As an adviser, how will electronic commission help my business?
For intermediaries only14 January 2019
Any adviser firm receiving commission needs to make sure the right payments are matched to the appropriate clients. Electronic commission gives you the opportunity to automate the commission reconciliation process.
Electronic commission statements are:
- available in a file format that's right for you and your back office;
- built to industry standards defined by Origo;
- available at the same frequency as your current statements, and
- in addition we can leave paper statements on or switch them off – you decide.
A robust service
We've been delivering electronic commission to advisers since 1993 and currently provide electronic commission to a large number of adviser firms.
You should start by discussing your needs with your back office software supplier. You and your back office supplier then need to complete the appropriate documentation to enable your electronic commission messages.