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Cogit Trade Fees for insurance companies

Cogit Trade Fees allows insurance companies to calculate retrocessions owed by fund management companies or distribution platforms.

Thanks to the integration of orders and the automatic calculation of positions, the package can calculate the management fees and outstanding retrocessions using the parametered distribution convention.

It is therefore possible to produce accounting, provisions and even simulations for the conventions for a given period.

The background processes (integration, position calculation, provisions, invoices, etc...) allow the user to limit waiting time and therefore increase his productivity.

The generated calculation results propose a level of detail which is parametered, reporting adapted to the requirements and electronic document flows.

Cogit Trade Fees proposes also the breakdown of retrocessions after their calculation to allow their allocation to the different participants.