25 July 2016
Find out more

TCW Group selects Bonaire revenue and expense management tech

06 March 2014  |  1097 views  |  0 Source: Bonaire

Bonaire, a Broadridge Financial Solutions, Inc. (NYSE:BR) company and leading provider of software solutions for asset managers, mutual funds and capital markets firms, today announced that The TCW Group has selected its revenue and expense management solution to streamline and automate its institutional fee billing.

Bonaire's revenue management solution leads the industry in helping to reduce operational costs, improve cash flow and decrease billing cycles, as well as providing tailored fee calculations. It also helps to improve efficiency through the automation and replacement of manually intensive billing processes; centralizes fee-based revenue and accounting data within a single, robust repository; and addresses reporting requirements through automated tools, thus reducing cost and delivery time.

"We were looking for a solution that would centralize and fully integrate all of our systems under a single platform and could scale as we continue to grow our business," said Jim Krause, Senior Vice President/Controller at The TCW Group. "Bonaire's platform offers a powerful solution that simplifies our revenue management and fee billing processes."

"Our proven platform helps clients drive efficiencies and lower their operating costs, while helping to meet today's increasing regulatory requirements," said Christopher John, President, Bonaire. "TCW is a leader in the industry and we welcome them to our client base and look forward to supporting their future success."

Bonaire offers broad, enterprise grade solutions for its clients that focus on the processes around revenue and expense management. Capabilities include, but are not limited to; fee billing calculations, accounts receivable and collections solutions, and business intelligence reporting. Bonaire offers its customers three distribution models: In-house installation, SaaS and Business Process Outsourcing. 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related company information

Broadridge Financial Solutions

Related blogs

Create a blog about this story (membership required)
Visit VocaLink.comFind out moreVisit capgemini.com

Who is commenting?

A Finextra member Finextra Member Commented on: UK startups get Brexit...
A Finextra member Finextra Member Commented on: Apps crush internet fo...

Top topics

Most viewed Most shared
MasterCard agrees £700m VocaLink acquisitionMasterCard agrees £700m VocaLink acqu...
8954 views 14 comments | 32 tweets | 37 linkedin
satelliteContactless Bitcoin startup Plutus Tap &am...
8788 views comments | 9 tweets | 3 linkedin
hands typing furiouslyWhat Every FinTech CEO Should Know About R...
8554 views 0 | 15 tweets | 8 linkedin
hands typing furiouslyBanking on IoT: Security in the Internet o...
8425 views 3 | 20 tweets | 7 linkedin
Santander doubles down on fintech fundSantander doubles down on fintech fund
7834 views comments | 22 tweets | 28 linkedin

Featured job


Brussels (Belgium) or Paris (France)

Find your next job