Zurich, Switzerland (22.12.2017) – Quartal Financial Solutions, a leading global provider of cloud-hosted revenue and expense management solutions, announced that it has signed a 5-year fixed-term, rental agreement with HSBC Trinkaus & Burkhardt for the use of its Quartal COMMISSION solution by their wholly owned subsidiary; HSBC INKA.

Headquartered in Dusseldorf, and with more than 40 years of experience, HSBC INKA are one of the largest master KVGs in Germany. Offering a full range of fund services in the middle and back office, HSBC INKA specialises in administration of a mix of funds ranging from special funds, mutual funds/UCITS to master funds and hedge funds. They also provide innovative solutions for accounting, risk management, tax analysis, as well as detailed standardised and customisable reporting.

Quartal COMMISSION will be used to calculate and pay commissions due to the multiple distribution networks employed on behalf of the administered funds, as well as validating and processing fund rebates due from external fund managers.