Address specific operational needs by easily adding on modules:
Reduce payment costs. Facilitate bulking/netting. Generate messages in formats acceptable to multiple gateways and banks. Immediately identify if payment messages have been processed. At the same time enhance customer service.
Increase straight through processing and reduce time spent entering and validating standard settlement instructions (SSIs) each time a payment is made. Standardise the formatting and exchange of SSI information.
Choose to add SSI Repository as a complimentary module to the Payments module or as a stand-alone module.
Facilitate bulking, netting, control and reversal. Receive ledger balances updates. Generate messages in formats acceptable to multiple ledgers. Immediately identify if posting messages have been processed.
Profit and Loss
Get a detailed view of your P&L. Calculate profit and loss arising from dividend events. Take into account stock loan borrow transactions, depot and market claim transactions and book postings. Allocate the difference between amounts received and paid between tax elements and profit & loss.
Detect updates to positions and trigger updated P&L calculations. Predict and record date estimates, adjusted for taxes. Track over borrowed positions prior to their record dates.
Get set up quickly
Brokerage & Billings Manager is simple, straightforward and easy to implement. It requires no upfront IT investment and will fully integrate with your preferred infrastructure.
Trouble free maintenance
Brokerage & Billings Manager utilises existing feeds/data. Furthermore it can be administered and supported by non-IT professionals.
This means you are guaranteed trouble free maintenance and IT resources will not be burdened.
To learn more about our Brokerage & Billings Manager please Contact Us now.