For Brokers/RPsCommissioner
Commissioner
Broker Compensation and Performance Reporting
For brokers
Compensation and performance reporting for brokers: every trade, credit and fee matched to the right person and the right grid.
Commissioner answers two questions that are usually answered by different spreadsheets: how is the firm doing, and how am I doing.
Management sees which clients, teams and traders are producing, and who covers whom. Each person sees their own production daily. That second part is what removes make-goods, because a booking error surfaces the day it happens rather than after somebody has been paid.
What it does
- Daily reporting, by client and by person
- Performance by client, team and trader, produced daily rather than reconstructed at period end.
- Everyone checks their own numbers
- Each person views their production on their own schedule, so mis-booked trades are caught before payout instead of corrected after it.
- A rules engine that matches your policies
- Goals, hurdles and exceptions, with rules that differ by client, product type, deal size and geography.
- Agreements that change during the year
- Compensation grids, coverage and rules are date-based, so a mid-year arrangement does not require a parallel spreadsheet.
- Expenses, fees, loans and draws
- Managed alongside payout, so what each person should expect is one number rather than several.
- Client profitability, properly loaded
- Revenue credits, fees, overhead and client-related expenses in one view, including draw and benefit programmes.
- Built for firms that acquire teams
- Multi-team, multi-product-line and multi-office structure, so an acquired desk is configured rather than migrated.
- 1,000,000,000+
- compensation permutations