the ICS segment margins. ICS earnings before taxes rose 29% to $59 million, mainly from the elevated levels of event-driven activity.

    The GTO commerce continued to fulfill well. GTO recurring revenues rose 6% organically to $228 million. The largest contributor to organic growth was internal growth with robust equity trading volumes. likewise original revenue additions from sales maintained a sound pace as Broadridge continues to extend the reach of capital markets franchise.

    Moving to coast 10. Free cash flood is seasonally negative in the first quarter and that was again the case in fiscal 2019. Broadridge generated free cash flood of negative $111 million in the first quarter. In the quarter, Broadridge invested $16 million in capital expenditures and returned $42 million to shareholders in the figure of the quarterly dividend. They did not undertake any participate repurchase activity in the first quarter.

    Let's swirl to guidance on page 11. Their fiscal year 2019 guidance is unchanged. They continue to await recurring fee revenue growth to be in the sweep of 5% to 7% and total revenue growth to be in the sweep of 3% to 5%. They await their adjusted operating income margin to be approximately 16.5%, up about 60 basis points from fiscal 2018. They await adjusted EPS growth to be 9% to 13%. They await free cash flood to be in the sweep of $565 million to $615 million. They await closed sales to be in the sweep of $185 million to $225 million, which they await will embrace UBS wealth sales announced in October.

    Finally, as you reflect about Q2, gladden note that they await event revenues to be down sequentially and year-over-year. And accordingly, they await that earnings will be down significantly both sequentially and year-over-year.

    So to sum up, they are off to a wonderful start to fiscal 2019 and they remain on track to deliver their complete year guidance. And importantly, they are likewise on track to meet their current set of three-year objectives which conclude in 2020.

    As I hand the call back to flush for the terminal time, I too want to express my thanks to Rich. Rich, I will be forever grateful for your leadership, your partnership and your mentorship. It has been an absolute privilege.

    Richard J. Daly -- Chief Executive Officer

    Thanks, Jim. This is my 47th and terminal earnings call as CEO of Broadridge. I'm delighted that Tim has encouraged me to remain on as Executive Chairman. In my original role, I will manage the Board and work with Tim on specific issues, which I tolerate a dependable passion, including digital adoption and working to engage retail investors. My original activities will in many ways elevate me back to my entrepreneurial roots, when I focus less on the day-to-day management of the company and more on value propositions to evolve the governance marketplace, to create opportunities for their commerce and to ameliorate the effectiveness and efficiency of the process for brokers, issuers, funds and regulators.

    I strongly believe, both as an associate and a shareholder that the best is yet to near for Broadridge. The verisimilitude is that I am more excited about the future of their company today than when I sat down in my extra bedroom 30 odd years ago to write the first commerce pass for their communications business. The opportunities for what Broadridge does today are bigger than ever. My aplomb is driven in fraction by the near-term growth path I discern ahead, much of which is already in their revenue backlog.

    As CEO, my aplomb likewise comes as I scrutinize further ahead, where I discern clear intangible growth opportunities for Broadridge in governance, capital markets and now Wealth Management. They tolerate the privilege strategy, the privilege products and the privilege investments to ensure that they can deliver value to their clients today, more value tomorrow and even more value in five years. They likewise tolerate Tim Gokey, the privilege next CEO and a tough and profound management team to lead their company to that next level of growth.

    There is another less tangible reason, why I reflect Broadridge is well-positioned for the future. One of the stately lessons of my career is the import of corporate culture to their success as a company, especially over the long-term. Never underestimate the power of engaged associates. At Broadridge, the core of their culture is the service profit chain, through which highly engaged associates deliver superior service, generate tough commerce performance and create shareholder value. It takes engaged, dedicated and knowledgeable associates to serve clients well and to create true and sustainable competitive odds and value.

    Broadridge understands this and they are committed to a culture of service and performance. They strive to be an the employer of selection and are passionate about creating an environment in which every associate can drive, build their lore and skills, and be rewarded for doing so. They carry out this in a pass that puts the client first. They view every client as a 100-year client and client satisfaction is the common metric against which every one of their more than 10,000 associates is compensated. That focus on delivering value is recognized by their clients.

    It is no coincidence that they are consistently rated as a top provider, which in swirl creates greater loyalty and willingness to carry out more commerce with Broadridge. So the next time you reflect about the import of a 97% plus retention rate or you consider what growth rate to achieve in your model, recall that beneath those numbers lies a collective focus on serving their clients by their associates. I know Tim shares my fervor for this subject, which is a key intuition why he is such a tough leader.

