Wall Street Concepts

SunGard’s Wall Street Concepts (WSC) product group provides tax-information-reporting solutions in the financial industry for WHFITs, REMICs, long-term OID bonds, Master Limited Partnerships, mutual funds and REITs. Our services facilitate the production of Forms 1099, 1042S and K-1, as well as the preparation of individual tax returns.

What We Offer

  • All Mortgage Backed Income Reporting

    A service that provides financial services firms with tax information reporting compliance for all mortgage backed securities.

  • Compliance Plus

    A comprehensive service for providing tax-information reporting to the clients of financial services firms.

  • Income Reallocation Service for REITS and RICs

    A transaction-based service that assists firms with the correct characterization, for tax reporting purposes, of distribution made by Regulated Investment Companies (RICs) and Real Estate Investment Trusts (REITs).

  • Long Term Original Issue Discount (OID) Services

    A transaction-based service that helps ensure compliance of firms' tax information reporting for non collateralized instruments issued with Original Issue Discount (OID).

  • Master Limited Partnership Reporting

    A clearinghouse identifying Master Limited Partnerships (MLPs) that collects, consolidates and distributes street-name information on behalf of nominees in compliance with §6031(c)

  • Original Issue Discount (OID) Calculator

    A utility for calculating Original Issue Discount (OID) income, market discount, acquisition premiums, adjusted cost basis and realized gains and losses on fixed-income securities.

  • TEFRA Glossary

    A database of securities that require special consideration in any tax information reporting system.

  • Unit Investment Trust Service

    A service for processing Unit Investment Trust (UIT) transactions to produce year-end tax information reporting.

Complementary Services

  • Anti-Money Laundering Solution

    A solution that helps you efficiently and accurately screen your clients for compliance with Anti-Money Laundering and U.S. and global regulations

  • Documentation Services

    A set of services to create documentation and related guides and ultimately help you optimize the use of your systems.

  • Education Services

    A range of standard and customized courses to support staff and system training and continuing education requirements

  • Professional Services

    Teams of specialists whose industry experience helps you manage business changes, increase efficiency and reduce costs.

  • SQA Automated Services

    A software suite that helps automate Software Quality Assurance processes

Brochures & Datasheets