Clearing today means investment products, broker tools, information access and relationships that help businesses grow. Today’s environment of increasing trade volumes, faster settlement requirements, and the need to better manage risk 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 global network that can provide fast, efficient, straight-through securities processing that can meet these demands while still being able to quickly resolve any discrepancies during clearance and settlement. All this while still remaining adaptable to new trends, technologies, regulations, and, of course, your competition.

MSCS delivers real-time, fully automated clearance and settlement, accounting, and operations workflow solutions for leading financial services providers and administrators across the country. In a fast changing information environment, customers expect much more than simply execution from their clearing provider.

The MSCS operations unit processes in excess of 7 million trades per year. It is the nation's largest bank processors of mutual fund trades through the NSCC with an automated trade confirmation rate of more than 99 percent, well above the industry average. This means less failed trades, fewer errors and greater efficiency in a time-critical function.

MSCS’s state of the art technology combined with the power of the NSCC’s Fund/SERV, Networking and Defined Contribution Clearing & Settlement (DCC&S) products, allows us to be an industry leader in mutual fund clearance and settlement services. We have revolutionized the way mutual funds are traded and reconciled with true straight-through processing (“STP”) of trades. Our Customers benefit from a seamless system that posts dividends and capital gains supporting daily valuation and reconciliation processing.

MSCS’s STP capabilities result in faster payments, lower cost per transaction and enhanced risk management information and monitoring.

Benefits to Our Customers:

• Faster payments, reducing settlement risk exposure
• Communications standards and protocols
• STP technology, lowering cost per transaction
• Enhanced risk management information and monitoring capabilities.