    Another factor driving my optimism about Broadridge is more tangible and that is the consistent focus they tolerate made on investor. One of my stately satisfactions as CEO has been the augment in Broadridge's level of investment in products and people over the terminal few years. I've seen every too often the negative impact that comes from placing too broad a focus on maximizing short-term results, not at Broadridge.

    We tolerate invested in their people to strengthen and deepen their management team and ameliorate their employee benefits. They tolerate invested in their products, as well as they tolerate built their capital markets franchise and broaden the suite of services they present to their governance clients. Their investment in global post-trade management platform in extending their data services and enhanced content for regulatory reporting in digital and identifying unique network opportunities in areas affection fixed income tolerate clearly positioned us in their clients minds as an necessary and long-term player who they can reckon on.

    Some of their investments are expected to tolerate a rapid payback period. Others affection blockchain are longer term. Not every of their investments will be successful, but every are important. They will drive the innovation and capabilities that will fuel their future growth and they are a clear signal to their clients that Broadridge will stand behind its solution and continue to conform and evolve to meet their captious needs going forward.

    Our focus on building a tough and client-focused culture, and their capacity to invest shareholder money today against future growth, along with their strategy and a profound management team, as well as their track record of execution, we've been more optimistic than ever about Broadridge's growth prospects. I am looking forward to watching Tim and the team deliver on that opportunity.

    As always, I want to thank their associates for the work they do. As I said earlier, it is necessary and the captious factor in their success. I likewise want to thank every of you on the call today. When I became CEO, many people told me that dealing with analysts and investors would be among the most frustrating parts of my job. To the contrary, I establish it to be one of the most engaging. Working with the Street has made me a better manager and helped me sharpen my points of view on Broadridge's value proposition. On a personal level, I enjoyed my interactions with analysts and investors over the past decade plus. So, thank you. The work you carry out is necessary for us and for their shareholders.

    With that, let's open the call for your questions. Tavita?

    Operator

    {Operator Instructions} First question comes from the line of David Togut with Evercore.

    David Togut -- Evercore ISI -- Analyst

    Thanks. wonderful morning and congratulations, Rich,

    Richard J. Daly -- Chief Executive Officer

    Thanks, Dave.

    David Togut -- Evercore ISI -- Analyst

    Jim, you indicated that revenue and earnings would be down sequentially in the December quarter, now that event-driven is actually expected to decline sequentially. Could you aid us dimension this, clearly event-driven was much better than expected in the September quarter. How should they be thinking about the December quarter in terms of revenue and earnings impact?

    James immature -- Corporate Vice President and Chief fiscal Officer

    Yeah. Event-driven, Dave, is going to be down off of an awfully broad Q2 of terminal year, that will certainly achieve pressure on total revenues for the quarter. They would await those to contract rather off of terminal year's results and then that in swirl will drive the contraction both sequentially and year-over-year in earnings.

    David Togut -- Evercore ISI -- Analyst

    Okay. carry out you wanted to mention that at all?

    James immature -- Corporate Vice President and Chief fiscal Officer

    Dave, I mean, down over terminal year, obviously, we're much more or in terms of their complete year guidance, just given the volatility and event, I want to figure confident you are watchful of that. But you can reflect of revenues down in the single-digit to low double-digit growth rates.

    David Togut -- Evercore ISI -- Analyst

    Got it. And just as a quick follow-up. Where carry out you stand with the on-boarding of the largest equity and fixed income trade processing client that you've signed?

    Timothy C. Gokey -- President and Chief Operating Officer

    Hi, Dave. Hey, Dave, it's Tim Gokey. That project is continuing to proceed very well. It has a number of phases. It will not strike revenue this year. It will commence to strike revenue next year.

    David Togut -- Evercore ISI -- Analyst

    Understood. Thank you very much.

    Richard J. Daly -- Chief Executive Officer

    And Dave, as fraction of that aplomb I talk about, about that revenue backlog, as they scrutinize forward to the future and yet I tolerate every these stately investments that are continuing to generate original activities.

    David Togut -- Evercore ISI -- Analyst

    Got it. Thank you.

    Operator

    Your next question comes from the line of Darrin Peller with Wolfe Research.

    Darrin Peller -- Wolfe Research -- Analyst

    All right, guys. Thanks. Rich, I'll protest the same, it's going to -- we're going to miss having you on these calls, but thanks for everything. Guys, let me just start off, hey, when I scrutinize at the overall growth profile and they back out the event-driven, I mean, obviously, higher trading levels and activities still contributing a lot. I mean, first of all, can you give us some color on your thoughts on that first, in terms of the position growth potential and sustainability around that, and what you're seeing in the market and what you expect?

