BROKER DEALERS AND RESEARCH PROVIDERS
COMMISSIONER
Compensation, Revenue, and Profitability Reporting
Complete Performance and Compensation System for institutional and retail brokers. Every broker needs a robust and completely reliable tool to identify performance issues for their team and to implement targeted and complex compensation systems. The Commissioner gives management, traders, and financial advisors the tools to view key performance metrics and to track all compensation rules, tiers, hurdles, and overrides, as well as complete expense, draw, and employee loan offsets. Eliminate accidental overpayments and “make goods” while supercharging your team! Portal for employees to view their compensation at any time makes issues at the end of the payment period a thing of the past.
COMMANDER
CSA Payment and Aggregation
Expand the services you can offer your clients with the most comprehensive system available. Not only can you now offer CSA (and RPA services for MiFID II clients), you can offer complete aggregation services, reconciliation, and approval workflow for even the most demanding client. Give clients access to their portal to see their results, run trade reports, see statements, and manage payments without tying up your resources. Connections to your clearing and payment systems makes Commander a straight-forward addition to every broker’s list of services for their clients. Let your team focus on client satisfaction and growth!
RESEARCH INVOICING & INTERACTIONS
Unlock Revenue and Invoicing Efficiency Across All Your Services
Invoicing is the lifeblood of any firm and the ability for research firms and brokers to generate invoices properly given the unique requirements of clients can make or break a firm.
Spinnaker Invoicing System manages all aspects of your client invoicing, from scheduled invoices to different VAT treatment for each client, from collecting and distributing interactions to managing individual pricing models for each client, and from handling all of your agreements in one place to staying compliant with e-invoicing standards. Spinnaker does it all, connecting invoicing, receivables, and payents to your internal accounting system and allowing for complete revenue attribution back to the teams who have earned it so performance is easy to track. Spinnaker is fully CSA capable and allows for invoices to be paid directly or via a payment aggregator, all with full deposit tracking.
OUTSOURCED TRADING
Expand Your Outsourced Relationships
Open up new client and trading opportunities with Castine’s Outsourced Trading module. Empower your team with a portal for all client agreements, track progress against budgets, and generate invoices and statements. Avoid the operational risk of using spreadsheets to manage this important new growth area while giving your traders access to high-level and granular data. Enhance your client relations with a client portal where they can see where their plan stands 24/7.
AGGREGATED TRADE REPORTING
Every broker can benefit from Castine’s Aggregated Trade Reporting. Handling over 100 million trades on a sub-second basis removes the barriers encountered when trying to report across multiple data feeds, clearing files, clients, asset classes, currencies, trade types, etc. Scales to over 3b trades.
Trader, sales, operations, and compliance teams can use ATR to do tactical and strategic reports across all their trading activity, without having to wait for programmers or using complex pivot tables. A curated dashboard lets regular users create and run reports themselves instantly and accurately, yielding answers that can be acted on immediately before an opportunity is lost.