Quartal COMMISSION - Commission Management & Sales Controlling

Quartal COMMISSION is a multi-asset class commission and distribution fee management solution that increases transparency and accuracy in commission processing while reducing associated costs and risks. A flexible and innovative solution, it automates the calculation, allocation and reconciliation of distribution commissions and sales costs.

The system offers a calculation and processing engine specifically designed and configured for all aspects of commission and retrocession management, allowing for rapid, reliable and transparent data processing, calculations and real-time reporting. Quartal COMMISSION benefits from great modularity enabling clients to have a solution tailored to their specific needs.

Product Functionality & Processes

Key Features

  • Automated calculation of payable/receivable commissions
  • Allocations and reconciliation on payments and holdings
  • Contract management and workflow
  • Sales controlling and scenario modeling
  • VAT/tax management
  • Sophisticated, flexible user interface and ad-hoc reporting. BI capabilities through dashboards and KPI controls based on leading technology
  • Compliance with current regulations and provide a platform for future regulation compliance in relevant markets
  • Customizable, modular offering provides flexibility to meet client requirements
  • Global implementation capability based on a strong team of industry and product experts as well as local implementation partners for key markets