Commissions

Commissions is the premier solution in the asset management industry and has been recognized as “best in class” by 13 of the world’s top-20 asset managers. Bonaire’s expertise and products improve the quality of your commission processes and allow the delivery of highest levels of service to your distribution partners.

Key Benefits
• Increases timeliness and accuracy of distribution fee and 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 and 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 Integrated workflow, exception processing and tolerance-based validation
• Straight through processing (STP) for commissions, accrual calculations, G/L postings and reversals

Technology Leadership
• Browser–based
• Open standards-based infrastructure
• Integrated Business Intelligence and reporting
• Scalable solution that will grow with your organization’s account volumes
• Enterprise ready for multi-site deployment
• Seamlessly interfaces with record-keeping,custodial, accounting and general ledger systems