Projects
Accelerating Equities Self-Clearing for a Leading Fintech Company
A fintech company specializing in brokerage services aimed to implement self-clearing capabilities for equities with the Depository Trust & Clearing Corporation (DTCC). MyndCore Partners collaborated with the client’s development and operations teams, lending our industry and implementation expertise to accelerate the project.
Smooth Broadridge Conversion
A financial services firm specializing in Mutual Funds and Brokerage services for independent Advisors needed to convert their Books and Records from an in-house solution to the industry leading Broadridge BRACS solution. MyndCore Partners worked hand and hand with the client’s development, operations, and IT teams as well as with Broadridge, bringing our deep industry and implementation expertise to accelerate the project and ensure a smooth, efficient migration.
Zero 1099 Corrections on New Cost basis system
Zero 1099 Corrections over 2 years of reporting is an amazing feat especially for a new Startup and completely new Cost basis system. We built an API-first cost basis system from the ground up to ensure accurate reporting of gains and losses for tax purposes. Our cost-basis and tax reporting experts defined requirements, acceptance criteria, and collaborated with the client’s lead architect to design and implement an event-driven Cost-basis system. The system was integrated with Wall Street Concepts (WSC) for 1099 reporting and ensured compliance with IRS regulations while providing seamless integration with other financial systems.
Critical Regulatory Reporting
In a highly regulated environment, financial services companies specializing in brokerage services must ensure compliance with the SEC and FINRA. MyndCore Partners helped these firms navigate the complexities of regulatory reporting by providing in-depth knowledge and practical implementation strategies.