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Finance &
Regulation

Regulatory frameworks play a crucial role in shaping and overseeing financial activities to ensure stability, fairness and protection of market participants

    Finance & Controlling

    Finance & Controlling

    Integrated General Ledger or interface to other industry standard ledgers; freely definable account structure, chart of accounts and booking rules; multiple balance sheet sheets and flexible reporting possibilities; providing rich information for state-of-the art financial controlling

    Capabilities

    Booking Engine

    Freely configurable account structure, chart of accounts and freely configurable booking rules

    General Ledger

    Multicurrency with different balance sheet structures (local GAAP, IFRS), account statements, profit centers and profit center/cost allocations

    Controlling

    Supplying data for the lexible management of budgets, profit and cost centers, profit center reporting and anaysis

    Key Benefits

    • Be free to design your booking account structure and rules to fit your business needs
    • Pick the balance sheet structures and management control policies that best serve your business
    • Obtain valuable business insights from the flexibility of financial reporting structures

    Tax

    Tax

    Full and automatic tax calculation and tax reporting to clients and authorities, according to the tax regulations of several European countries, including full support of UK CGT calculations, German Abgeltungssteuer and Italian Tax regime

    Capabilities

    Germany – Tax Calculation

    Complete system to calculate the German Abgeltungssteuer on all different products, and also provision the required year end reporting

    USA – Tax Calculation

    Calculation of (backup) withholding tax for US titles, complete FATCA reporting including rules-based classification of the clients; creation of 1042 and 1099 reporting to US IRS

    Italy – Tax Calculation

    All Italian tax calculations – for self declaration, for advisory mandates and for discretionary mandates, are fully covered, including complete year end reporting

    Austria – Tax Calculation

    Austrian KEST is calculated based on average cost, and also taking into consideration all regulations for old positions

    Belgium – Tax Calculation

    The Belgian taxes on trades – both the TOB and the fund TIS – are calculated, and approprate reports produced

    UK – Tax Calculation

    Tax database compliant to CGT legislation for accurate calculation of chargeable gains and allowable losses. What-If future liability analysis allows CGT implications in modelling and asset allocation processes

    Luxembourg – Tax Calculation

    The Luxembourg savings tax is withheld for Luxembourg tax residents

    Switzerland – Tax Calculation

    The Swiss Verrechnungssteuer as well as stamp duty / exchange duty are calculated, and a consolidated tax reporting is produced

    European Taxes and Other Countries

    The platform calculates the FTT in the local implemention of some EU states. It also produces the full OECD-CRS reporting. For clients the process of tax reclaim (e.g. Swiss taxes withheld for German clients) is supported directly in the platform as well as with interfaces to third-party providers

    Key Benefits

    • Reduce risk of tax compliance via full and automatic tax calculations for all products and types of corporate actions
    • Fully support your clients via full administration of tax exemptions and tax balances for private clients or businesses
    • Expand your operations via country-specific tax calculations and reclaims
    • Satisfy clients’ tax reporting needs with a trusted tax reporting solution

    Advisor Compensation & Audit

    Advisor Compensation & Audit

    Streamline and easily manage revenues, compensation and compliance of your sales organisation with a centralised and error-free billing process

    Capabilities

    Sales Organisation Management

    Creation and configuration of complex sales organisation structures and complex client assignments

    Data Import

    Data acquisition from a wide array of information sources

    Fee & Commission Management

    Pay-in & pay-out management, fee calculation, incentives, bonus and commissions, invoices issue

    Incentive Programs & MBO

    Structured set of rules to manage rewards, incentives and MBO

    Online Commission Reporting

    Online fee & commission statements, detailed analysis of monthly commissions, download of related documents

    Audit Management

    Interception of exceptional sales behaviours that could generate operational and reputational risks

    Key Benefits

    • Streamline your business process, minimising human interventions and reducing errors in commission process
    • Leverage a unique, centralised system for complete network management of your sales organisation
    • Benefit of a continuously updated platform to meet regulatory requirements and change in market needs
    • Intercept sales atypical behaviours which may affect firm’s reputation
    • Reduce customer complaints, operational, reputational and capital risk

    Regulatory & Transaction Reporting

    Regulatory &
    Transaction Reporting

    Produce all data for regulatory authorities, prcoess transaction reporting directly to transaction register or regulatory hub, be fully compliant with AML/Sanction Lists/Market Abuse Directives

    Capabilities

    Regulatory Reporting

    Provide the data for regulatory reporting in Germany, Austria, Switzerland, Luxembourg, Belgium, Netherlands, Italy, UK

    Transaction Reporting

    Direct reporting to regulatory hubs

    AML/Sanction Lists/Market Abuse

    Full compliance is ensured by interfaces to specialist systems

    Key Benefits

    • Satisfy any regulatory reporting need via flexible data export, preconfigured for country-specific requirements
    • Ensure regulatory reporting compliance with direct production of requested reports
    • Instantly acquire out-of-the-box compliance with transaction reporting