21 October 2016
Visit www.dh.com

TCW Group selects Bonaire revenue and expense management tech

06 March 2014  |  1147 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)
Find out moreFind out moreVisit dh.com

Top topics

Most viewed Most shared
The bank of the future will be invisible - KPMGThe bank of the future will be invisible -...
30769 views comments | 113 tweets | 210 linkedin
New EU rules could cost UK firms £122bn in cybersecurity fines - PCI SSCNew EU rules could cost UK firms £122...
10556 views comments | 31 tweets | 36 linkedin
Barclays and Citi test blockchain tech for equity swaps processingBarclays and Citi test blockchain tech for...
8234 views comments | 24 tweets | 16 linkedin
ING takes fintech startup route to UK relaunchING takes fintech startup route to UK rela...
6773 views comments | 29 tweets | 21 linkedin
Faster payments are taking overFaster payments are taking over
6506 views comments | 14 tweets | 15 linkedin

Featured job

Basic £100-120K plus significant MBO and quota Bon...
London based with substantial international travel

Find your next job