    And then, secondly, if they were to just scrutinize at the recurring revenue side, either segment, was there anything that surprising you to the upside or downside in terms of the growth rates of either one of them. I mean, it looks affection there are more or less in line with what you guided. But I'd be curious to hear, if there's any puts and takes or positives and negatives on each?

    James immature -- Corporate Vice President and Chief fiscal Officer

    Darrin, this is Jim. What was that? Can you just repeat that terminal part, the terminal fraction of your question?

    Darrin Peller -- Wolfe Research -- Analyst

    Just if they scrutinize at pure recurring revenue, putting aside the --

    James immature -- Corporate Vice President and Chief fiscal Officer

    Yeah.

    Darrin Peller -- Wolfe Research -- Analyst

    -- event-driven revenue, which obviously had a massive swing. Just purely event -- recurring revenue rather the 4% growth in the ICS, I mean, was there anything around that in particular that would tolerate -- that surprised you either direction?

    James immature -- Corporate Vice President and Chief fiscal Officer

    Sure. So as you said, I would protest the recurring revenue growth, I think, the call outs are one for us. We're very focused on that sales additions number and when you come by 7 rates (ph) of growth coming from sales, that's right, the zip code, where they want to be. So that's very much in line as they can carry out that sales. They continue to reflect on an absolute basis, their revenue additions will grow throughout the year. That's the model of the backlog that flush was just referring to. So that very much in line. Really no call out on losses, been pretty equable especially with the communications commerce impact on that number. As you come by to -- as you can discern there were ins and outs between the two segments where you had tough internal growth, coming from the GTO side, largely trade-driven offset by --

    Darrin Peller -- Wolfe Research -- Analyst

    Yeah.

    James immature -- Corporate Vice President and Chief fiscal Officer

    -- some communications related volumes in ICS. Now it's early in the year, but obviously, we'd affection to discern continued lofty single-digit growth in the interim stock record growth, 14% equity stock record growth is great, but it's the first quarter, it's a tiny quarter, but I'll elevate that over the alternative. So we're snug there. So as they scrutinize at this, internal growth is always going to tolerate puts and takes, and so sort of we've always thought long-term, a neutral to 1 point sort of contribution is healthy. So we're privilege on track for that sort of contribution this year, as always it's going to near down to their ability to on-board sales throughout the year and increasingly bigger numbers.

    Darrin Peller -- Wolfe Research -- Analyst

    Okay. every right. That's helpful. Let me just follow-up on the UBS side. Again a very big and incremental win from a bookings standpoint. I guess I'm just curious if you can give us a exiguous bit more color on what this is that you're really going to be able to -- affection how are you going to build around this. What's the potential for using this as the ground client dimension and then adding incremental clients to it over time. I know you've talked a lot about wealth as an opening for a long time now. I'm just curious what this does to change that if anything?

    Timothy C. Gokey -- President and Chief Operating Officer

    Sure. Darrin, it is Tim Gokey. And as you know they reflect the opening in wealth is that the industry is changing quite a bit. It is creating a lot of needs for the brokerage industry, particularly the top 25 broker dealers, and there's no true skill technology player serving to wealth industry. And so, as people reflect about evolving your technology, given the position of either having to build it themselves or of buying a bunch of point solutions and having to integrate those together and preserve them in synchrony with each other and figure them work and that is very expensive. So they reflect the opening over time to build an ecosystem and everyone is going to want to carry out transformation the pass UBS. But to build the --

    Darrin Peller -- Wolfe Research -- Analyst

    Yeah.

    Timothy C. Gokey -- President and Chief Operating Officer

    -- ecosystem over time they can buy a part, but the more you buy the better it is, because it every works together already. It is already integrated. As they talk to people in the industry about that value proposition they come by very, very positive feedbacks.

    Darrin Peller -- Wolfe Research -- Analyst

    Okay.

    Timothy C. Gokey -- President and Chief Operating Officer

    So, with this UBS announcement, obviously, we've had a lot of interest in terms of transformational conversations, those conversations are along and the timing is difficulty -- difficult, but the true capitalize is that with this investment they will be able to bring every of their different solutions closer together so they interoperate and that should aid sales across their entire suite.

    Darrin Peller -- Wolfe Research -- Analyst

    Okay. Just terminal quick one and I'll swirl it back to the queue. But Jim the customer communication side, I mean, are you still on track for after those couple of clients recede their pass and you anniversary that to be able to grow that commerce in the low-single digits again or?

    Timothy C. Gokey -- President and Chief Operating Officer

    Yeah. So, Darren, they did talked about their expectation for this year, contraction again for that business. They remain optimistic about their ability to sell their pass into growth as they scorch off some of these losses, the market opening remains large. But as they reflect back to benign of their goals in terms of achieving synergies, we've done that and are going to exceed that, and then that second pillar that we're really tackling is winning larger in-house deals and that's still in progress.

