Comments
yourfanat wrote: I am using another tool for Oracle developers - dbForge Studio for Oracle. This IDE has lots of usefull features, among them: oracle designer, code competion and formatter, query builder, debugger, profiler, erxport/import, reports and many others. The latest version supports Oracle 12C. More information here.
Cloud Expo on Google News
SYS-CON.TV

2008 West
DIAMOND SPONSOR:
Data Direct
SOA, WOA and Cloud Computing: The New Frontier for Data Services
PLATINUM SPONSORS:
Red Hat
The Opening of Virtualization
GOLD SPONSORS:
Appsense
User Environment Management – The Third Layer of the Desktop
Cordys
Cloud Computing for Business Agility
EMC
CMIS: A Multi-Vendor Proposal for a Service-Based Content Management Interoperability Standard
Freedom OSS
Practical SOA” Max Yankelevich
Intel
Architecting an Enterprise Service Router (ESR) – A Cost-Effective Way to Scale SOA Across the Enterprise
Sensedia
Return on Assests: Bringing Visibility to your SOA Strategy
Symantec
Managing Hybrid Endpoint Environments
VMWare
Game-Changing Technology for Enterprise Clouds and Applications
Click For 2008 West
Event Webcasts

2008 West
PLATINUM SPONSORS:
Appcelerator
Get ‘Rich’ Quick: Rapid Prototyping for RIA with ZERO Server Code
Keynote Systems
Designing for and Managing Performance in the New Frontier of Rich Internet Applications
GOLD SPONSORS:
ICEsoft
How Can AJAX Improve Homeland Security?
Isomorphic
Beyond Widgets: What a RIA Platform Should Offer
Oracle
REAs: Rich Enterprise Applications
Click For 2008 Event Webcasts
DTCC Payment aXis Brings Enhanced Automation and Accuracy to the Mutual Funds Sector

The Depository Trust & Clearing Corporation (DTCC) today introduced added capabilities to DTCC Payment aXis, an efficient, streamlined service for fund companies and intermediaries to accurately and safely transmit commission and various fee data and payments among National Securities Clearing Corporation (NSCC) member firms.

DTCC Payment aXis is a next generation version of the company’s former Mutual Fund Commission Settlement service. New features of the service capitalize on the benefits of standardization and automation by supporting transmission of omnibus fee data through a centralized platform.

“The new capabilities afforded by DTCC Payment aXis reflect our dedication to meeting industry demands and providing automation, standardization and centralization to the market,” said Josephine Torelli, Vice President, Wealth Management Services. “With our delivery of this service, market participants have access to more robust data and information.”

In response to current industry trends and demands, DTCC Payment aXis now supports commission and fee payments for omnibus account as well as Contingent Deferred Sales Charge payouts, 12b-1 fees and numerous other fee types.

Mutual Fund Commission Settlement service was introduced in 1992 and, since inception, has helped eliminate the manual, time-intensive and costly process of exchanging fee information via fax, mail and email. In addition to the expedited distribution and settlement of commissions and various fees, NSCC members will gain added features and benefits like unrivaled automation of omnibus invoicing and settlement between funds and firms – as an extension of this tried and tested service.

DTCC Payment aXis also reduces costs and risks incurred during traditional, manual processing procedures. The service is accessible via mainframe over DTCC’s SMART connection. Settlement will occur through NSCC’s net settlement system.

More information about DTCC Payment aXis can be found here.

About DTCC

Through multiple operating facilities and data centers around the world, DTCC and its subsidiary companies automate, centralize, and standardize the processing of financial transactions for thousands of institutions worldwide. With 40 years of experience, DTCC is the premier post-trade market infrastructure for the global financial services industry, simplifying the complexities of clearance, settlement, asset servicing, global data management and information services for equities, corporate and municipal bonds, government and mortgage-backed securities, derivatives, money market instruments, syndicated loans, mutual funds, alternative investment products, and insurance transactions. In 2011, DTCC’s subsidiaries processed securities transactions valued at approximately US$1.7 quadrillion. Its depository provides custody and asset servicing for securities issues from 122 countries and territories valued at US$39.5 trillion. DTCC’s global OTC derivatives trade repositories record more than US$500 trillion in gross notional value of transactions made worldwide across multiple asset classes.

For more information, visit dtcc.com, and follow us on Twitter: @The_DTCC

About Business Wire
Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest AJAXWorld RIA Stories
One of the most appealing benefits of cloud deployment is the ease of use and the flexibility of adding or removing compute capacity. You can dynamically allocate resources based on the changing workloads, which give you the flexibility in managing your compute cost. AWS Auto Sc...
At the beginning of the book the authors say they created this book to be used in a classroom setting. I agree that it is a great book for the classroom, but I would also recommend it to anyone who wants to learn about the current Agile methodologies. It does what the title of th...
As an enterprise and software architect the one thing I hate most about my job is documentation, yet the importance of doing documentation on sizable projects is what I find myself preaching about the most. One reason I understand the importance of documentation is that I came f...
The premiere issue of the Internet of @ThingsExpo Newsletter contains highlights of the hottest sessions and speakers from Internet of @ThingsExpo, Call for Papers information, and sponsorship opportunities.
“At Cloud Expo in NYC last week I sat in on the Internet of Things power panel and then presented about how to monetize the Internet of Things. The room was packed, standing room only and I stuck around for a full 30 minutes afterwards answering questions before I had to tear mys...
Subscribe to the World's Most Powerful Newsletters
Subscribe to Our Rss Feeds & Get Your SYS-CON News Live!
Click to Add our RSS Feeds to the Service of Your Choice:
Google Reader or Homepage Add to My Yahoo! Subscribe with Bloglines Subscribe in NewsGator Online
myFeedster Add to My AOL Subscribe in Rojo Add 'Hugg' to Newsburst from CNET News.com Kinja Digest View Additional SYS-CON Feeds
Publish Your Article! Please send it to editorial(at)sys-con.com!

Advertise on this site! Contact advertising(at)sys-con.com! 201 802-3021


SYS-CON Featured Whitepapers
ADS BY GOOGLE