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The move to fee based financial advice requires a fast and efficient approach to effectively process the increasing proportion of trail and renewal commission - from both an Adviser and client perspective

Firms that have looked to 1st - The Exchange for a solution have benefited from an unrivalled e-Commissions tool, which with the support of expert advice and consultancy from 1st can normally be configured to exactly match your business processes.

Adviser Office from 1st - The Exchange links to numerous providers and fund platforms including Cofunds, Aegon Scottish Equitable, Standard Life, Friends Provident and Selestia, AXA, Clerical Medical, Legal & General, Prudential, Scottish Widows and Skandia.

Adviser Office enables firms to automatically pinpoint exactly what they receive from providers for both initial and renewal commission.

e-Commissions at a glance

• No additional license fee
• An initial commission consultancy day to produce an implementation plan for your business
• One standard user interface
• Configuration and setup of e-Commissions in a test environment
• Commission is automatically matched to expectations
• Ability to update plan numbers from the commission statement
• Initial and ongoing registration with product providers
• Significant reduction in the time spent matching payments, allowing your valuable resource to focus on managing exceptions
• Reduced training overhead
• Ability to measure client profitability
• Clear audit trail of payments
• Cleansed data allowing you to improve your commission matching rate month on month and make greater use of related e-Business for valuations and pipeline tracking
• Access to 1st EDI mailbox to receive commission messages (usual cost £1,500)

For more information on e-Commissions please contact us on 0845 068 8000 or email sales@1stsoftware.com.