Commissions

Product Details

Key Benefits:
-Increases timeliness and accuracy of distribution fee / commission calculations
-Increases automation and reduces operational costs
-Full audit trail to aid regulatory compliance e.g. Sarbanes Oxley, MifID, RDR
-Increase quality of service to external distribution partners
-Provides ability to create "what if" and forecast models for distribution fees/ commissions

Key Features:
-Commission can be calculated on transactions, market values, fund flows or one-off fees
-Calculates pay-outs based on a revenue sharing structure with spreads and tiers
-Accommodates calculations on performance-based incentives
-Automatically generates accruals and reversals
-All calculations are flexible and user-definable