Trust Accounting System Bank Data Aggregation Services

This contract was awarded as Firm Fixed Price (FFP), Sole Source for the PBGC's Trust Accounting System (TAS). TAS is an investment portfolio and accounting solution managed by the Financial Operations Department (FOD) to support the accounting and financial reporting of investment assets, plan receivables, and liabilities related to terminated pension plans and the commingled investment portfolio through an application service provider model. One core component of this solution is the ability to obtain transactional data from the Interim Custodian's of the terminated pension plans. Electra leverages their existing relationships with bank custodians and provides TAS with required custodian data. The only company able to provide Electra Information Systems RecCollect Products is Electra Information Systems. The Electra RecCollect Service is a commercial off the shelf (COTS) service developed and supported exclusively by Electra Information Systems.