Exchanges & Trading Venues Payments & treasury

Fee tiers that are not rebuilt every month

How a venue moved tiered membership, connectivity and transaction fees out of a monthly spreadsheet.

The starting point

A client has fees across membership, connectivity and transactions, tiered by volume, with several currencies. Billing was assembled monthly in a spreadsheet, and participants queried the result often enough that the team kept the workings to hand.

What they needed

  • Hold fee schedules and tiers as configuration, not a spreadsheet
  • Bill across currencies and methods
  • Answer a participant query with the calculation
  • Change a tier without a release

What FYNXT delivered

FYNXT holds the fee schedule against the membership class and the participant, and Payment Orchestration collects across countries and methods. Each invoice carries the calculation behind it.

Solutions used

What changed

  • Tiers are configured, not rebuilt
  • A queried invoice shows its working
  • Collection runs across currencies
Use cases

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Next step

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