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Powered for change.
Processing today means investment services, broker tools, information
access and relationships that help businesses grow. The current
environment of increasing trade volumes, faster settlement requirements
and the need for better risk management poses significant challenges
for the securities processing industry.
MSCS understands that any retirement plan recordkeeping system is
only as strong as its weakest link. In order to succeed, you must
have a network that can provide efficient, straight-through securities
processing that can meet these demands while still being able to
quickly resolve any trading discrepancies.
In a dynamic information environment, customers expect much more
than execution from their processing and settlement provider. MSCS
delivers real-time, fully automated processing and settlement, and
operations workflow solutions for leading financial service providers
and administrators across the country.
Our operations unit processes in excess of seven million trades
per year. Through its affiliate, MG Trust, MSCS is the nation’s
largest bank processor of mutual fund trades through the NSCC with
an automated trade confirmation rate of more than 99 percent—well
above the industry average. This translates to fewer failed trades
and errors as well as greater efficiency in a time-critical function.
Technology in all the right places.
MSCS’ state-of-the-art technology combined with the power of
the NSCC’s Fund/SERV and Defined Contribution Clearing & Settlement
(DCC&S) products, allows us to be an industry leader in mutual
fund processing and settlement services. We have revolutionized the
way mutual funds are traded and reconciled with true straight-through
processing (STP) of trades.
Armed with STP, our customers benefit from a seamless system that posts
dividends and capital gains, supporting daily valuation and reconciliation
processing. STP capabilities result in faster payments, lower cost
per transaction and enhanced risk-management information and monitoring.
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