Commcise Sell

Commcise Sell is a cloud-based Commission Management solution built to meet the needs of Sell-Side firms.

It allows all buy-side customers to be managed in a single platform.

Overview of product benefits
Automated Trade Reconcilation

Commcise Sell automates the reconciliation of trades with your buy-side Customers. Commcise Sell can be configured to consume data in any format supplied by your client.

System Integration

Commcise has been developed as an entirely new application and all modules are designed to work together; as an example, the rule engine module and the trade reconciliation module combine to allow incoming trades to have commission split automatically.

Implementation Speed

The entire Commcise suite is cloud-based which allows very rapid implementation. The principal tasks are definition of customer file formats and some basic static data configuration e.g. entering customers and users.

Dynamic Rules Engine

Commcise Sell incorporates a state-of-the-art Rules Engine that can allow brokers to rapidly unbundle trades as requested by your buy-side Customers. The Rules Engine additionally manages the Eligibility and discrete Research Pool rules relating to each client.

Dynamic Research Pools

MIFID II is bringing greater scrutiny to how asset managers manage their client commission spend. Commcise Sell allows brokers to make this transparent for their buy-side Customers by allowing research commissions to be tracked by Dynamic Research Pools.

Overview of product features
Rule Engine

The Rule Engine provides a means to split the commission on a trade into execution and research components

Reconciliation

Trade reconciliation is carried out automatically by a matching and reconciliation engine; exceptions are reported and interaction between both parties within the system is possible to resolve any breaks

Invoice Management

Invoices can be added, approved, assigned between desks, split by eligibility; the system will also determine the best party to pay based on an optimisation, with configurable exclusion constraints application

Research Events

Brokers can bulk upload events and research into the system; this will be displayed at voting time to provide voters with reminders of the background to the award

Accounting

All transactions are stored in an accounting system using double-entry bookkeeping

Press Releases

Commcise - Neonet logo

Neonet Partners with Commcise for Commission Management Solution

Stockholm, 23 October 2014 – Neonet Securities, the independent agency broker and execution specialist, today announced that it has partnered...read more
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Commcise wins Newcomer / Innovator of the Year Award

Commcise is proud to announce that is has won a prestigious Newcomer / Innovator of the Year award at a...read more
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