The rising demand for innovative customer services at globally competitive prices
necessitates the need for managing revenue streams at financial services organizations
while helping them expand their business and optimize their performance. MoneyWare
TM
Revenue and Incentive Management System (RIMS) is the next generation module
of the MoneyWare
TM Wealth Management Suite, which enables users to maintain different
types of income and their specific logical combinations. MoneyWare
TM RIMS modules
powers organizations to produce precise data in various dimensions and facilitates
the maintenance of rate cards in the system, devising of commissions receivable
and payment schedules, generation of several business and operational reports, and
setting up and managing a wide variety of incentive programs for their sales force
and client engagement teams.
Efficient Revenue Computation
Supports efficient revenue computation for several products like:
- Equity
- Mutual Fund
- Debt
- IPO
- Derivatives
- Structured Notes
- Managed accounts
Flexible Computation of Client/Advisory Fees
Enables users to maintain Client/ Advisory Fees under a flexible modules of:
- Transaction Based Fees
- Performance Fees
- Entry and Exit Modules
- Custodian Charges
- AUM Based Fees
- Manages Variable or Fixed Project/Services Fees i.e., Financial Planning Fee, Ad
Hoc Legal Advisory Fee, Estate Planning fee
Accurate calculation of payouts
System supports to maintain slabs, compute the revenue payable and facilitate the
actual payouts to sub brokers, channel partners and IFAs
Improve Operational Effectiveness of Human Capital
Maintains then incentive logic for Sales Force such as
- Calculation of CTC based on direct targets.
- Super imposes incentives with client acquisition.
- Super imposes incentives with KRA/KPI Ratings, Group and Pan Country Performances.
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