"Commission Optimizer goes deeper into the process by giving us the ability to view past, present and future budgets to meet SEC requirements and it stores all vendor application and service licenses information associated with soft and hard dollars. It also gives us the ability to track and record justification for each analyst vote for broker allocations. Commission Optimizer is an all around product that gives us better control of our commission and fund expense management," says David Bentley, Applications Manager for The Boston Company Asset Management; LLC.
"Commission Optimizer is used by 11 of the top 50 asset managers," says David Quinlan, President of Eze Castle Software. "Given the ongoing regulatory pressures from the FSA and SEC to increase transparency and accountability of commission spending, it is only logical that firms implement the technology to track, analyze, and report their commission activity. Our product Commission Optimizer is the technology they need to meet the pending regulatory standards.
Currently 23 asset managers with a combined total of over $1 trillion dollars under management use Commission Optimizer to manage their commissions and expenditures.