InterLINK is easy to use. Excess cash, awaiting reinvestment, including deposits, dividends and proceeds from sales, is swept each day from your clients’ brokerage accounts automatically into InterLINK.
Once swept to InterLINK, funds are allocated exclusively to pre-screened participating insured banks. To ensure that the balances receive full insurance coverage, InterLINK limits the principal amount of assets held at any one institution to no more than $250,000 per tax ID, thereby ensuring funds are guaranteed to the maximum extent possible by the U.S. government.
Your clients’ cash is continuously put to work, earning a competitive interest rate and can be accessed at any point.
InterLINK is a proprietary platform that can accurately and efficiently manage the ledgering, execution and reconciliation of millions of cash transactions every day
Brokerage firms are able to quickly and easily integrate into the platform using the InterLINK secure integration hub
The end result is broker dealers delivering extended FDIC insurance on their clients' cash