About Xtiva Financial Systems
- Founded in 1995, Xtiva Financial Systems is the leading provider of sales compensation management, correspondent billing, and production reporting solutions for the financial services industry. Our best of breed offering is delivered as a Software-as-a-Service solution, providing your firm unparalleled functionality and capability without the intense overhead of an in-house or deployed system. In fact, Xtiva’s solutions enable firms to more efficiently and effectively manage compensation, at times reducing total costs up to 50% or more, producing significant Return on Investment. Focused in the financial services industry, we have extensive experience in retail and institutional brokerage, correspondent clearing, bank operations, as well as general agency insurance. A large majority of our 50+ staff members have experience in those areas of the industry. Xtiva currently has over 100 clients of all different sizes, processing compensation for a total of 48,000 payees, and our data center processes over 10 million transactions per month. Our products all revolve around our core application called Commission Manager.