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Adviser Registry & Remuneration (ARR)

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First release on 
1 Jun 2022
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Details
Adviser Registry & Remuneration solution by DB Results provides a targeted, quick to implement solution with low operating cost & more efficient operations. With an excellent view of licensee & adviser hierarchies, commission settlement processing, commission calculations & reporting on a single screen, ARR allows you to keep ahead of the competition.
Release notes ()
Key benefits
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- Speed to Market: faster delivery of new products & updates leveraging re-usable IP, assets and accelerators

- Modern Application on low-code platform providing low operating cost, more efficient operations

- Better Employee Experience from modern design

- The platform specifically addressees your business challenges & operating needs with low cost and implementation overheads

- Only pay for functions you need to operate your business.

Problems Addressed / Key Features
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- Settlements Processing

- Commissions Calculation Engine

- Registry Management

- Interface with Key Systems

- Transaction & Statistic Reporting

Technical details
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ARR is an adviser registry and remuneration platform, the core capabilities of this solution include:

  • Licensee and Adviser registry
    • Registry management
    • Adviser transfers
    • Registry data sync to external systems
  • Commissions Management
    • Commissions management functions
    • Commission calculation engine
    • Customisable Validation tailored to business rules
    • Clawback processing
    • Transaction Rejection and Bypass handling
  • Settlement processing
    • Settlement processing engine
    • Customisable settlement calendar
    • Managing account balances
    • Configurable GST rules and calculations
  • Interfaces
    • Statements Payload
    • Reconciliation report
    • GL Journal entries
    • Daily/settlement Data warehouse updates
    • Registry updates
    • Azure AD single sign on
    • Daily/Monthly Policy Administration System (PAS) data feeds
  • Operational reporting
    • Batch statistics
    • Exceptions reports
    • Rejection Bypass reports
  • Batch management
Tags
Insurance
Customer Apps
Resources
ARR Brochure.pdf