    Darrin Peller -- Wolfe Research -- Analyst

    Yeah.

    Timothy C. Gokey -- President and Chief Operating Officer

    Although, we've been meeting their sales plans out of the gate. So their goal is to transmute that and then similarly they reflect they can come by this back to a point of low single-digit growth with the longer term goal of really making this a tough digital play.

    Darrin Peller -- Wolfe Research -- Analyst

    Okay. That's stately to hear guys. every right. Thanks very much.

    Operator

    Your next question comes from the line of Peter Heckman with Davidson.

    Peter Heckman -- D.A. Davidson & Company -- Analyst

    Hey. wonderful morning, everyone. Just following up on UBS, true necessary anchor client. In terms of talking about the total investments there, tolerate you quantified that number and carry out you anticipate partnering with anyone? I know you tolerate a number of point solutions privilege now, but in terms of areas affection portfolio reporting, rebalancing, are you really looking to build your own or reckon on some partnerships?

    Timothy C. Gokey -- President and Chief Operating Officer

    Yeah. Pete, this is Tim Gokey. They tolerate definitely quantified the investment in extreme detail and it was definitely lot of the work that they tolerate done with UBS to come by to this point. I reflect because it is a multi-year build and because they are partnering with them, I don't reflect you will discern really measurable or significant impacts on their cash flows as a result of this. It is a significant investment but it is something that I reflect you will discern it works sort of within the commerce more broadly.

    In terms of the different components and which things are building versus leveraging, I carry out reflect that with the advanced technology, the ability to tolerate an open API driven architecture allows people to really tolerate the best of every world. So they are definitely going to be supplying some of the core components and container, and data fabric, UBS is going to be building some components and they will be integrating third-party components. And I reflect that creates a future for wealth managers where they can really assemble a suite of things that interoperate because the integration framework is provided. So that something that we're very excited about, they reflect it will play very well.

    Richard J. Daly -- Chief Executive Officer

    Pete, this is Rich. This goes to my comments and I specifically achieve in my script about I feel arguably best about the long-term pass they sprint this commerce and their focus on investing in the future. So a lot of what Tim is talking about is under his leadership things that we've been doing already and so this platform that Tim and the team tolerate presented and will execute against the UBS is so dramatically different than the company they started with over a decade ago and the offering they started with over a decade ago. And a wonderful fraction of what we're doing to come by here, they together with their shareholders tolerate had on their sprint rate to create a company this tough with opportunities going forward are tough across every of Broadridge.

    Peter Heckman -- D.A. Davidson & Company -- Analyst

    That's great. That's great. Thanks. And then just a succeed up on, can you just maybe outline and maybe there's not enough precedent to totally outline the timeline for the SEC review, the twin reviews of mutual fund fees and the overall proxy process, and how long carry out you reflect it will elevate to play out and then is there a pass to benign of quantify the sweep of outcomes between cuts in fees and existing services, original services with original fees, potential introduction of partnerships. Is there any pass to quantify that the sweep of outcomes from the SEC review?

    Timothy C. Gokey -- President and Chief Operating Officer

    Sure. Peter, it's Tim Gokey. So when they went through this just to talk about the sweep of what the timeline looks like. When they went through this previously, the topic opened before 2010, when I arrived here and when I arrived in 2010, it was in complete swing. The Proxy Fee Advisory Committee that was appointed by original York Stock Exchange did that work over a few years and went back to the SEC. The final rules came in plot in January 2014. So that was a four-year process in that case. So these processes can recede on. In this case, the SEC is looking for observation and whether they should be even initiated a process. So they don't know whether there will be a process or not. So that is fraction of -- a fraction of what discussion was. And when you scrutinize at the timeline around the 30e-3 that was likewise a three-year to four-year process. So these things carry out watch to recede on.

    In terms of quantification of the impact, the -- and this is in their letter to the SEC that the total fee for the portion that they tolerate asked for observation on that they invoice terminal year was $150 million. So, there could be some up or down on that $150 million, you could achieve your own percentages on that. I will note that with the implementation of 30e-3 they are expecting to discern additional fees as they aid the industry with a -- in the fee (ph). So I reflect again for us the true goal here is to continue to apply digitization and to apply to technology to ameliorate the investor undergo and to reduce costs of the industry overall. And it's involving because they can discern very clearly before us, probably, the next $500 million of opening in annual savings for the industry, which is more than 3 times the fees that are being generated today. So they reflect that that power is continuing to elevate cost out across the entire ecosystem really demonstrates a value that they can create as central player here.

