FSP Fee Management 1.0

Frankfurt am Main, 08.07.2013: One of the world's largest investment banks went live with FSP Fee Management 1.0 (FFM). FFM is a solution for institutions selling financial products via third parties which therefore claim fees based on distribution agreements. FFM is a new product based on FSP (Framesoft Structured Products).The solution offers a wide range of features to support the processing and management of different types of fees. FFM covers the full fee relevant business process:

Distributors, products and agreements setup

Fee calculation and approval

Booking of fees

Statement generation

The application provides a wide range of features to support the processing and management of different types of fees:

Upload of Prices, Positions, Balances, Reserves and Inventory Holdings

Calculation of Trailer Fees with different calculation methods (Daily Accruing, Interval Rate, Average Price, Exotic, Balance * Price * Rate)

Multiple evaluation and payment frequencies

Balance upload via custody files or E-Mail request to distributors

Processing of upfront fees

Distributor management including agreement handling for master and supplement agreements as well as contact management

Fee approval based on a full fee overview on product level including estimates

Booking of fees