Framesoft

Frankfurt, Germany, 2016-06-08

FSP Fee Management 1.3

Frankfurt am Main, 30.05.2016: One of the world's largest investment banks went live with FSP Fee Management 1.3 (FFM). FFM is a solution for institutions selling financial products via third parties which therefore claim fees based on distribution agreements.

For the 1.3 Release multiple enhancements were implemented, among others:

Calculation of Euro amounts for fees in foreign currencies

Upload of exchange rates

Automatic, template based generation of supplement agreements

Auto release of netting payments

Blind keying-, limit- and sanity checks

Multi-Tenancy capability

The conception phase for FFM 1.4 has already begun, the go-live is planned for late 2016.