Zurich, (14.08.2020) – Quartal Financial Solutions has recently announced the launch of Quartal COMMISSON & FEE MANAGER Version 12 with the general release of Version 12 on 30th June 2020. The new version strengthens Quartal COMMISSON & FEE MANAGER’s position as a market-leading, state-of-the-art solution for revenue and expense management across the asset management, wealth management, securities servicing, capital markets and insurance industry segments. The release announcement including the key functionalities of the new version is attached to this letter.

According to Quartal’s general Release Policy, Quartal supports the latest two Versions (also referred to as “Releases”) under a valid maintenance agreement. Quartal COMMISSION & FEE MANAGER Version 10, and all minor versions 10.x, will therefore reach End-of-Life as of December 31st 2020.

Extended support beyond the End-of-Life for Version 10 may be guaranteed by means of an extended maintenance provision at an additional cost. Nevertheless we recommend that you upgrade to the latest version in due time, in order to benefit from the new functionalities, components and system improvements. Please also note that according to our policy new functionality will only be implemented on the newest version of the software.

If you have any questions or remarks, please do not hesitate to get in touch with us.

Michael Wagner