Custody Expense Management

Data Capture

• Review, analyse and capture
  • Rate agreements
  • Custodian/Agent Invoice files (Excel & PDF)
  • Firms internal files

Data Enrichment

• Capture information from other data sources
• Missing static data
• Categorisation of fees

Fee Calculation

• Rate repository
• Calculate fees and accruals
• Fees calculated down to the appropriate level
  • Transaction level for fees based on individual transactions
  • Aggregated volumes for other fee types

Reconciliation

• Validate and reconcile broker invoice fees and data
  • Client defined tolerance / rules
  • Top down and bottom up checks
• Detailed exception analysis
• Review and approval workflow

Reporting and Allocations

• Expense allocation across
  • Cost centres
  • Legal entity
  • Expense type
• Flexible allocation methods
  • Formulaic distribution
• Review and approval workflow
• Detailed and accurate costs
• Powerful sub-ledger