Assent Sponsored Access
SunGard’s Assent Sponsored Access is designed to aid sell-side firms trying to address the challenges of Regulation NMS-compliant market access, increased market access fee, and additional latency. The solution helps firms receive cost savings over exchange membership and experience less latency than exchange routing. Sponsored Access also helps decrease the regulatory and reporting obligations associated with exchange membership.
Brokerage products and services offered by Assent are provided by Assent LLC, member FINRA/SiPC
Features
- Gives firms direct market center connectivity to access venues
- Allows firms to sign up for service with as many or as few venues as desired
- Features access to a broad range of liquidity avenues at one execution price
- Provides Reg NMS-compliant connectivity to all domestic-protected venues
- Integrates with SunGard’s trading technology solutions, shortening implementation timeframes
Benefits
- Reduces latency by lessening the time to reach the best-priced available market
- Saves a firm overall clearing expenses by reducing clearing counterparties
- Routes out protected market centers for broker-dealers