Loanet Offers New Regulatory Allocation Computation System

The development effort on a new Regulatory Allocation Computation system continues. The new system will be offered as a service and is being 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 June 2007.

The new Regulatory Allocation Computation System will provide a tool to prepare the Reserve Computation in order to be compliant with the 15c3-3 rule. Functionality contained within the existing Regulatory Allocation system is being retained while some of the new features include enhanced reporting capabilities and a built-in computation worksheet. The worksheet categorizes the allocation values based on the allocations performed. The worksheet supports both electronic and manual input and produces 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.