NSCC sponsorship through Foreside provides a cost-effective and time-saving alternative to the direct NSCC membership process for new funds. Foreside can sponsor (apply for, obtain and maintain) an NSCC membership participant number for domestic funds, collective trusts, and foreign funds such as SICAVs and UCITS. Additionally, Foreside provides guidance to clients and their transfer agents with respect to administration, implementation, and maintenance of funds’ operational policies and procedures to assist with NSCC compliance.