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STP Solutions
NIIDS Solution: New Issuance Information Dessimination
Using Wizcom NIIDS Solution, Underwriters can submit new issue information to DTCC. With DTCC's New Issue Information Dissemination Service (NIIDS), underwriters will send new issue information electronically to DTC, as well as any follow-up adjusted information. Our service provides a solution to pull the New Issue information from the Database at the Underwriter's system and builds the NIIDS message for DTCC.
>>Benefits to Underwriters:
- Automatically submit and receive trade messages to and from DTCC
- Don’t have to build and maintain new systems
- We can integrate with your existing trading systems in relatively short time
- All trade messages are logged and stored for generating trade status reports, audit trail, etc.
- Can be integrated with any Broker/Dealer database system, including Sybase, Oracle and DB2
- Exception driven alerting and monitoring helps you to monitor trade status efficiently
- View and generate trade reports using the NIIDS System's Dashboard
PIMs Solution: Pre-Issuance Messaging Service
Using Wizcom PIM solution, broker-dealer firms can automatically submit Trades and get CUSIPs from the IPA banks.
>>Benefits to Traders / Broker-Delaers:
- Automatically submit and receive trade messages to and from DTCC
- You don’t have to build and maintain new systems.
- We can integrate with your existing trading systems in relatively short time.
- All trade messages are logged and stored for generating trade status reports, audit trail, etc.
- Can be integrated with any Broker/Dealer database system, including Sybase, Oracle and DB2
- Exception driven alerting and monitoring helps you to monitor trade status efficiently
- View and generate trade reports using the PIM System's Dashboard
TRACE Solution: Trade Reporting and Compliance Engine system
Using Wizcom TRACE solution, broker-dealer firms can automatically submit Trade report corporate bonds to NASD.
>>Benefits to Traders / Broker-Delaers:
- Automatically submit and receive trade messages to and from FINRA
- You don’t have to build and maintain new systems.
- We can integrate with your existing trading systems in relatively short time.
- All trade messages are logged and stored for generating trade status reports, audit trail, etc.
- Can be integrated with any Broker/Dealer database system, including Sybase, Oracle and DB2
- Exception driven alerting and monitoring helps you to monitor trade status efficiently
- View and generate trade reports using the TRACE System's Dashboard
RTRS Solution: Real-time Transaction Reporting System
Using Wizcom RTRS Solution, Broker-Dealers can automatically report municipal securities
transactions in REAL-TIME to RTTM (NSCC) for matching and to RTRS (MSRB) for reporting to comply
with MSRB rules G14 and G12(f), which became effective January 2005.
>>Benefits to Broker-Dealers
- Automatically report and receive trade messages to and from MSRB (RTRS) and NSCC (RTTM)
- You don’t have to build and maintain new systems.
- We can integrate with your existing trading systems in relatively short time.
- All trade messages are logged and stored for generating trade status reports, audit trail, etc.
- Can be integrated with any Broker/Dealer database system, including Sybase, Oracle and DB2
- Exception driven alerting and monitoring helps you to monitor trade status efficiently
- View and generate trade reports using the RTRS System's Dashboard
RTRS System deployed at Broker-Dealer - Network Diagram
RTTM Solution: Real-time Transaction Reporting System for Matching
Using Wizcom RTTM Solution, securities firms can automatically report securities transactions in REAL-TIME to RTTM (NSCC) for matching.
>>Benefits to Securities Firms
- Automatically report and receive trade messages to and from NSCC (RTTM)
- You don’t have to build and maintain new systems
- We can integrate with your existing trading systems in relatively short time.
- All trade messages are logged and stored for generating trade status reports, audit trail, etc.
- Can be integrated with any Broker/Dealer database system, including Sybase, Oracle and DB2
- Exception driven alerting and monitoring helps you to monitor trade status efficiently
- View and generate trade reports using the RTTM System's Dashboard
RTTM System deployed at Broker-Dealer - Network Diagram
STP Solutions: STP Solutions and System Integration Services to meet your specific needs
We build customized Straight Through Processing (STP) solutions and provide system integration services
for buy-side firms, sell-side firms, clearing agencies, settlement firms and custodians. While most
integration service providers tend to provide solution using a vertically integrated stack of products
built on proprietary infrastructure, we offer solutions that are completely infrastructure agnostic,
which result in significant savings in cost and time and a flexible solution. Also, with our extensive
experience and knowledge in working with different message formats such as SWIFT, FIX, XML, etc., and meeting various regulatory agencies requirements,
including NASDAQ, NYSE, MSRB, etc., we can offer end-to-end solution to meet any of your unique requirements.
>>Benefits to Securities Firms
- Easy to integrate with any of your systems
- Low cost of implementation
- Less implementation time
- We can easily configure and customize the solution to send or receive trade data seamlessly in any
industry standard formats, including ISO 15022, SWIFT, FIX, etc.
- Easy to maintain
- Easy to expand to address future STP needs
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