With a multi-level distribution network, this major American financial services company will calculate payable retrocessions, rebates and trails on behalf of their clients (i.e. prestigious fund producers). Installed in London, with users in Dublin and Luxembourg, this customer will use Quartal COMMISSION to increase scope and accuracy of their fund distribution and calculation services and leverage their world`s top reputation and customer satisfaction.
As planned, the joint project will be completed in the coming weeks and the solution Quartal COMMISSION will be put into operation. Other projects for this customer are already in dis-cussion.