Electronic remuneration messaging service
Introduce efficiencies to your remuneration reconciliation and cash flow planning processes through receiving remuneration data direct to your back office system.
How does it work?
Electronic remuneration messaging put simply, is an electronic version of a paper remuneration statement. An encrypted remuneration message file is produced by us at the same frequency as your normal paper statements. Once notified when your electronic remuneration messaging statement is due you can collect your electronic report from a secure mailbox and import the data into your chosen Back Office System.
This automated service helps to accurately account for remuneration received (including renewal amounts), whilst reducing the resources spent on a task that can be laborious and time-consuming.
How to apply?
1. The appropriate individual (usually your remuneration or back office administrator) in your adviser firm or back office software supplier will need to complete the electronic remuneration messaging form.
2. Download the EDI Registration form.
3. Please email the completed form to: firstname.lastname@example.org.
New applications are normally processed within 5 working days. We will contact you with any additional requirements