MANAGE BILLING, PAYMENTS, COMPENSATION, POSITIONS, AND CLIENT COMMISSION AGREEMENTS ACROSS ASSET CLASSES, INCLUDING EQUITIES, OPTIONS FOREIGN EXCHANGE, AND FIXED INCOME. Ignite’s Firm58 solution is a financial management software platform that automates capital markets firms’ middle- and back-office processes across asset classes to provide insight into commissions, fees and compliance. The SaaS platform offers solutions for billing (revenue management), profitability analysis (exchange fee management), commission sharing arrangements/soft dollar management, and surveillance & compliance.
As trades are divided across multiple execution venues, it becomes difficult to effectively manage fees, commissions and compliance. From billing or revenue management to regulatory compliance, the Firm58 platform gives businesses the reporting and analytics capabilities needed to identify valuable cost insights and quickly respond to changing market conditions.
Clients include global market exchanges and execution venues, leading institutional brokerages, clearing and non-clearing broker-dealers and proprietary trading firms.
The platform frees companies from the cost and maintenance of on-site infrastructure, with convenient access via your browser.
For more information, visit: ignitetech.com/firm58
Daniel D.
Advanced user of Firm58
★★★★★
It presents the best experience with great organizational performances
What do you like best?
It has a management that aims to increase the company's profit and have a better business analysis. Reports can be customized according to the company's needs in real time. The support is excellent and offers a quick resolution of doubts. The virtual office can be used by remote teams and can work from anywhere. It presents an intelligent market with a management system that optimizes great results.
What do you dislike?
I have nothing to talk about negative about the product, it is simply agile and safe.
Recommendations to others considering the product:
I recommend it because it has excellent resources in the area of finance and helps the organization to have smart solutions maximizing profits and meets the needs of the customer who is very satisfied with the service offered.
What problems are you solving with the product? What benefits have you realized?
The company needed to better manage finances and with FIRM58 we had this solution. We can do a cost analysis and better observe the company's cash flows. Increased employee productivity because it was possible to automate our accounting processes, helping in decision making and improving data security.
Review source: G2.com
