Date Held: October 20, 2011
Distribution and service fee payments to intermediaries is a major expense for mutual companies today. Numerous, complicated fee arrangements with third party distributors and service providers is turning the processing of compensation payments into an operational nightmare. It is largely a manual, time consuming effort involving hundreds of spreadsheets and documents that not only add to expense and lost time, but is a prescription for errors that can put a management company at financial and compliance risk.
In this discussion with industry experts you will learn the best practices firms are using to eliminate spreadsheets in their operations and improve both the efficiency and the accuracy of payment processing.
Money Management Executive's Live Broadcast will feature a roundtable that will explore the need for a consistent and standardized approach to using data and automated processes to mitigate the risk of inaccurate payments and expedite payments.
A panel of asset managers will join a leading solutions provider for compensation management on the panel to explore: