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Commcise launches new cloud-based platform


07 June 2019 London
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
Commcise has launched a new cloud-based platform, COMMCISECS, to support client strategy teams within the research provider community.

COMMCISECS allows research providers to review, price and publish research event interactions and analyse asset manager clients’ profitability using its pricing and costing engine.

The automated data checks and review workflow deliver consistent, reviewed and approved research interaction events that are then formatted and distributed automatically to the clients with the required frequency and granularity.

The contract management module allows sell-side firms to track and model complex fixed price relationships that contain consumption limits.

Budget and receipt management allows the capture of projected and actual revenues from each client.

The pricing and valuation engine enables modelling of theoretical and actual research service prices and costs for each client taking into consideration fixed price low-touch agreements and high-touch consumption based revenue.

Paul Charie, head of sales at Commcise, commented: “Drawing on specialised technology components, already used by asset managers and brokers, we are delivering proven rich functionality. Our team is very excited about working closely with our early adopters as we roll-out COMMCISECS with our global provider partners.”

Amrish Ganatra, CEO at Commcise, said: “Regulatory and client focus on research has driven significant changes in market practices in recent years and this shows no sign of letting up. With interaction data being the new currency by which research providers get paid, helping sell side firms to ensure this data is as clean as possible benefits both the buy side and sell side.”

He added: “Working with research providers over the last five years it became evident that technology services were needed to help these companies with their drive to increase the quality, cost-effectiveness and measurement of the services they offer to the buy-side.”
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