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 and fee areas by utilizing file downloads from clearing firms, DST Fan-Mail, mutual fund and annuity companies, insurance companies and third party data providers.  This system is designed to allow complex commission and fee based payout structures, splits, multiple overrides, bonuses and flexibility in your product mix.   Securities ProStation® contains over 100 different types of production, compliance, client, trade and management reports in addition to producing a detailed consolidated commission statement for each rep.  

This system contains all required regulatory blotters and conducts several licensing and compliance checks during the processing phase to ensure your compliance with securities rules and regulations.  Securities ProStation® is also able to interface with most existing accounting packages or can be customized to interface with unique accounting software and outside payroll processing vendors.

Securities ProStation® contains numerous compliance checks for rep licensing, customer suitability, audit tracking, continuing education and sales practice reviews to name a few.

The combined functionality of Securities ProStation® allows you to have a truly integrated software system to automate your business.

Chris S. Guerin, President of Securities BackOffice Solutions, Inc. and a member of the software development team, has an extensive background in securities compliance having previously served as the Director of Compliance for a large Broker Dealer in the Southeast and an NASD examiner in the Atlanta district office.

Based on this background, Securities BackOffice Solutions, Inc. has carved out a niche as a provider of quality compliance based software to assist our clients in the automation of the compliance function.

Since the NASD has mandated the use of exception reports by its member firms (NASD Notice to Members 98-38) we believe that automating this time consuming process will assist all of our clients to comply with the myriad of rules and regulations present in the securities industry.

In order to enhance our reputation as a software vendor that specializes in compliance systems, Securities BackOffice Solutions, Inc. will continue to upgrade our existing systems and develop new systems as rules and regulations are added or changed in the future.

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.

All system reports and parameters have been designed by an ex-NASD examiner and compliance officer with over 25 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.