Safekeeping
Stream InTrader’s Safekeeping functionality handles safekeeping and trading activity through one account record and provides updates, security and holdings information immediately. It offers greater control by providing
online, real-time information on holdings, customers, and securities; pledge maintenance and segregation; payment delay and float processing; interest and principal payment history; and security movement and location control. Safekeeping also customizes billing parameters, tracks customer payments and verifies statement activity on-demand.
Features
- Tracks trade interest and principal payment history by customer, security and receipt
- Features online pledge, movement and control
- Provides online activity and account verification statements
- Delivers documents electronically via Stream Portal
- Supports sub-accounting functions of correspondents
- Manages tax reporting and withholding
- Processes both U.S. and non-U.S. fixed income transactions
Benefits
- Monitors holdings, customers and securities in real-time
- Updates prices, factors and call information automatically
- Tailors billing and accounting procedures
- Automates the processing of interest payments, principal and maturity as well as payups and paydowns on mortgage-backed and asset-backed securities
- Helps ensure system integrity via a secure DDA interface