Securities BackOffice Solutions, Inc. Products


		Securities ProStation is a total securities front-end; import and back-end-processing system designed for fully disclosed broker-dealers, brokerage firms, bank subsidiaries and insurance or mutual fund broker-dealers. This system enables your company to fully automate all aspects of your daily operations in the commission, fee and branch office areas by providing a straight-through processing environment that delivers up to the minute information to all system users. Securities ProStation is designed to allow complex commission and fee based payout structures, splits, overrides and flexibility in your product mix in addition to automating your branch locations by linking them to your home office.

The system is designed to handle all product types including, stocks, bonds, mutual funds, annuities, options, limited partnerships and insurance transactions. Securities ProStation will fully automate all areas of your business by interfacing with and receiving file downloads from clearing firms, DST Fan-Mail, mutual fund and annuity companies, insurance companies and third party information providers to enable your firm to have one truly integrated Back Office system. In addition to posting and processing all of the above listed securities transactions, the system processes all commission and fee based product information and generates a commission statement for each rep along with numerous reports to assist you in running your business.

Securities SurveillanceStation is a fully automated Compliance Exception Reporting System designed to meet the needs of any firms compliance department. By utilizing daily file downloads from your clearing firm, DST Fan-mail and product sponsors, the system searches all client accounts daily for numerous activities and trends that could result in potential sales practice abuses and rule violations. The system will automatically create exception reports for those accounts that fall outside of pre-set parameters contained within the system. This will allow your compliance personnel to review bona fide exception reports that identify actual problems or problematic trends instead of having to search for potential problems manually.

Securities SurveillanceStation is designed to work for a fully disclosed or self clearing firm that does not have a back office system in place or a firm with an existing back office system of any type. All system reports and parameters have been designed by an ex-NASD examiner and Compliance Officer with over 20 years experience in the securities industry. Any or all of the pre-set parameters can be replaced by your own parameters at any time by the user.

Securities SurveillanceStation utilizes numerous calculations and comparison formulas within each report type to give you an accurate picture of potential problems in each and every client account.