through automated validation and reconciliation of BCE fees. Trade Execution ... + Leverage domain-centric business proc
TEEM: Trade Execution Expense Management October 2016
INTRODUCTION With a growing complexity and volume of trading agreements spread across geographies and desks, coupled with increasingly stringent customer focused best-execution regulation, managing these
relationships presents a distinct set of challenges to Capital Markets firms. Resultant execution costs have escalated to between $250M and $2B in ‘Tier 1’ and top-end ‘Tier 2’ firms.
TEEM reduces execution costs by between 5 to 12% and increases operational efficiency by 30%
Trade Execution Expense Management (TEEM) provides a way to reduce your trade execution expenses despite these challenges, enabling you to:
1. ELIMINATE FEE LEAKAGE through automated validation and reconciliation of BCE fees
2. OPTIMIZE COMMERCIAL AGREEMENTS and identify redundant agreements
3. AUTOMATICALLY ALLOCATE EXPENSES to costs centers and trade desks
4. IMPROVE OPERATIONAL EFFICIENCY through best-in-class outsourced operations
5. ENHANCE TRANSPARENCY across the entire enterprise
IMPROVE PROCESS EFFICIENCY Implement best practices and automate expense allocation across cost centers and desks. +
Move business processes to an exception-based model
+
Adopt industry best practices designed to minimize manual touch points, optimize automation and promote straight-through processing
+
Optimize commercial agreements across the enterprise via cross-vendor comparison and best execution analysis
+
Strengthen commercial position through the provision of specific renegotiation analytics and reports
REDUCE OPERATIONAL COSTS Deliver early ROI through accelerated savings, drive down the cost, time and risk of manual processes, and transform CapEX into OpEX. +
Leverage domain-centric business processes as a service
+
Minimize fee leakage via fully automated fee validation and reconciliation
+
Reduce manual intervention by adopting an exception-based processing model
+
Use reconciled fee data to automate the allocation across cost centers and desks
TIMELY RETURN ON INVESTMENT Investments in TEEM deployments will be met with a rapid ROI thanks to: +
+ +
An up-front “discovery” approach that supports KPI-based
Oracle Financial Services Revenue Management and Billing Oracle Financial Services Revenue Management and Billing delivers powerful relationship-based pricing, expense management, and billing capabilities— enabling banks to be highly efficient and maximize fee-based income.
personalized pricing
•
Improve enterprise revenue management, expense management, and cash flow
Projected savings of 8-15% on total BCE fees
•
Provide personalized customer service and reduce manual processing
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Support complex pricing agreements and implement rules-based collections
•
Create a single global instance across multiple lines of business/products
A progressive deployment approach which underpins “quick wins”
What could Trade Execution Expense Management do for your organization? Email
[email protected] or
[email protected] to learn how to get started today.
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