
Regulatory Allocation Reserve Computation (RARC) – New Product Offering
The development effort on a new Regulatory Allocation system is well underway. The new system will be developed using SunGard’s Common Services Architecture (CSA). The CSA model offers SunGard the opportunity to share technology and services within the enterprise, thereby reducing development costs and bringing an improved product to market sooner. SunGard expects to complete development of the new product by year-end.
The new Regulatory Allocation product, named “Regulatory Allocation Reserve Computation” (“RARC”) will be offered as a service and will provide a tool to prepare the Reserve Computation in order to be compliant with the 15c3-3 rule. Functionality contained within the existing SunGard Regulatory Allocation system will be retained while some of the new features will include enhanced reporting capabilities and a built-in computation worksheet. The worksheet categorizes the allocation values based on the allocations performed, will support electronic and manual input and will produce the required reserve figure.
For more information or a presentation of SMART Seg, Regulatory Allocation or to discuss the potential benefits of Loanet S3, contact Dan Belluche at 603-898-6185 ext. 404 or via e-mail at daniel.belluche@sungard.com.