London, New York, Bangalore 02 May 2017. Commcise, the award-winning provider of integrated commission management, research evaluation and reporting solutions for investment management firms, today announced the opening of an office in Bangalore, India. The new office is strategically located to provide time zone advantage in serving the needs of the increasingly globalised and growing Commcise client-base.
The Bangalore office is led by Chirag Khatter, recently joined as Global Head of Support. Chirag, who brings rich experience of supporting global financial services clients, commented, “Bangalore, being India’s Silicon Valley, positions us well in acquiring the right talent to address our growing client base support requirements.” He added, “I have worked with Commcise co-founders in the past and am delighted to have joined Commcise at such an important time in its growth.”
The office will assist the current European and US-based resources and provide support for global implementations and onboarding, testing, development and application support services. The specialist team members previously worked with leading buy-side clients.
Amrish Ganatra, Managing Director and co-founder of Commcise said “Opening our office in India is an important part of our strategic plans for 2017. We are excited to be adding to our team globally, with such talented professionals like Chirag and the fantastic team he is building, to support our growing client base.” He added, “This extends our managed services portfolio around commission reconciliation, payment monitoring and research interactions management, which will deliver additional cost efficiencies to our clients.”
The addition of both technical and business focused personnel in India is in response to increased global demand for Commcise’s solutions, which deliver efficiency and transparency around research payments under new industry regulations.
Commcise provides a fully integrated cloud-based commission management, research evaluation and reporting platform for both buy and sell-side firms around the globe. Responding to the latest regulatory drivers, the solution offers automated reconciliation, invoice management, broker voting, consumption tracking, commission management, commission budgeting and reporting.