STN/DDS Service Bureau Solution for SEC Rule 22c-2

SunGard/Delta Data Alliance n SunGard and Delta Data have formed an alliance to provide the premier 22c-2 service to the mutual fund industry n Services will be provided for both intermediaries and funds n The best attributes of both companies have been combined to provide the most complete, end to end solution to meet the data reporting requirements of SEC Rule 22c-2

SunGard Contribution n Data extracts provided for SunGard source systems such as OmniPlus, GlobalPlus, Relius, Advantage as well as non SunGard systems n Data and facilities management for secure storage of detail trade data n Existing service bureau model in place utilizing the SunGard Transaction Network (STN) n SAS70 audit

Delta Data Contribution n 20 years experience building large scale software systems n Highly talented software development team able to deliver quality software solutions in a timely fashion n 8 years experience building software solutions that support NSCC services n Experienced in building market timing analytics software for many of the major banks and 401k recordkeepers n Actively involved in the ICI Standardized Data Reporting Committee charged with developing the industry wide 22c-2 data reporting format

22c-2 Service Process Flow

22c-2 Process Flow mutual fund outsource service solution.

22c-2 Process Flow intermediary solution.

“Rule 22c-2” Services for intermediaries. n Trade data extract programs n Data warehousing for detailed trade data n Monitoring of data request from funds with ability to approve or reject requests n Support for periodic or recurring requests n Market timing analytics n Web based access n No capital expenditure

“Rule 22c-2” Services for mutual funds. n On-line contract management of written agreements with intermediaries n Data warehousing for detailed trade data n Monitoring of data requests to include aging and tracking all requests to intermediaries n Support for periodic or recurring requests n Market timing analytics n Reconciliation between the omnibus trades and the detailed trades n Web based access n No capital expenditure

“Rule 22c-2” Services from SunGard Transaction Network and Delta Data n Will be the industry’s cost effective solution n Straight-through processing n Real-time access to data n Sophisticated reporting and analytic tools n Combined expertise of two industry-leading vendors n Available in 2006

Rule 22c-2 Services from STN and DDS Coming Soon