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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

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

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  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

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