Clearing Firm Billing

Be a force in introducing broker-dealers’ growth.

Are you helping your introducing broker-dealers’ businesses grow – or are you just processing their business?  Today, introducing broker-dealers are looking for more from their clearing firms.  More service.  More support.  More innovation.  To remain competitive, clearing firms need to do more to distinguish themselves to their broker-dealer clients.  Clearing firms Count on Us^sm to build stronger and more productive relationships with their introducing broker-dealers.

Xtiva provides the only end-to-end billing and performance measurement system that lets clearing firms deliver exceptional end-to-end service to introducing broker-dealers for net settlement to the firm and net payout to their producers.  Clearing firms with Xtiva can improve services for broker-dealers of any model: retail employee, retail independent, insurance-affiliated, bank-affiliated and institutional brokerage.  From better management of settlement information (positions, balances, transactions, bookkeeping fees, adjustments etc.) to higher transparency through online reporting and statement delivery tools; from more seamless management of data file services to productivity tools that automate broker-dealer net payout – Xtiva helps clearing firms deliver on the big picture: more service, more support and more innovation.

Xtiva’s seamless integration between Billing Manager™ for clearing firms and Commission Manager™ for broker-dealers provides the highest levels of operational efficiency and service for clearing firms, broker-dealers and ultimately for the producers in the field.  Across the entire clearing and correspondent broker-dealer ecosystem, Xtiva delivers brand-differentiating commission software and financial performance measures that solidify productive business relationships.

Xtiva improves clearing firms’ relationships with their introducing broker-dealers AND improves their introducing broker-dealers’ relationships with their own producers in the field.  It’s a powerful win-win: achieving higher billing management efficiencies and service for clearing firms while giving clearing firms the ability to offer solutions to their introducing broker-dealers that achieve higher efficiencies and service in their own businesses.

• Overcome operational challenges and achieve ROI for the long-run
• Provide unique end-to-end services for introducing broker-dealers
• Grow without increasing operations, reclaim multiple FTE resources
• Boost the value of the clearing relationship to broker-dealers
• Attract customers with services that help their producers
• Improve reporting by correspondent, branch and rep
• Achieve smoother on-boarding for producer acquisitions
• Gain flexibility for industry changes
  
• Optimize charges, miscellaneous fees and adjustments
• Tailor billing schedules for each correspondent
• Automate balance, credit, debit, and other interest profit sharing
• Automate settlement processing and PDF statement distribution
• Give web-based daily reporting to introducing broker-dealers
• Private-label Xtiva’s web reporting to reinforce your brand