Asset & Fund Managers Partners & introducers
Trailer fees that reconcile themselves
How a fund manager replaced a quarterly spreadsheet with trailer fees accrued per distributor and per share class, with the calculation kept.
The starting point
A client has money coming through private banks and independent advisers on different fee terms. Every quarter someone rebuilt a spreadsheet of average holdings per distributor and per share class, and distributors queried the result.
What they needed
- Accrue fees on holdings over the period, not on a snapshot
- Handle different terms per distributor and per share class
- Show the working when a distributor queries a number
- Produce the payable without rebuilding it each quarter
What FYNXT delivered
FYNXT put Incentive Management over the investor record. Fee terms are configured per distributor and per share class, accruals run on holdings through the period, and each payable carries the calculation behind it.
What changed
- Accruals replace the quarterly rebuild
- A queried number has its working attached
- Terms change without a spreadsheet
- Onboarding & compliance
A subscription pack that fills itself in
Digital Onboarding · Financial CRMRead the use case - Client service
Statements investors can find themselves
Client experience · Financial CRMRead the use case - Payments & treasury
Subscription monies matched to the right investor
Payment Orchestration · Financial CRMRead the use case
Next step
See how FYNXT would run this for your firm.
Book a demo and we will walk through this use case on your own set-up, with the systems you already run.