Business Control Solutions today announced the latest release of their network management control software, BCS Arc, which they will be showing at this year's NeMa event in Warsaw. NeMa is Europe's largest network management conference for the securities industry.
BCS Arc is a global custody and network management solution that focuses on bringing down the costs of agent bank and brokerage fees while improving an organisation's ability to comply with a multitude of different regulations. With its ability to model any fee structure and then reconcile the invoices received, it quickly enables an organisation to get on top of the costs that occur within the global custody and brokerage space.
Adrian Somerville, Managing Director says "The ability to drive down costs at the same time as maintaining or improving productivity, in a climate of ever-increasing regulation, is vital for global custodians. BCS Arc is a market-leading agent bank network management software product that can reduce agent fees, improve regulatory compliance and provide greater process control."
Business Control Solutions will be on hand at NeMa to provide product demonstrations and their knowledgeable staff will be available to talk about how the software has helped reduce agent bank costs in a number of leading financial institutions through the centralisation of agent data and an increasing in process efficiency. Arc also reduces risk and improves governance across the network management space.