Driving Efficiency and Compliance:
Automated Fee Management Transformation

Manual Processes Create Compounding Risk

A major US investment management firm with over $100 billion in assets under management (AUM) faced significant fee management challenges.

Manual processes for fee payment, allocation and invoice tracking led to inefficiencies, regulatory and financial risk and difficulty maintaining accurate records and compliance.

BetaNXT Fee Management Platform

Seeking a robust tool to address these critical challenges, the firm turned to BetaNXT’s Fee Management solution to automate intermediary fee processing, enable independent invoice verification and introduce reasonability checks and dashboard tracking.

This comprehensive tool features rules-based intermediary invoice reconciliation, ensuring strategic focus and organizational consistency while streamlining workflows.

Processing Efficiency

Reduced transfer agent and Omnibus file processing time by 70%, protecting payment due dates and accelerating invoice readiness

Regulatory Assurance

Strengthened regulatory compliance and reduced exposure to financial risk through full audit capabilities and automated verification reports

Six Months, Ahead of Schedule

A focused six-month rollout included daily collaboration, streamlined training and rapid setup of fee structures and invoice mapping across 90 intermediaries. The process was completed ahead of schedule and under budget.