    Hey, Pete, if you recede back to guys affection you, who with us from the very beginning, drawing the roadshow when they spun, they had the potential rollout notice and access for proxy and lots of people were saying, oh, gees, that going to erode, the value of Broadridge and what does that stand for to the future. I was very confident than in saw that the opening to apply technology was going to figure this process better of every involved, right. I had no expectation that the evolution they went through would be as tough as this.

    So let's achieve things in context. Back then as Tim pointed out, their value proposition today is very strong. But back then the cost of service a Street investor was because every the addition work that needs to elevate plot on the Street side and the related fees, was higher than the corresponding cost to serve as a registered account which would be a static list for the company.

    Now let's forward to where they are today. The Street investors whether it be for equities or for funds, that cost to service the communications to them is dramatically lower. I think, Tim, pointed out earlier, 25%, right. So it's a pretty nice plot to be, right, to be going in fixed rate (ph), my analogy is as follows. reflect about going into a budget meeting, call it the biggest one in the world for the country, OK. Where they went from trillions in deficit to trillions in surplus. That's what Broadridge has achieved in this process over the terminal decade. They went from being more expensive with dependable recognition that it was more complicated, but that technology mattered and they could probably drive cost out. We've driven cost out to the point where it is dramatically cheaper and they will continue to be dramatically cheaper than the people who are paying the bills or achieving on the cost of servicing their own accounts. This is one heck of a position of strength, right.

    The true opening and the thing I'm excited to be doing as they recede forward, let's now meander this to the next phase of the dialogue of how carry out they figure investors more knowledgeable, more engaged, participate more in governance, OK. And as Tim pointed out, we're going to carry out that every at a lower cost still. So we're really looking forward to whether it would be round tables or these dialogues, every right. And this isn't original for us, we're arrogant of what we've done, but the investments I talked about earlier positioned us, OK. As Tim showed to elevate this to the next level of cost savings, but as importantly to someone affection J. Clayton and his goals for retail date they can lower the cost and raise the date levels with technology as they recede forward. And let me be clear, with the only ones I discern with the level of technology that they are rolling out privilege now despite some hearsay from other people.

    Operator

    Okay. Their next question comes from the line of Oscar Turner with SunTrust.

    Oscar Turner -- SunTrust Robinson Humphrey Capital Markets -- Analyst

    Hi. wonderful morning, guys.

    Timothy C. Gokey -- President and Chief Operating Officer

    Hi, Oscar.

    Oscar Turner -- SunTrust Robinson Humphrey Capital Markets -- Analyst

    So another question follow-up question on Wealth Management. I was wondering at a lofty level, can you provide any color into what benign of long-term revenue opening this Wealth Management partnership represents and how carry out you reflect about this original platform as a revenue opening relative to the size of your Wealth Management commerce today?

    Timothy C. Gokey -- President and Chief Operating Officer

    Sure. Oscar, this is Tim Gokey. They mentioned their overall Wealth Management commerce when they spoke at their Investor Day terminal year on the order of $400 million and this opening is definitely apropos in the context of that. They don't observation on individual contracts and so I can't give a specific number, but it is definitely a apropos number. I reflect what it is more apropos is how it sets the stage for other transformational opportunities affection this and for increasing the sales of their overall Wealth Management suite by doing things more together. Wealth management has been one of their faster growing areas over the past few years. We've had that revenue growth and that has been definitely in the above overall Broadridge and in the low-double digits. So they feel wonderful about their ability to grow this overall fraction of their commerce and at their next Investor Day to be talking about the progress that we've made there.

    Oscar Turner -- SunTrust Robinson Humphrey Capital Markets -- Analyst

    Okay. Thank you. And second question is just on the other ICS segment win -- ICS. Can you provide any color on the organic growth in that sub-segment this quarter and then likewise color into what drove that might seems to be -- continue to be additive to growth and not really reliant -- not as reliant on trading levels on some of your other segments?

    James immature -- Corporate Vice President and Chief fiscal Officer

    Oscar, this is Jim. recall in that other area, you've got a lot of their data and analytics commerce that Tim talked about, that's been driving the lion's participate of the growth and the organic piece of that. There are -- obviously there is some inorganic pieces in there, that's where we've added some additional data and analytics businesses terminal year, as well as some investment in the issuer space, which has added growth to the -- which has added growth to that area. But if you scrutinize at sort of the organic piece of that, it really is a data and analytics story, which is terrific. That's been an area of true investment for us. So that's the source.

    Oscar Turner -- SunTrust Robinson Humphrey Capital Markets -- Analyst

    Okay. Thank you.

