NEW YORK, N.Y., November 16, 2005 - Sector, Inc.®, a leading managed services, communications, and market data distribution provider for the financial services industry, and its parent company the Securities Industry Automation Corporation (SIAC®), the company that developed the Secure Financial Transaction Infrastructure SFTI®, today announced that clients can utilize SFTI B2BSM for communications services to ADP Brokerage Services Group, a division of Automatic Data Processing, Inc. (NYSE: ADP). This announcement expands the overall ADP® offerings available via SFTI B2B. In May 2005 it was announced that the SFTI user community could access SWIFT’s global community via the ADP SWIFT Service Bureau offering.
Powered by SFTI, SFTI B2B will allow clients to connect to any ADP hosted service such as transaction processing services and shareholder communication services. SFTI B2B from Sector enables firms to utilize existing connectivity to SFTI to communicate with exchanges, market centers and content service providers not hosted by SIAC.
Mark Schlesinger, Chief Technology Officer, ADP Brokerage Services Group commented, "We are delighted to expand our relationship with Sector. This will allow us to offer our clients another option for access to ADP services and disaster recovery". Sector and ADP will be working closely with clients to determine bandwidth needs based on their architecture, system, and market needs.
SFTI is nationally recognized for its resiliency and redundancy. Based on proven state-of-the-art technology, SFTI B2B provides clients with a communications platform of unparalleled diversity and reliability that will carry their critical data communications through a closed, high bandwidth, optical and highly available network. SFTI has garnered industry-wide acceptance and endorsements from numerous government agencies and industry organizations including, the President’s National Security Telecommunications Advisory Committee (NSTAC), The U.S. Treasury Department, the Government Accountability Office (GAO), the Securities Industry Association, and the Bond Market Association.
In addition to connectivity to SFTI B2B, Sector offers multiple WAN technologies and architects customers "first mile" service with vendor and route diversity.