SmartPayout

Brokerage Payout Reconciliation Simplified For Asset Management Companies

Experience the Automation of Brokerage Payout Reconciliation with our Advanced Digital Solution

Calculation of payout based on RTA data

Automated scheduler-based data synchronization mechanism for RTA data

RTA payout reconciliation with accuracy of more than 98%

Supports over 100 Crore Records of very High-Volume data

Max 3 days TAT for processing and reconciliation

Win over your challenges with SmartPayout

SmartPayout is an automated Brokerage Payout Reconciliation Solution for Asset Management Companies, ensuring reconciliation at transaction level for their distributors. Solution handles brokerage Payout across different broker categories and commission types. This on-premise/cloud hosted solution offers various reports such as brokerage payout, broker category wise, reconciliation reports.

Features

Key Features

Transaction level Brokerage Payout calculation and reconciliation
Financial Benefit: Excess payout can be avoided by ensuring reconciliation of all transactions across brokers
Handles cases of Change of Broker and Transfer of AUM
AUM Calculation and reconciliation of Folio scheme-level across distributors
Reconciliation based on regulatory, statutory and business rules
- Calculations are directly performed on RTA Data and no customer sensitive data is shared.
Reconciliation Reports – Brokerage mismatch cases highlighted with reasons
Customized report/ MIS: Facility to separately extract lump sum and systematic reports
Dashboards as per business requirement
Rate definition available on:
- Base Rate
- Broker Level
- Category Level
- Scheme Level
- Transaction Type Level
- Transaction Level