Quartal Financial Solutions (QFS) is a FinTech company, which offers a leading financial technology product solution in the revenue and expense management space. Quartal’s products Quartal FEE MANAGER and Quartal COMMISSION, effectively support the entire commission and fee management lifecycle from calculations and payments to invoicing, controlling, allocations, modeling, forecasting and reporting on one single software platform. QFS has a global presence with more than 50 clients for its software spread across the globe in 15 different countries, covering the US, EMEA and APAC region whereas the headquarters are located in Switzerland.
QFS offers an innovative platform and solution that allows clients to control all sorts of fees & commissions on a central enterprise platform for wealth management, asset management, and securities servicing. This is based on a rich set of indispensable and powerful value-added features in the area of data management, contract management, workflow, accounts receivables management, cost & revenue allocations, simulations, forecasting, transfer pricing and reporting.
QFS offers a sophisticated and flexible user interface alongside ad-hoc reporting and MIS capabilities by means of dashboards and KPI control based on latest reporting technologies along with an adjustable, componentized offering with high flexibility for adjustments to meet client’s individual needs for both, small and large sized businesses. As a part of this QFS provides global implementation capabilities based on a strong implementation team consisting of industry and product experts, as well as local implementation partners for key markets.
CEO of the Quartal Financial Solutions
Thierry Zuppinger is the CEO of Quartal Financial Solutions. He is actively working with their clients to help drive Quartal’s Technology Roadmap. Within 5 years, QFS will become the world’s recognized name in the global market and mindshare leader with respect to help clients implement software solutions that support competitive and innovative pricing strategies, billing, and efficient fee, revenue and commission management processes in the financial services industry. Following the paradigm of STP-enabling solutions that promote exception-based, touchless processing.
“We offer wide industry coverage across the asset management, wealth management, and security services market segments where we provide standardized, best-practice solutions for various functional domains and business cases,” asserts Thierry.
QFS offers a comprehensive array of value-added services around revenue and expense management, including advanced business analytics, oversight models, contract management, utility-based operational models, BPO and managed services, native cloud deployment and service-on-demand concepts. Following the geographical expansion of its physical presence into Asia Pacific and North America (these areas are though already being served by Quartal), QFS will consolidate its global position through a focus on aggressive sales/marketing, partnerships, and acquisitions.
Solutions that Sets Quartal apart from the rest in the Race
Financial Expertise: QFS’s strength lies in their diversity & multicultural team of business consultants and engineers who solve complex challenges in the revenue and expense management domain and therefore build excellent client relations, resulting in consistently high client retention rates.
Single Platform: A single, standard software solution that enables clients to calculate, invoice, pay, allocate, model, simulate and control all kinds of fees and commissions on a central enterprise platform.
Value-added Functionalities: QFS offers a powerful set of value-added functionalities in the areas of data management, contract management, workflow, accounts receivable management, cost & revenue allocations, simulations, forecasting, transfer pricing and reporting.
Flexible Reporting: Sophisticated, flexible user interface and ad-hoc reporting. BI capabilities through dashboards and KPI controls based on leading technology.
Regulatory Compliance: QFS enable compliance with current regulations and provide a platform for future regulation compliance in relevant markets.
Modular Offering: Customizable, the modular offering provides flexibility to meet evolving client requirements.
Global Implementation: Global implementation capability based on a strong team of industry and product experts as well as local implementation partners for key markets.
Revenue and Expense Management Solutions
QFS offers a comprehensive array of value-added services around revenue and expense management, including advanced business analytics, oversight models, contract management, utility-based operational models, BPO and managed services, native cloud deployment and service-on-demand concepts.
QFS offers a powerful revenue and expense management platform that is offered as a SaaS/Cloud solution across the globe, allowing clients to better leverage revenue and expense information across their enterprise, including integrations with their general ledger, MIS and reporting systems.
Team QFS knows that commission and fee management are constantly affected by increasingly complex regulations. Therefore, compliance with current and future regulations in relevant market environments (MiFID II, tax rules, compliance requirements, etc.) is one of their most important product roadmap drivers.
In early 2017 Quartal launched a separate subsidiary as an innovation lab to bring Distributed Ledger Technology/Blockchain to the world of fees and commissions so as to be able to start offering a revenue and expense management utility service as of late 2018.
Source :- The 10 Best Fintech Companies To Watch 2017