Features of  CMTA Direct for Executing Brokers:

 

Within the CMTA billing process the Executing Brokers lack transparency into discrepancies on their monthly invoices and the payment of them. Brokers are generally in a “wait and see” position having a total dependency on the payables party to identify and communicate any discrepancies. MiddleLink CMTA Direct provides the details for all discrepancies (under billed or not billed at all) on T+2 allowing for both parties to resolve their differences prior to the invoice creation process.

 

  •  Daily reconciliation process identifies billing discrepancies on T+2
  •  Alleged trade functionality provides insight for transactions that may have previously been omitted from invoices
  •  Through a single user interface communicate information on discrepancies, invoices and payments
  •  Track commissions receivables by Customer/ PB intra month
  •  Dynamic invoice reporting that includes aged, cumulative and individual monthly views
  •  Complete historical reporting on trade, billing and payments
  •  Ability to grant customers portal access for commission discrepancy and invoice details
  •  Reports can be exported to Excel for distribution.
  •  Alias capability for customer identification
  •  Option to integrate with internal systems to generate payment journals

 

For pricing or to schedule a demo, please contact us.

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