STN/DDS Service Bureau Solution for SEC Rule 22c-2

SunGard/Delta Data Alliance

SunGard and Delta Data have formed an alliance to provide the premier 22c-2 service to the mutual fund industry

Services will be provided for both intermediaries and funds

The best attributes of both companies have been combined to provide the most complete, end to end solution to meet the data reporting requirements of SEC Rule 22c-2

SunGard Contribution

Data extracts provided for SunGard source systems such as OmniPlus, GlobalPlus, Relius, Advantage as well as non SunGard systems

Data and facilities management for secure storage of detail trade data

Existing service bureau model in place utilizing the SunGard Transaction Network (STN)

SAS70 audit

Delta Data Contribution 20 years experience building large scale software

systems Highly talented software development team able to

deliver quality software solutions in a timely fashion 8 years experience building software solutions that

support NSCC services Experienced in building market timing analytics

software for many of the major banks and 401k recordkeepers

Actively involved in the ICI Standardized Data Reporting Committee charged with developing the industry wide 22c-2 data reporting format

22c-2 Service Process Flow

SunGardFund Data Repository

Trade Data , Market timing analytics ,

monitor outstanding requests Contract Management of Intermediary agreements

FundPortfolio System triggers alert of potential market timing or

manual “Request for detail trade data”

XML file sent to Intermediaries

via DTCC

Small IntermediariesRun data extracts as received or

accept / reject request .Extract data and send to Data

Repository .

Large IntermediariesExtract trades daily and transmit to

Data Repository

SunGardIntermediary Data

RepositoryAccept /Reject Requests

Data extracted and sent to Fund via DTCC

DTCCValidates Formats Only

FundWeb AccessReports , Inquiry ,

and Data Exports

Intermediary Requests (XML)

Intermediary Web AccessReports , Inquiry ,

and Data Exports

Data (FTP)

Batch Request

Periodic trade Data (FTP)

Batch Request

Data (FTP)

Daily trade Data (FTP)

22c-2 Process Flowmutual fund outsource service solution.

22c-2 Process Flowintermediary solution.

“Rule 22c-2” Servicesfor intermediaries.

Trade data extract programs Data warehousing for detailed trade data Monitoring of data request from funds with ability

to approve or reject requests Support for periodic or recurring requests Market timing analytics Web based access No capital expenditure

“Rule 22c-2” Servicesfor mutual funds.

On-line contract management of written agreements with intermediaries

Data warehousing for detailed trade data Monitoring of data requests to include aging and

tracking all requests to intermediaries Support for periodic or recurring requests Market timing analytics Reconciliation between the omnibus trades and the

detailed trades Web based access No capital expenditure

“Rule 22c-2” Servicesfrom SunGard Transaction Network and Delta Data

Will be the industry’s cost effective solution Straight-through processing Real-time access to data Sophisticated reporting and analytic tools Combined expertise of two industry-leading vendors Available in 2006

Rule 22c-2 Services from STN and DDS

Coming Soon