    Timothy C. Gokey -- President and Chief Operating Officer

    And I'll just add on it -- I will just add onto that, which is, they are very excited about the data and analytics building commerce that we're building, largely serving the fund industry, but really serving asset management more broadly, there's a whole opening out there, because today the data that asset managers need to manage their overall commerce in terms of sales and product management they tolerate to stitch together different pieces from institutional channels, from retail channels, from North America, from the comfort of the world. And the vision that is when (ph) their leader that tolerate is to really create that sort of universal dataset that covers every those and really saves big institutions a lot of costs from trying to stitch these different pieces together. So they reflect that's the vision with a lot of relates that for overtime.

    Oscar Turner -- SunTrust Robinson Humphrey Capital Markets -- Analyst

    Okay. That's helpful. Thank you.

    Operator

    Your next question comes from the line of Chris Donat with Sandler O'Neill.

    Christopher Donat -- Sandler O'Neill Partners -- Analyst

    Good morning. Thanks for taking my questions. Wanted to examine one more on UBS for Tim. Just in terms of thinking about how the milestones scrutinize going forward affection how they can track success, should they be thinking about looking for things affection original partners joining the platform affection other banks and brokers or completed pieces of it or expansion outside the United States just what sort of benign of qualitative things should they await as indicators of success?

    Timothy C. Gokey -- President and Chief Operating Officer

    Chris that's a stately question. Thank you very much for asking. I reflect always in a long-term project of this nature having those interim markers is important, having those that are externally available is more challenging. I reflect this is something they will definitely preserve you up to date on as they recede through in terms of their progress. And the -- it is -- I reflect that as they -- in terms of original partners that is on the nature of what I mentioned in terms of the people looking for a transformational approach and those conversations are always long in fact from the timing is always hard. So if they were to announce an additional colleague that would definitely be a very positive indicator, but if they don't announce one before this goes live, I wouldn't elevate that as an indication that we're not having success they want to, because of what I said before about the augment they await in the sales of their individual point solutions that are going to be great.

    Christopher Donat -- Sandler O'Neill Partners -- Analyst

    Okay. That's helpful. And then for Jim just in terms of the guidance that you gave in August for closed sales. At that point and when you gave it did that incorporate UBS being signed or was that something that's benign of just in the broader mix?

    James immature -- Corporate Vice President and Chief fiscal Officer

    Chris, this is Jim. Just three comments, and Tim, can add on, which is clearly UBS didn't sneak up on us. So they had contemplated this sort of deal in the year, but you always got to scrutinize at big deals that meander or change shape or the like. So every that they elevate into account as they reflect about the complete year, but obviously, starting the year with this sort of opening give us better visibility, but they still tolerate a long ways to go.

    Christopher Donat -- Sandler O'Neill Partners -- Analyst

    Okay.

    Timothy C. Gokey -- President and Chief Operating Officer

    It's Tim. Just adding on to that, just as Jim said, given the timing of these things, I mean, you reflect you're disclose and then it takes an additional entire year. So you always carry out tolerate to tolerate some sort of discount factor in there even when you reflect you're very close. What they carry out know is they feel very wonderful about their overall pipeline for the remainder of the year. They never really address sales guidance until it happens, so we're not making any comments about that, but they feel solid about the year and this win certainly increases their confidence.'

    Christopher Donat -- Sandler O'Neill Partners -- Analyst

    Okay. And then just wanted to give my best wishes for flush on the next phase here, but likewise point out that now flush you set the bar benign of lower for us analyst is being frustrating for Tim. I stand for they came in below but --

    Richard J. Daly -- Chief Executive Officer

    I meant what I said, Chris. I really luxuriate in the interface and look, they tolerate and will continue to tolerate stately transparency. They respect what you guys carry out and I thought it was terrific. So thank you.

    Christopher Donat -- Sandler O'Neill Partners -- Analyst

    Okay. elevate charge gen (ph). Great, Rich, Jim and Tim especially.

    Timothy C. Gokey -- President and Chief Operating Officer

    Thanks. Thanks, Chris.

    Operator

    Your next question comes from the line of Patrick O'Shaughnessy with Raymond James.

    Patrick O'Shaughnessy -- Raymond James -- Analyst

    Hey. wonderful morning and congratulations, Rich. Maybe a question on the SEC comments that were filed. The ICI is proposing that the SEC allow funds to hire the vendors that fill their regulatory communications instead of the current infrastructure where the higher conclusion is up to the broker dealers. Is that even a feasible alternative to the current infrastructure?

