Commissions and fees provide an essential source of income for banks. As a result, the majority of banks have individual, complex and sophisticated commission and fee revenue models. Avaloq provides the highly flexible Fee Engine to address those needs.
This course enables participants to cover all business requirements in the area of commissions and fees. Through representative examples every participant learns the different parameterisation possibilities. Hands-on exercises allow every course participant to gain skills in setting up and customizing the Fee Engine and in solving issues in daily commission and fee operations.
This course has been developed in collaboration with www.aleana.ch
Upon successful completion of this course every participant will:
Overview Fee Engine concepts and topics
Set up and customise fees and commissions (including deferred costs)
Set up and customise the Fee Engine
Navigate through the components of common Fee Engine applications
Master advanced Fee Engine parameterisation task
Parameterisation specialists and key business users in the area of cost and fees.
Before participating in this course, prior attendance of the course “Fundamentals of Avaloq Customisation (ACP)” is mandatory.
Additionally, participants should have a sound business know-how regarding commissions and fees.
Fees vs. Costs
Business Type XFERFEE
Basic Fee Concepts:
Pillar, Flat Datamart and Table Report
Task TASK_FEE and FEE Script Package
Fee Calculation Process
Maestro Card Fee Run
Custody Fee Run
Manual Fee Transfer
XFERFEE Book Kind and Advice Text
Tariffs and Conditions, Cost Rules
Accrued Fees (Deferred XFERFEE)
Splitting and Parallelisation
best Practices and Pitfalls
Parameterising the Cost Engine (CAD)
Avaloq Certified Specialist
This course is part of the specialisation in the area of competence