DST Market Services

Business Continuity and Other Disclosures

BUSINESS CONTINUITY DISCLOSURE

DISCLOSURE REQUIRED BY FINANCIAL INDUSTRY REGULATORY AUTHORITY (FINRA) 4370

To address interruptions to our normal course of business, DST Market Services, LLC maintains a business continuity plan, which includes geographically dispersed data centers and processing facilities. The plan is reviewed annually and updated as necessary.

The plan outlines the actions DST Market Services, LLC will take in the event of a building, city, or regional incident, including:

  • Continuous processing support by personnel located in unaffected facilities
  • Relocating technology or operational personnel to alternate regional facilities
  • Switching technology data processing to an alternate regional data center

All DST Market Services, LLC operational facilities are equipped for resumption of business and are tested. Regarding all circumstances within our control, DST Market Services, LLC’s recovery time objective (RTO) for business resumption, including those involving a relocation of personnel or technology, is four (4) hours or less, depending upon the availability of external resources.

DST Market Services, LLC
920 2nd Ave S
#1500
Minneapolis, MN 55402


BUSINESS CONTINUITY PLANNING-DISASTER RECOVERY PLAN

DST Market Services, LLC has developed a Disaster Recovery Plan to address the possibility of a pandemic outbreak and provide you with an overview of our plans for mitigating the potential impact.

If such a situation occurs, we are confident that we are well positioned to maintain critical functions in support of your business.


MUTUAL FUND FEES AND REVENUE SHARING

DST Market Services, LLC receives operational reimbursements from mutual funds in the form of networking or omnibus processing fees. These reimbursements are based either on a flat fee per holding or a percentage of assets and are remitted to DST Market Services, LLC for its work on behalf of the funds. This work may include, but is not limited to, subaccounting services, dividend calculation and posting, accounting, reconciliation, client confirmation and statement preparation and mailing, and tax statement preparation and mailing. These fees may be a significant source of revenue for DST Market Services, LLC.


SPONSORSHIP FEES DISCLOSURE

Third-party product and service providers (e.g., mutual funds, annuity companies, exchange-traded funds [ETFs], money market funds, money managers, technology and business solutions) may offer marketing support in the form of sponsorship fee payments to DST Market Services, LLC (or third parties at DST Market Services, LLC’s direction) in connection with educational conferences, events, seminars, and workshops for broker-dealers or advisors. These payments may be for the expenses of educational materials or other conference-related expenses.

* Note: Social media links/pages are for SS&C Technologies, Inc. and not DST Market Services, LLC. DST Market Services, LLC does not advertise or communicate via social media.


Market Services Statement of Financial Condition and Opinion 2017