Post-Trade Communication Network - SSCNet™

There are four areas of potential high costs that can affect post-trade communications today: a lack of systems integration, little external connectivity, limited IT resources and an incompatibility of data formats. SSCNet is a global trade network that reduces those costs by linking investment managers, broker/dealers, custodians and interested parties, facilitating STP (straight through processing) and reducing operational risk.

About SSCNet

SSCNet's hosted service is available 24/7 on a highly secure platform, supports multiple formats, and connects you directly to trade counterparties, including networks such as S.W.I.F.T™, DTC™ and Misys^® FX Matching Service. As a post-trade communication service, it has a built-in middleware that normalizes data within the network, while its Delivery Instructions Database (DIDB) allows you to maintain standing settlement instructions (SSI) using an intuitive user interface. Best of breed encryption and communication protocols ensure your data is secure, with annual independent audit reviews and strict internal guidelines further guaranteeing data and communication security.

"global trade network that reduces those costs by linking investment managers, broker/dealers, custodians and interested parties"

SSCNet also provides:

Complete trade communication automation, allowing you to reduce operational risks and costs associated with manual processing.
Minimal IT investment, since users access the software via an intuitive web-based interface.
A network of networks, which eliminates costly middleware and automatically translates proprietary message formats into industry-standard format, including 15022, ISITC and FIX.
Security and business continuity, 24 hours a day, 7 days a week, on a highly secure platform.