"FUNDLinxTM provides straight-through processing for our growing mutual fund business by bridging our trust and recordkeeping systems with NSCCâs Fund/SERV and Networking services â yielding significant cost savings, reduced processing errors and increased control", remarked Richard Baumgartner, Vice President, Trust Operations. "We are better able to serve our clients and grow our business with a centralized, integrated platform that automates our mutual fund back-office processes."
"National City has been very satisfied with the relationship which has developed between National City and Delta Data. Delta Data has been extremely responsive to providing solutions to meet National Cityâs mutual fund processing requirements." commented Robert Arnold, Senior Vice President, Corporate Operations and Information Services.
The DDS FUNDLinxTM product suite is the most comprehensive and powerful mutual fund processing software available, incorporating integrated modules for straight-through trade order processing, daily position reconcilement, income allocation, and revenue and commission calculation. FUNDLinxTM is fully integrated with the mutual fund processing services of the National Securities Clearing Corporation (NSCC), which is rapidly gaining acceptance as the de-facto trading platform in the mutual fund industry.