On-the-fly MiFID II Ex-Ante
Costs & Charges Generation

MODELITY UNICOST ENABLES ON-DEMAND
EX-ANTE COSTS & CHARGES REPORTING

THE CHALLENGE

MiFID II requires disclosure of costs to the client, before making a decision, whether it is to buy a financial product or sign for a service (e.g. advisory service, account opening).

The disclosure should also illustrate the cumulative effect of costs on an investment.

Combining both, service and product related costs, poses a variety of challenges, such as:

Simulation of the various service related costs based on the client attributes and the transaction parameters

Availability and integrity of the product related costs

Different technologies used by the systems in the various channels

Contact Modelity to benefit from our award-winning technology and unrivalled expertise and service.

OUR SOLUTION

Data Collection – Retrieval of cost and related market data from a variety of sources

Instrument Coverage – Supporting any asset class, wrapper and instrument (e.g. funds, securities, structured products and derivatives)

Cost Simulation – model the product and service related costs and apply them on different scenarios

Report Generation –

On-the-fly Ex-Ante Costs & Charges report, reflecting the actual client and channel attributes as well as the transaction parameters

Multi-currency support for cross-territory

Multi-lingual and branded according to the institution’s design standards

OUR SOLUTION

Data Collection – Retrieval of cost and related market data from a variety of sources

Instrument Coverage – Supporting any asset class, wrapper and instrument (e.g. funds, securities, structured products and derivatives)

Cost Simulation – model the product and service related costs and apply them on different scenarios

Report Generation –

On-the-fly Ex-Ante Costs & Charges report, reflecting the actual client and channel attributes as well as the transaction parameters

Multi-currency support for cross-territory

Multi-lingual and branded according to the institution’s design standards

OUR SOLUTION

Data Collection – Retrieval of cost and related market data from a variety of sources

Instrument Coverage – Supporting any asset class, wrapper and instrument (e.g. funds, securities, structured products and derivatives)

Cost Simulation – model the product and service related costs and apply them on different scenarios

Report Generation –

On-the-fly Ex-Ante Costs & Charges report, reflecting the actual client and channel attributes as well as the transaction parameters

Multi-currency support for cross-territory

Multi-lingual and branded according to the institution’s design standards