Commission Processing
Growth often requires creativity and flexibility to attract new RIAs. Managing complex payout structures can be burdensome for your finance team without a solution that meets their day-to-day operational needs. Our Commission Management module provides a powerful user friendly portal for importing direct and indirect commission transactions from third party sources, managing and tracking charge-backs and expenses, matching commissions to actual orders and processing payroll as often as you need.
- Integrated with BMS and TMS
- Provides automated feeds for direct and indirect orders for commission capture and processing
- Import functionality for capturing third party reported trade data from NFS, DTE, IDC and other vendors
- Feature Rich User interface for entering commission payments
- Insurance Company payments
- Mutual Fund commissions
- Automated features for capturing NFS transactions
- Chargebacks, 12B1 fees
- Commission Processing and Payment Management
- Automated Payment allocation to blotters
- Chargeback calculations
- Minimum Production tracking and calculation
- Commission Override tracking
- Extended Reporting and Dash-boarding
- and much more …