FundLine
Automated calculation and processing of fees and commissions
FundLine supports the automation of all activities related to the processing of commissions and fees (e.g. trailer fee/sales commissions, administration, custodian bank and management fees). Both payment and receipt as well as distribution of commissions are comprehensively covered in an audit-proof way and in compliance with regulatory requirements such as MiFID II.
Modularity and flexibility of FundLine ensure timely, cost-effective and demand-oriented solutions for your requirements
Key features
- Automated calculation of commissions (payout/payment receipt)
- Calculation and allocation of complex fees
- Subsequent billing
- Simulation for past and future periods
- Consideration of taxes
- Calculation of corrections / cancellation
- Intelligent contract management
- Data import from various sources and in various formats
- Integrated Task Management System (workflow)
- User-controlled import template
- Identification of cascading balances (avoids double counting)
- Identification of multiple imports
- Different calculation methods, calculation dates and billing periods as well as volume scales and min/max fees
- Creation of individual reports for internal and external recipients according corporate design requirements
- Multi-client/provider capability
- Multi-currency system
Your benefit
- Compliance with regulatory requirements (e.g. MIFID II)
- Increased efficiency through automated processing
- Revision safety
- Comprehensive reporting
- Avoidance of overpayments
- Detection of interlaced holdings
- Recognition of unused yield potential
- Improvement of processing quality
- Improvement of the service for internal and external recipients
