PROCESSING MONEY AND INFORMATION
The InterLINK™ system of FDIC extension utilizes a network of interacting financial institutions assembled and coordinated by Intermedium. The sources of funds in the system are institutional money managers such as brokerage houses which are looking for the best available risk- reward opportunities for their clients. Intermedium channels the cash sweeps of those money managers through a clearing bank or clearing agent which then forwards the cash into savings accounts in individual FDIC insured banks.
The Interlink proprietary process ensures the safety, profitability and convenience of deposit sweeps for your clients. The chart below illustrates the movement of funds from broker/dealers to the banks.
Intermedium can implement the Interlink IDP within 90 days. Our specialists will assist you in a smooth conversion ensuring full functionality and support throughout the process.
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