Commcise, the provider of award-winning Integrated Commission Management Solutions for investment management firms, has been named as ‘Best buy-side newcomer’ and overall ‘Best buy-side product for 2016’ at the Waters Technology Buy-Side Technology Awards.
Commcise assists investment managers, brokers and independent research providers to demonstrate compliance with the changing regulatory landscape and evolving market practices around commission unbundling and payments for research. The company’s products cover all aspects of the CSA/RPA process including funding, bottom-up research evaluation and reporting. The cloud-based system enables all users to log, store and manage commission data wherever they are across the globe.
Replacing a complex web of processes and spread-sheets, Commcise provides asset managers and investment managers with instant transparency and clarity of ownership of clients’ commission money, together with accuracy regarding where and why commission is being spent.
Amrish Ganatra, MD at Commcise, who collected the award at a ceremony in London, commented, “We are delighted to have received this recognition as the best buy-side newcomer and best buy-side product for 2016.” He added, “With the ever-evolving regulatory and compliance landscape, these awards are a recognition of the technical and business expertise and experience our team possesses, enabling us to provide the best possible solutions for our clients.”
The Buy-Side Technology Awards recognize the industry’s leading technologies and vendors, voted for by a panel of Waters editors, buy-side focused technology consultants and end users. The ‘Best buy-side product for 2016’ award was independently awarded to Commcise following consideration of all shortlisted companies across the 31 categories.