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Commcise opens office in New York

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Commcise, a provider of Integrated Commission Management Solutions for investment management firms, has opened a new office in New York and added two senior hires – Paul Charie, ex Fidessa, in London and Kyle Rogge, ex Alliance Bernstein, in the US.

Responding to the latest regulatory drivers, Commcise offers automated reconciliation, invoice management, broker voting, consumption tracking, commission management, commission budgeting and reporting, all in a single cloud-based solution.
 
The expansion will support more than 60 investment managers and broker firms that use Commcise as their global commission management and research evaluation (broker voting) platform.
 
Charie who joins as Global Head of Sales, says: “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. 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”.
 
Rogge, who will take up the role of Director of US Sales, says: “As the global market leader in commission management solutions, Commcise is poised to capitalise on tremendous opportunities here in the Americas. Being part of Commcise’s growth is an exciting opportunity to provide solutions tailored specifically to the investment management community.”
 
Amrish Ganatra, Managing Director and co-founder of Commcise, says: “Establishing a physical presence in the United States 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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