Solutions

Commission Tracking and Broker Vote


A system for capturing broker events, trades and commissions for providing decision makers a more sophisticated and automated tool for storing, tracking and reporting on this data. Compiling data and generating periodic commission reporting and broker assessment is no longer a time-consuming effort, and trend analysis across multiple periods can now be easily accomplished. A centralized assessments of each brokers relationships, in turn facilitates discussions with brokers to provide areas of improvement and also to drive business to those that have ranked exceptionally high.

MIK Differentiator

MIK’s Broker and Commission tool helps you achieve a new way to use your data to look at your world from different vantage points, across brokers, regions, exchanges, asset types, time etc. With MIK, you have the ability to control and drill into your commission and broker data at different levels and time periods.

The Commission Tracking and Broker Vote provide the following benefits:

  • Centralized broker and commission data capture and reporting system - time series data and audit trail (Commission and Voting History)
  • Workflow management for online voting and automated event integration with MS Outlook
  • Improves tracking, analysis and reporting on soft dollar commissions and provides the capability to exclude soft payments from the commission totals for those brokers handling the commission sharing
  • Reporting and charting for commission trends over time, including rate-per-share analysis, total commission dollar trends by broker, broker’s share of firms commissions paid, etc.
  • Commission allocation management and alerts
  • Ranking and rating ability on user defined objective and subjective criteria (Multiple Methodologies)