âWe have been a client of Xtiva since 1998 and are very excited about continuing the relationship for years to come.â said Stephen J. Bonnema, Chief Operating Officer of Wunderlich. âIt was clear after spending some time evaluating other vendors that this is the best fit for our company. Xtiva is helping us expand and automate our private client business. We are also expanding our institutional capability and Xtiva will help us manage compensation and reporting for that business as well as our traditional private client business. In addition, we will benefit from Xtivaâs experience with integrating information from our clearing partner, First Clearing.â
Xtivaâs SaaS offering enables brokerage firms to support all of their compensation from any business unit in a flexible business rules engine and improve business performance.
âWe are very happy to make this announcement today and appreciate the loyalty from Wunderlich.â said Thomas Moysak, Executive Vice President at Xtiva. âWe look forward to helping Wunderlich launch new business initiatives and grow with them over the next several years.â
The Xtiva suite provides full support for commission and compensation planning, and reporting. Key benefits of the Xtiva suite include:
+ Data Consolidation â Clients gain command of all key business data in one accessible and
extensible data mart;
+ Flexibility - Easy modeling of unlimited payout, fee, and bonus structures to support the
evolving business needs of a brokerage firm;
+ Efficiency - Streamlined back-office processing and automation of processing for all types of
+ Business visibility - Enterprise production reporting, including management-level reporting,
agent/advisor, branch, account, products, etc.