Our Solutions
The Optimal Balance of Capacity, Cost, and Capability.
As a leading provider of tailored reciprocal deposit programs, R&T offers flexible solutions backed by a network of hundreds of participating institutions designed to support the diverse funding, liquidity, and deposit insurance needs of financial institutions.
DDM®
Demand Deposit Marketplace® Program
Offer access to millions in expanded FDIC insurance coverage and control your balance sheet.
Financial institutions must manage deposit mix, pricing, and liquidity while meeting customer expectations for expanded FDIC insurance coverage. The DDM program is a flexible cash management program with send, receive, and reciprocal deposit options, enabling program-level control to dynamically adjust balance sheets while offering customers access to millions in expanded FDIC deposit insurance coverage.
CDMX®
Certificate of Deposit Marketplace ExchangeSM Program
Deliver fixed rates and flexible maturity options with FDIC-insured CDs.
Offer customers a fixed-rate deposit option that complements your daily liquidity strategies. The CDMX program places your customers’ funds into CDs across a network of participating institutions, providing competitive fixed rates1, flexible maturity options, and access to millions in expanded FDIC deposit insurance coverage.
RTID®
R&T Insured DepositsSM Program
Configure a cash sweep around your compliance and operational needs.
Broker-dealers need sweep programs that align with your specific compliance requirements and existing operational structures. The RTID® program is a configurable send-only cash sweep solution that allows firms to customize bank lists, coverage levels, and account structures to align with your customer strategies, institutional relationships, and compliance requirements while providing customers access to millions in expanded FDIC deposit insurance coverage.
Funding
Deposit Funding for Financial Institutions
Access wholesale funding without pledging collateral.
Banks looking to diversify and grow deposit funding can receive deposits from R&T’s extensive network of sending institutions at competitive rates1, with same-day availability2 and no collateral requirements. The DDM, CDMX, and RTID programs provide a stable, efficient source of liquidity and added flexibility to help manage balance sheet needs.
Our solutions are configurable, competitive, and can be private-labeled as an extension of your brand. The R&T platform supports 50+ core processors and manages over 11 million customer accounts across an extensive network of hundreds of participating institutions.
Click here for R&T’s list of receiving institutions in the DDM, CDMX, and RTID programs. R&T is not an FDIC-insured institution. FDIC deposit insurance only covers the failure of an FDIC-insured institution. NCUA deposit insurance only covers the failure of an NCUA-insured institution. Certain conditions must be satisfied for “pass-through” deposit insurance coverage to apply.
1 While interest rates obtained on funds placed at receiving institutions under the DDM, CDMX, and RTID programs may, under certain circumstances, outperform cash alternatives, such as money market funds, the primary objective of the DDM, CDMX, and RTID programs is to provide customers with convenient access to expanded deposit insurance coverage on their funds (and not for investment enhancements or higher rates of returns or profits).
2 Under the DDM program, funds are deposited into demand deposit accounts (DDAs) or money market deposit accounts (MMDAs) at receiving banks or share draft accounts or share accounts at receiving credit unions. While your customers’ funds are held in MMDAs or share accounts, the return of your customers’ funds from the DDM program may be delayed as, under federal regulations, the receiving institution is permitted to impose a delay of up to seven days on any withdrawal request from an MMDA or share account.