REAL-TIME SECURITIES TRADE CLEARING

TRUSTED TRADE CLEARING

InterComputer’s Trusted Trade Clearing™ (TTC) solution provides an electronic “trusted path” that enables securities traders to perform essential, pre-settlement messaging, clearing, and reconciliation functions automatically, in real-time, and with comprehensive insurance coverage for any losses due to cybercrime of any kind. This solution is, by design, adaptable to any proprietary trading software platform, enabling traders to significantly reduce their overhead costs and offer better service and new, private label products to their clients.

TTC enables institutions to authenticate their on-line customers’ electronic identities as they enter the “trusted path”. Customers may then order trades and send and receive electronic messages with insured peace of mind for the entire “trusted path”. (The proprietary trading platform itself is not controlled by InterComputer and not covered by InterComputer’s transaction insurance.) TTC then enables the institution to automatically clear and reconcile account debits and credits in real-time with full remittance information. The time and expense of the standard clearing/remittance process significantly erodes the institutions’ profit margin. Electronic clearing and remittance offers significantly increased accuracy and dramatic reductions in time and expense over manual methods.

TTC is fully compliant with Reg E and the E-Sign Act, and provides automated compliance with the Gramm-Leach-Bliley and Sarbanes-Oxley Acts.