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Flawless is our Benchmark ®
With an experienced and dedicated staff, we are driven to perfection each and every day. Client satisfaction is our passion and flawless execution is our benchmark.

Buy Side and Sell Side Trading Platform

Trading

Buy-side Trading Platform

Benefit Trust specializes in buy-side trade execution and settlement services, designed to fill a variety of needs:

  • as a stand-alone option for financial institutions such as banks and trust companies
  • in conjunction with Benefit Trust’s custody services, to support trading of plan assets
  • in conjunction with nBalance, to support Fund of Funds portfolio trading
  • in conjunction with Benefit Trust’s unitization services, to support trading of underlying securities

Benefit Trust’s buy-side trade execution and settlement platform includes:

  • Mutual fund trading and settlement via the National Securities Clearing Corporation (NSCC)
  • Trading agreements with over 375 fund families
  • Access to non-NSCC eligible funds, as well as ETFs and other equities
  • Cash and asset reconciliation
  • Electronic interface: daily cash report, security positions, trade file acknowledgements and confirmations
  • Integration with nBalance, for Fund of Funds trading
  • Collection and distribution of mutual fund revenue share payments

Sell-Side Trading Platform

Benefit Trust is a Rule 2(ii)(c) (fund) member of NSCC, and supports NSCC connectivity for unitized portfolios (e.g. CITs, custom portfolios) via its NSCC interface – in these cases, Benefit Trust acts as NSCC fund sponsor.

Fundplicity is Benefit Trust’s multi-currency, global sell-side service for transfer agents and fund companies. Fundplicity provides a SWIFT ISO 20022 interface to the Depository Trust & Clearing Corporation’s (DTCC’s) National Securities Clearing Corporation (NSCC) Fund/SERV, Networking, Mutual Fund Profile (MFP), Payment aXis, and ACATS-Fund/SERV platforms, in order to facilitate buy-side distributors that require the use of NSCC.  Fundplicity includes a proprietary (delimited) file-based interface, ISO 20022 funds messaging via SWIFT, and a comprehensive web-based interface.

 

Flawless is our Benchmark ®
With an experienced and dedicated staff, we are driven to perfection each and every day. Client satisfaction is our passion and flawless execution is our benchmark.
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