STN 22c-2 Services
STN's 22c-2 Services provide your organization with a complete solution for managing the regulatory requirements of Rule 22c-2. Delivered over a single, web-based interface, STN's 22c-2 Services combine secure data storage, analytics and administrative tools. These services supply you with a best practice, cost-effective method to help ensure rule compliance without increasing staff or systems infrastructure.
Brokerage products and services offered by STN are provided by SunGard Institutional Brokerage Inc., Member FINRA / SIPC .
STN’s 22c-2 products and services are provided by SunGard Business Systems LLC
Features
- Connects to trading counterparties for external straight-through processing
- Includes contract management, data warehousing, data transmission and data format translation capabilities
- Analyzes sub-account trade detail for market timing and frequent trading abuses
- Administers, tracks and stores written agreements with all distributors
- Allows users to monitor, notify and perform age fulfillment of trade detail requests
- Includes client service support for system testing and response monitoring
Benefits
- Helps improve response time to trade detail requests through the use of SunGard’s secure and fully-redundant data centers
- Increases security and control of user entitlements through a multi-tiered database and application and system boundaries
- Saves time and improves efficiency with automatic daily extracts of trade data and seamless processing of periodic requests