CSA/Soft Dollar Program « Firm58 – Management of Fees, Commissions and Payouts for Capital Markets

By: Firm58  09-12-2011
Keywords: Commission Sharing Arrangement

CSA/Soft Dollar Program « Firm58 – Management of Fees, Commissions and Payouts for Capital Markets

Offering a value-add commission sharing arrangement (CSA) or soft dollar program is a proven method for attracting liquidity and driving top-line revenue. But who has the time and resources to manage all of the interactions associated with three-party agreements? Whatever your specific program needs may be, Firm58’s configurable solution helps you automate the invoicing and payment workflow for CSA and soft dollar arrangements, and provide a simple web-based interface for end users to access their balances and history of trading activity.

Automation, visibility, and customer satisfaction

  • Web-based, self-service access provides participants with trade and payment status details
  • View balances, credits and payments, invoices in the queue, audit trails and copies of invoices in one place
  • Access pending and actual balances per trade, per order, per day
  • Insight into accumulated CSA activity at execution level
  • Multi-currency support
  • Increase your commitment to transparency and disclosure to the SEC
  • Track and manage credits and commissions separately

Seamless integration

  • Flexible workflow options support client commission agreements, commission sharing arrangements, soft dollar, and custom loyalty programs
  • Review historical trends and review payments history for reconciliation to books
  • Vendors can view the status of payment requests made on their behalf
  • Integrate with your order management system (OMS)

Keywords: Commission Sharing Arrangement

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