1 / 11

STN/DDS Service Bureau Solution for SEC Rule 22c-2

STN/DDS Service Bureau Solution for SEC Rule 22c-2. SunGard/Delta Data Alliance. SunGard and Delta Data have formed an alliance to provide the premier 22c-2 service to the mutual fund industry Services will be provided for both intermediaries and funds

lorant
Download Presentation

STN/DDS Service Bureau Solution for SEC Rule 22c-2

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. STN/DDS Service Bureau Solution for SEC Rule 22c-2

  2. SunGard/Delta Data Alliance • SunGard and Delta Data have formed an alliance to provide the premier 22c-2 service to the mutual fund industry • Services will be provided for both intermediaries and funds • The best attributes of both companies have been combined to provide the most complete, end to end solution to meet the data reporting requirements of SEC Rule 22c-2

  3. SunGard Contribution • Data extracts provided for SunGard source systems such as OmniPlus, GlobalPlus, Relius, Advantage as well as non SunGard systems • Data and facilities management for secure storage of detail trade data • Existing service bureau model in place utilizing the SunGard Transaction Network (STN) • SAS70 audit

  4. Delta Data Contribution • 20 years experience building large scale software systems • Highly talented software development team able to deliver quality software solutions in a timely fashion • 8 years experience building software solutions that support NSCC services • Experienced in building market timing analytics software for many of the major banks and 401k recordkeepers • Actively involved in the ICI Standardized Data Reporting Committee charged with developing the industry wide 22c-2 data reporting format

  5. 22c-2 ServiceProcess Flow

  6. 22c-2 Process Flowmutual fund outsource service solution.

  7. 22c-2 Process Flowintermediary solution.

  8. “Rule 22c-2” Servicesfor intermediaries. • Trade data extract programs • Data warehousing for detailed trade data • Monitoring of data request from funds with ability to approve or reject requests • Support for periodic or recurring requests • Market timing analytics • Web based access • No capital expenditure

  9. “Rule 22c-2” Servicesfor mutual funds. • On-line contract management of written agreements with intermediaries • Data warehousing for detailed trade data • Monitoring of data requests to include aging and tracking all requests to intermediaries • Support for periodic or recurring requests • Market timing analytics • Reconciliation between the omnibus trades and the detailed trades • Web based access • No capital expenditure

  10. “Rule 22c-2” Servicesfrom SunGard Transaction Network and Delta Data • Will be the industry’s cost effective solution • Straight-through processing • Real-time access to data • Sophisticated reporting and analytic tools • Combined expertise of two industry-leading vendors • Available in 2006

  11. Rule 22c-2 Services from STN and DDS Coming Soon

More Related