Frankfurt am Main, 09.01.2017: One of the world's largest investment banks went live with FSP Fee Management 1.4 (FFM). FFM is a solution for institutions selling financial products via third parties which therefore claim fees based on distribution agreements.
For the 1.4 Release multiple enhancements were implemented, among others:
-
-
- new Interface to an external Asset Management System for synchronisation of Price, Position and Product data
- new Interface to Framesoft Structured Products (FSP) to directly initiate Inducements from the Sales Interface
- Additional 4-Eye checks
- Generation of Fund Distribution Lists
- Pull functionality to automatically create Products based on archived FpML
- Introduction of a general query interface to access FSP Fee Management Data in external applications
-
The conception phase for FFM 1.5 has already begun, the go-live is planned for late 2017.