Wholesale Funding Solutions for Depository Institutions

Q: How do these programs benefit my bank?

Flexible Funding Overnight and term options based on your bank’s liquidity needs Competitive Rates 1 Program rates that are competitive with other funding sources. Diversification Stable funding from multiple origins to reduce concentration risk. No Collateral Required Clear balance sheet burden while maintaining funding access. Same-Day Access 2 Fast liquidity management aligned with operational rhythms. Effortless Management Single omnibus account per program for streamlined oversight.

Access Competitively Priced, Flexible Deposit Funding.

R&T delivers modern wholesale funding solutions that give depository institutions immediate, flexible, and collateral-free access to liquidity.

Attract stable, cost-efficient funding that meets regulatory requirements by leveraging R&T’s technology-driven sweep platforms—unlocking new sources of liquidity without pledging collateral or adding operational complexity.

A Smarter Path to Wholesale Funding

The Demand Deposit Marketplace® (DDM®) and R&T Insured Deposits (RTID®) programs, administered by R&T Deposit Solutions, offer banks:

A more efficient method for sourcing funds
The ability to diversify their balance sheet
A convenient way to strengthen liquidity

Our solutions provide a reliable, configurable funding source to meet your bank’s needs.

DDM®

Demand Deposit Marketplace® Program

The DDM program is an automated daily cash sweep program that can help your institution achieve its funding needs by receiving deposits from a network of other sending institutions. The DDM program also allows your institution to better compete in a changing market environment by taking advantage of a multitude of pricing indices and term structures.

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RTID®

R&T Insured Deposit Program

The RTID program is a deposit sourcing program that enables participating institutions to grow and diversify their deposit base with third-party/wholesale funding from broker-dealers, clearing firms, and registered investment advisors.

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How It Works

For each of the DDM and RTID programs, the receiving institution opens a single omnibus account. If participating in both programs, two single omnibus accounts would be required. Other participating sending institutions, acting for themselves or as agent for their customers, sweep or place funds into those omnibus accounts.

Under the DDM program “Receive-Only” model and the RTID program, depository institutions become part of the R&T network of participating receiving institutions that can receive funds from other participating sending institutions that sweep or place their customers’ funds into the network to provide those customers with access to an expanded level of deposit insurance coverage on their funds.

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Program Advantages

Diversified Funding:

Enhance your financial resiliency by leveraging multiple sources to reduce concentration risk and stabilize funds.
Competitive Floating Rates:

Secure competitive interest rates that adjust automatically with Fed rate changes to avoid fixed-rate lock-in.¹
Hedge-Effective Indexing:

Align funding with indices like SOFR to maximize swap efficiency.
Balance Sheet Flexibility:

Maintain control over funding levels to manage your balance sheet more effectively.
Same-Day Funding:

Access immediate liquidity without any settlement delays.²
No Collateral Required:

Obtain funding without pledging collateral, unlike Repo and FHLB advances.
Simplified Account Management:

Utilize a single omnibus account for each funding source to streamline monthly settlements and reduce administrative effort.
Relationship Approach:

Receive personalized service, responsive support, and fair treatment for institutions of all sizes.

From Our Clients

“The sweep deposit program provides a diverse source of funding with flexibility around target balances to address our evolving funding needs over the years.”

Senior Vice President, Wholesale Funding & Liquidity
National Bank

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FAQs: Funding Solutions for Depository Institutions

What are the DDM® and RTID® programs?

The Demand Deposit Marketplace® (DDM®) program, administered by R&T Deposit Solutions, is a daily sweep solution in which banks receive deposits from other network member institutions under flexible pricing and term options.

The RTID® (R&T Insured Deposits®) program, administered by R&T Deposit Solutions, is a funding solution that allows banks to attract deposits from broker-dealers, clearing firms, and RIAs to help you diversify and grow your funding base.

How do these programs benefit my bank?

Flexible Funding : Overnight and term options based on your bank’s liquidity needs
Competitive Rates¹ : Program rates that are competitive with other funding sources.
Diversification : Stable funding from multiple origins to reduce concentration risk.
No Collateral Required : Clear balance sheet burden while maintaining funding access.
Same-Day Access² : Fast liquidity management aligned with operational rhythms.
Effortless Management : Single omnibus account per program for streamlined oversight.

How is this different from traditional wholesale funding?

R&T designed its programs to provide predictable, automated funding flows that respect regulatory boundaries and reduce administrative friction.

Is R&T a bank or a provider of FDIC insurance?

No. R&T Deposit Solutions is not FDIC insured, nor a depository institution. It administers sweep programs that leverage insured partner banks to provide access to expanded “pass-through” deposit insurance coverage.

What is involved in setup, and what is required on an ongoing basis?

We can implement a single omnibus account structure in a matter of days. Our allocation engine prioritizes wire minimization, and there is only one month-end settlement process.

¹ While interest rates obtained on funds placed at receiving institutions under the DDM and RTID programs may, under certain circumstances, outperform cash alternatives, such as money market funds, the primary objective of the DDM and RTID programs is to provide customers with convenient access to expanded FDIC insurance coverage on their funds (and not for investment enhancements or higher rates of returns or profits).

² Subject to R&T’s cut-off times.

Resources

Fact Sheet

Funding for Depository Institutions