1. Improves collateral utilization by making free DTCC collateral available for tri-party, enabling firms to borrow cash to fund daily activity.

2. Provides a link between impact and DTCC to enable the automated transfer of securities between designated accounts.

3. Seamless integration with existing screens & functionality. Provides new end of day pledge activity report. Position reconciliation performed between impact and DTCC through processing of APIBAL.

4. Ability to process ACK/NACK messages from DTCC and display the message status for each pledge/release movement initiated in real-time.

5: A highly customizable display for users to view security availability in real time, and immediately initiate collateral movements between depository accounts.

• Real time display of free and pledge box positions.

• Ability to view positions allocated to tri party deals.

• Projected deliveries and receives from the free box are calculated to automatically provide recommended. pledge/release amounts.

• Pending buckets are provided to show movements in progress between depositories.