FSP Fee Management 1.2

Frankfurt am Main, 06.06.2015: One of the world's largest investment banks went live with FSP Fee Management 1.2 (FFM). FFM is a solution for institutions selling financial products via third parties which therefore claim fees based on distribution agreements.

For the 1.2 Release multiple enhancements were implemented, among others:

New Supplement Agreement Request Workflow, to request a Supplement Agreement for an existing or new Distributor, e.g. by a sales person

Trailer Evaluation Templates now provide a flexible solution to adjust the approval and evaluation of fees to the evaluation periods of the products (Monthly, Quarterly, Semi-annually, Annually) and ensure that the evaluation matches to the product's evaluation

Enhancements to the Client Statements Workflow to sent out statements depending on the approval and calculation status of the fees

Enhancements to the Product Approval screens allowing faster approvals by trading

Integration of the Framesoft Document Management

The web client was enhanced to enable the usage of the same logic between rich- and web- clients.

The conception phase for FFM 1.3 has already begun, the go-live is planned for Q4/2015.