New horizons for Commcise 28 January 2016New York Reporter: Stephanie Palmer
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Commcise, a solutions provider for investment managers, is expanding its business with a new office in New York and two new senior hires.
The company offers a commissions management platform for automated reconciliation, invoice management, broker voting, commission budgeting and reporting in a single cloud-based solution.
According to Commcise, the move represents a continuation of growth momentum for the company, and comes as a response to increased demand for efficiency and transparency around research payments, particularly in relation to new regulations.
Paul Charie joins the London team as global head of sales. He joins from Fidessa, where he was responsible for promoting buy-side solutions.
Charie said: “During my 25 years in this industry I have repeatedly seen the requirement for cost-effective, highly-functional and flexible systems that integrate with existing operational infrastructure.”
He added: “I am looking forward to working with the Commcise team to deliver our commission management products, deployed as cloud-based services, which tick all these boxes and address a key area of the latest regulatory concern”.
Kyle Rogge will take up the position of director of US sales, based in New York. Previously, he has held positions at Marcus & Millichap and Alliance Bernstein.
Rogge said: “Being part of Commcise’s growth is an exciting opportunity to provide solutions tailored specifically to the investment management community.”
Amrish Ganatra, co-founder and managing director of Commcise, said: “Establishing a physical presence in the US is an important part of our strategic plans for 2016. We are also delighted to be adding to our team globally with such talented professionals to support our growing client base.”
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