FIX-related products and services

Flyer CSA: Commission Sharing Agreements

FIX Flyer LLC FPL
225 Broadway
New York, New York 10007 US

Flyer CSA simplifies commission management workflow between trading, operations, compliance, legal, vendors, and research partners and makes it easy for prompt and accurate payments using accrued commissions. Flyer's CSA platform allows the industry to comply with SEC section 28(e). The Flyer CSA platform integrates trade system data, along with commission and account reference information as well as payment information. In addition, the buy side can automatically reconcile trades with the broker by uploading exported trades from their own Order Management Systems or Portfolio Management Systems and search the broker's recorded trades. Every payment and approval action between counter-party and internal compliance group is logged and kept in the system. Events and notifications are provided in real time through the web interface and via email.

Architecture

J2EE, Websphere

Asset Class

Equities, Fixed Income

Domain

Middle Office

FIX Version

4.0, 4.1, 4.2, 4.3, 4.4, 5.0

Language

Java

Middleware

JDBC

Web site

http://www.fixflyer.com/CommissionAndTradeManagement

Contact