Why a Unified Pricing Service?

1. You currently have to juggle multiple pricing feeds in order to get prices on all asset types.
2. Your process is highly manual and your people spend hours a day tracking down prices that could be spent more productively on other tasks.
3. Some assets are just hard to price and require significant research and resources you don't have the time to deal with.
4. You want a one place to go to price everything in your security master.

What the UPS Does

1. Aggregates multiple price feeds for multiple asset categories and provides a single unified pricing source for all securities.
2. Can optionally scan your custodial data feeds to compare and identifying contradictory prices and provide a single "agreed upon" price to your system.
3. Can use our network of traders and analysts to price difficult or hard to price securities.
4. As with the Security Master Service we sit down with you first to discuss your specific needs and requirements and then we recommend an optimal solution.

How we do it

1. For most securities the UPS works exactly like the Security Master Service in terms of aggregating and normalizing multiple pricing feeds that you have a legal agreement to use.
2. For special/difficult items we have both a research staff and a team of traders that can price the security. This is particularly useful for complex/illiquid fixed income/asset backed securities as well as limited partnerships and other similar items.
3. The most common method of data transfer is an FTP exchange between our system and yours.