    Timothy C. Gokey -- President and Chief Operating Officer

    Hey, Patrick. It's Tim. Thank you. Thank you very much for asking that question. And before I acknowledge that, one thing I carry out want to protest is that they were -- we're pleased that there are some necessary areas of agreement between us and ICI in their letter. They both correspond in the value to investors of some of the content and how that can lead to a higher level of date and that's an necessary shared view. And they were pleased that they recognized, although, it wasn't until profound in the reports, but they recognized in their report that the total unit cost is lower on the advantageous side and so they were pleased with that.

    We were -- I reflect we're a bit surprised with their proposed approach and they were surprised that they really chose to elevate on their broker dealer distribution partners. So I feel strongly. I'll hit both of those. So, in terms of the approach of not having a central distribution party. Something affection this was a proposed by the Stock Transfer Association in 2010 at the nascence of the terminal process. And the Processes Advisor Committee looks that in some detail and really determines that it was not workable and that it would be disruptive for the industry and so really recommended going into different direction.

    I reflect the other surprise was that at ICI sort of taking on the broker distribution partner, broker, dealer distribution partners by, first of all, suggesting that they participate their entire client list with the funds that when they give those client lists over to funds and the mailing houses that the brokers remain accountable for the cyber risk and that the brokers would no longer be reimbursed for substantial profit they incurred on the funds they have. So that was in fact surprising to us. They don't reflect that's that workable. But irrespective their approach is to really scrutinize forward to work with their fund clients, their broker clients, mission to meander things more positively. And as they said, they believe through technology they can augment investor engagement. They can build on the 40% savings that we've already created in the past 10 years and they discern savings for the industry, annual savings of another $500 million, which is more than 3 times the total piece today.

    Patrick O'Shaughnessy -- Raymond James -- Analyst

    Great. That's very helpful. Thanks Tim. And then for my succeed up, I guess, I should likewise examine a question about UBS. Was that when an open and competitive RFP process?

    Timothy C. Gokey -- President and Chief Operating Officer

    Yes. Patrick, it was a very, very extended process with ourselves and the number of others -- some others that are in their industry, some other technology firms that are not in the industry today and UBS really looked very extensively. And I reflect this is one of the things that really pleases us is that after an extensive process we've scrutinize at really everything that is out there and everything that's available and after extensive process they chose to colleague with us, that they were sometimes a very tough endorsement of their track record, their capabilities and their strategy.

    Patrick O'Shaughnessy -- Raymond James -- Analyst

    Great. Thanks so much.

    Operator

    Your next question comes from the line of Puneet Jain with J.P. Morgan.

    Puneet Jain -- J.P. Morgan -- Analyst

    Hey. Thanks for taking my question. And I'm not going to examine about UBS now. So on closed sales affection are you seeing any impact from the recent stock market weakness and overall dubiety on pipeline and commerce specifically in the GTO commerce there?

    Timothy C. Gokey -- President and Chief Operating Officer

    Puneet, hi. It's Tim. Thank you for asking. No. They really are not seeing any impact from the volatility in the market. I reflect that obviously is helping their internal growth in terms of increased trading activity. But in terms of the conversations that they are having with their clients and their prospects, they continue to discern the need for ongoing transformation for mutualizations and so their conversations remain really very strong.

    Puneet Jain -- J.P. Morgan -- Analyst

    Great. And then on coast 15 of the deck affection it seems affection overall accounting adjustment was $59 million. Understand recurring adjustment was about a point of headwind. But is it honest to protest much of the remaining was related to early recognition of Vanguard proxy terminal year?

    Timothy C. Gokey -- President and Chief Operating Officer

    I would just comment, I think, Puneet, you're privilege to call out that is event-driven. And remember, they had a convention, where they would recognize the revenue about 30 days after they had mailed it. And so that's what you're seeing is the change in sort of that assumption that would tolerate been recognized more immediately. It could be equity or mutual fund proxy where that takes effect, which is why I said, I don't reflect it's really every that valuable to carry out this comparison, because depending on the month that a proxy event falls can change this and there is no seasonality -- underlying seasonality to their event business. So that's what you're seeing, that's why we've chosen to focus on the recurring fee driver impact just because the event there's really exiguous to be learned from that.

    Puneet Jain -- J.P. Morgan -- Analyst

    And let me quickly examine there. So for the complete year, you carry out not await much revenue impact, margin and EPS impact will likewise be minimal, then?

    Timothy C. Gokey -- President and Chief Operating Officer

    Correct. every very minimal. You can sort of even discern that in terminal year's at least from a revenue standpoint, pretty modest every in and they await insubstantial for the complete year on revenue and earnings.

    Puneet Jain -- J.P. Morgan -- Analyst

    Got it. Thank you and congrats on original roles, flush and Tim.

