WARRENVILLE, Ill., and OVERLAND PARK, Kan. (8/1/12)--Balance Sheet Solutions LLC (BSS), a broker/dealer, investment adviser and asset-liability management and risk management consultant to credit unions, has partnered with CU Investment Solutions LLC (ISI) to create operational efficiencies.
By partnering with CU Investment Solutions, BSS is able to essentially outsource the back-office compliance function along with the operation, trading and settlement functions, the company said.
BSS is a wholly owned credit union service organization of Alloya Corporate FCU, Warrenville, Ill.
ISI, chartered in 1998 and located in Overland Park, Kan., is a corporate credit union-controlled brokerage firm that cleared more than $10 billion in trades for credit unions during the past year.
BSS cleared close to $3 billion in trades during the same period.