Commcise adds key personnel to US implementation and client management teams
Strategic hires support global business growth
New York, London, 16th April 2018. Commcise, the award-winning provider of integrated commission management, research evaluation and reporting solutions for investment managers, brokers and research providers, is delighted to announce that commission management and change management specialists John Kennedy and Jonathan Pearson have joined the growing team in North America.
John Kennedy, Senior Consultant, most recently at IHS Markit, has over 25 years commission management and client experience, with a proven track record in the design, delivery, and implementation of reporting and technology solutions for the brokerage and asset management community.
Jonathan Pearson has joined Commcise as Senior Consultant. Previously, Jonathan was a Senior Adviser to the UK Government, specializing in change management and corporate reform.
John and Jonathan have joined an expanding group of industry and process experts at Commcise, at a time when the industry is looking to implement solutions enabling regulatory compliance and best practice adoption across Commission Sharing Agreement aggregation, Research Payment Account management, interaction management and broker evaluations.
Accelerated by the arrival in January, in the New York office, of Melissa Foti Umans as Director of Business Development, working alongside Director of North American Sales, Kyle Rogge, Commcise has secured significant US business for both its CommciseBUY and CommciseSELL solutions. John and Jonathan will support the on-boarding process, as well as client training and support.
John commented “I am very pleased to be joining Commcise at this exciting time in the company’s development. With clients from both the buy and sell-side adopting new regulatory compliance and transparency solutions, I am looking forward to using my industry experience to further enhance and support the team’s delivery capabilities”
James Griffiths, Global Head of Implementation at Commcise said We are delighted to welcome John and Jonathan to the team. As we grow our business and technology, we are hiring the right people to plan and deliver on-target implementations. Our team combines top-tier consulting experience, technical expertise and deep domain knowledge; key features for firms who have chosen Commcise as a strategic partner for their business transformation.” He added, “We are seeing increasing demands for transparency and the need for the industry to migrate to new operating models in response. The strength of our team is in helping our clients to adopt market-leading practices.”
Jonathan added, “I am excited to be joining a company that is renowned for its great client relationships and its ability to respond quickly to evolving client needs.” He continued “I’m pleased to be part of a team that is consistently delivering integrated end-to-end solutions and helping buy and sell-side firms manage their businesses.”
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Commcise offers independent, fully-integrated commission management solutions to the buy-side, sell-side and research providers. CommciseBUY, our award-winning cloud-based commission management platform is designed from the ground up to meet the specific needs of investment managers. CommciseBUY is the market-leading software solution helping asset managers to evidence end-to-end compliance with the latest MiFID II regulatory requirements. CommciseBUY provides automated trade reconciliation, algorithmic rules engine, invoice management, research evaluation / broker vote, consumption tracking (including an automated research valuation engine), commission budgeting, research accounting and reporting in a single fully-audited solution.
Built on the same technology stack as our award-winning buy-side platform, CommciseSELL is a cloud-based commission management platform for the sell-side. CommciseSELL allows executing brokers to transparently manage research commissions on behalf of their buy-side customers in a regulatory compliant manner. Whilst fully supporting the management of CSAs, Commcise additionally supports management of research payment accounts (RPAs) funded by transactions, by the accounting model. By providing a fully-audited and controlled platform that includes our industry-leading algorithmic rules engine, invoice management, research accounting and reporting in addition to white-labelled portal, Commcise SELL can allow brokers, research providers, custodians, fund accountants or any RPA administrator to manage commissions in any level of granularity and as demanded by their customers.
Commcise was founded by buy-side industry professionals, with founding members including the partners of a leading Investment Technology consulting firm who have in-depth experience of implementing complex global technology solutions for asset management firms. With several hundred buy-side and sell-side clients globally, Commcise’s clients include some of the largest institutional asset managers, hedge funds and brokers in the world.
For further information on Commcise, please go to www.commcise.com or follow us on twitter at @commcise