    Timothy C. Gokey -- President and Chief Operating Officer

    Thanks, Puneet.

    Operator

    And at this time, there are no questions. I'll swirl the call back over to Rich.

    Richard J. Daly -- Chief Executive Officer

    Okay. I told Edings today, I got the terminal word. I want to again thank everyone. It's really been a privilege for me. And I am likewise static that I come by to be fraction of the organization going forward, whether it be as Chairman or in an executive capacity to work with and assisting Tim. The potential for Broadridge to transform their industry is greater today than it's ever been before. The opportunities of retail engagements that near from round tables. The opportunities that will tolerate on governance going forward and capital markets where they continue to grow and the import of what they carry out every day and now on wealth really, really tangible proof points that the best is yet to near from Broadridge. Again, thank you and chose to tolerate a stately day.

    Operator

    Thank you. That concludes this conference call. You may now disconnect.

    Duration: 68 minutes

    Call participants:

    W. Edings Thibault -- Head, Investor Relations

    Richard J. Daly -- Chief Executive Officer

    Timothy C. Gokey -- President and Chief Operating Officer

    James immature -- Corporate Vice President and Chief fiscal Officer

    David Togut -- Evercore ISI -- Analyst

    Darrin Peller -- Wolfe Research -- Analyst

    Peter Heckman -- D.A. Davidson & Company -- Analyst

    Oscar Turner -- SunTrust Robinson Humphrey Capital Markets -- Analyst

    Christopher Donat -- Sandler O'Neill Partners -- Analyst

    Patrick O'Shaughnessy -- Raymond James -- Analyst

    Puneet Jain -- J.P. Morgan -- Analyst

    More BR analysis

    Transcript powered by AlphaStreet

    This article is a transcript of this conference call produced for The Motley Fool. While they strive for their ludicrous Best, there may be errors, omissions, or inaccuracies in this transcript. As with every their articles, The Motley Fool does not assume any responsibility for your employ of this content, and they strongly hearten you to carry out your own research, including listening to the call yourself and reading the company's SEC filings. gladden discern their Terms and Conditions for additional details, including their Obligatory Capitalized Disclaimers of Liability.

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    Motorola Solutions (MSI) Q2 2018 Results - Earnings call Transcript | killexams.com true questions and Pass4sure dumps

    No result found, try original keyword!This includes Managed & back Services, public safety and enterprise command seat software ... and $24 million of revenue related to the adoption of accounting touchstone ASC 606. Organic revenue, w...

    ASC Develops Contact seat Market in Poland | killexams.com true questions and Pass4sure dumps

    East European Growth Continues with Sponsorship of Customer Contact Management peak and original Office in Warsaw

    Hoesbach/Germany, April 14, 2010 – ASC (www.asctelecom.com), a leading global provider of innovative solutions to record, resolve and evaluate communications, today announced it will demonstrate its original character monitoring solution, INSPIRATIONpro 10.0, at the Customer Contact Management Summit, Warsaw, Poland, at Courtyard by Marriott Hotel, on April 22-23, 2010.

    The conference will emphasize a holistic approach to clients with 30 speeches; three topic sessions on customer acquisition, contact centers and customer service; and experts for consultation in banking, insurance, telecommunications and retailing. ASC, a sponsor of the event, will participate with an exhibition booth, speech and presentation.

    Robert Rauzer, commerce development Manager of ASC in Poland, will hold a presentation titled, “Quality Management: The Enemy or the Ally for Agents and Service?” He manages the recently opened ASC office in Warsaw to facilitate customer service and technical support. Mr. Rauzer has more than 15 years undergo in information technology, including multi-platform undergo in telecommunications systems, applications and solution support.

    Guenther Mueller. CEO & Chairman of ASC, said, “ASC’s original office in Poland and the sponsorship of the Customer Contact Management peak tag a continuing focus on Eastern Europe based on the area’s expanding growth opportunities. They are delighted to present comprehensive character management solutions to back a wide variety of enterprises in the region.”

    ASC is presenting a original software to ameliorate customer service and efficiently train agents with its market introduction of INSPIRATIONpro 10.0. original features will foster an enterprise-wide impact via commerce process optimization, encompassing speech analytics, stringent data security and the ability to deliver customized instructions directly to the agent’s desktop.



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    Issu : https://issuu.com/trutrainers/docs/asc-029
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    publitas.com : https://view.publitas.com/trutrainers-inc/get-high-marks-in-asc-029-exam-with-these-dumps
    zoho.com : https://docs.zoho.com/file/5r1nh02907494a754475bbfa48970d33b19a4
    Calameo : http://en.calameo.com/books/004923526511f9658928b











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