Boston Technologies has recently developed a new feature in the BT Back Office that allows brokers to add markups and view reports based on an individual agent basis. Empower your premier Forex sub-brokers and IBs with key tools to their success and gain greater transparency into their trading performance.
The Multiple Agents Feature allows brokers to customize multiple markups based on their brokerage’s hierarchy for each of their sub-brokers and IBs. Historical reports can now also separate individual agents’ financial information from the brokerage’s information, giving the broker a clear understanding of his actual net balance and equity, as well as detailed information about his sub-brokers and IBs.
When Broker "A" logs into the BT BackOffice,
he is able to view accounting data for his brokerage,
his sub-brokers, and his IBs.
Product Features include:
• Ability to view individual agent performance
• Customizable accounting reports
• Offer a custom-branded robust Back Office
• High level of security
• Customizable interface
Without this feature, a broker currently has to manually calculate the individual fees and accounting metrics for each of his sub-brokers, who in turn do their own manual calculations for their IBs. Any discrepancies or disagreements in the end numbers result in additional tedious calculations, negotiations, and more time spent. By automating this process, brokers, sub-brokers, and IBs can both quickly and easily perform all of the necessary calculations.
Sub-brokers and IBs can view their own individual accounting metrics by logging into their broker-branded customized back office. Information such as Balance, Equity, Realized PL, and Profit is available to sub-brokers and IBs, while the main brokerage’s financial data is kept secure and is available only to the broker.
Sub-brokers are able to view their own accounting
data as well as data from their IBs.
IBs are only able to view their own data.