Subject: File No. S7-11-10
From: Jose Manso
Affiliation: EVP, Sales & Marketing, Middle Office Solutions LLC

August 11, 2010


My name is Jose Manso and I EVP of Sales, Marketing and Industry Relations for Middle Office Solutions. The purpose for my email is in reference to the above mentioned topic, Consolidated Audit Trail (File No. S7-11-10). I have been following the progress of this proposal from its inception. It is definitely something that the industry needs and will allow the industry to continue to grow with no concerns.

I have been in the industry for 25 years now and have seen our industry grow at an incredible pace. Middle Office Solutions has several products and services that service for Custodians, Brokers, Investment Managers, Hedge Funds and Prime Brokers. Our products serve clients as utility for different business functions in HUB model. We have all major players on our products and services.

The purpose of my email is to see we can meet with the necessary individuals responsible and present our solution. Our system is done and can handle your proposed model today at much more cost effective model to you.

Thanks and I want to thank you in advance for your response, my contact details are below, talk to you soon.

Jose Manso
EVP, Sales & Marketing
Middle Office Solutions LLC