MBS Ops Network — operational Sales@AlphaFinancialSoftware.com (888) 663-9319 LinkedIn
Alpha Financial Software
Home/Dealers
Sell-side

Dealer-grade MBS throughput, without the dealer-grade ops floor.

Primary and regional fixed-income desks clear $1 billion to $180 billion a month on AFS — with higher automated throughput and meaningfully lower headcount than legacy processing.

The sell-side reality

Matching the market’s throughput shouldn’t mean matching it in people.

Sell-side MBS processing is still largely manual. Legacy approaches require two to three times the operations headcount to clear comparable volume. In the age of automation, that’s a structural disadvantage.

$1–180B

Monthly volume

Primary and regional dealer clients across the full volume range.

What changes with AFS

Higher automated throughput across the dealer workflow.

  • All dealer-required functionality — pair-offs, assignments, round robins, EPN, reporting.
  • Transparent integration — see and manage every flow across the network.
  • Exception-based EPN color coding — prioritize visually; work the exceptions.
  • FICC / RTTM / CTM connectivity — matched, cleared, reported on your rails.
Legacy / manualAFS
Automated throughputPartialHigh
Ops headcount2–3× higher< 3 FTEs
Overhead modelBrick & mortarVirtual / low cost
Exception handlingQueueColor-coded
Inside the platform

Key features for dealers.

EPN allocations blotter

User Experience

Create custom user projects and templates to standardize operations.

Outbound integration messages

Transparent Integration

Users see and manage all trade and clearance flows.

EPN color-coding settings

EPN Color Coding

Exception-based EPN messages are color-coded to aid user prioritization.

FICC-approved vendor for TBA netting and EPN pool allocations

Efficient Processing

All dealer-required clearance and settlement functionality in one place.

Questions

Dealer FAQ

What volume range do you support?
Primary and regional dealer clients with monthly volumes from $1 billion to $180 billion.
How is the dealer service delivered?
Through our 10+ year partnership with FIS Global, paired with TBA Mortgage Master’s automated throughput.
How many people does it take to run?
Average human-capital resources on an AFS dealer desk run under three FTEs — versus two to three times that for comparable legacy processing.
Do you connect to FICC and the matching utilities?
Yes — FICC, RTTM, and CTM connectivity are core to the dealer workflow.

Clear more volume with a smaller floor.

See the dealer workflow end to end.