Allianz Global Investors
Automated Multi-Country Platform for Fee Reconciliation
Industry: Finance & Tax
Allianz Global Investors (AGI) is a globally active asset manager with a presence in more than 25 countries.
To increase efficiency and reduce operational risk, AGI launched a project to standardize and automate fee reconciliation processes across Europe. The objective was to implement a centralized system for recurring trailer fee settlements—designed to unify diverse local models into one harmonized, scalable solution.
Status quo
Prior to the project, AGI’s European offices used different systems for trailer fee settlement.
This fragmentation led to inefficiencies, lack of transparency, and inconsistent processes. Manual interventions were frequent and error-prone, while maintaining various tools increased costs. A single, compliant and flexible platform was needed to unify fee reconciliation across countries.
The challenge
The new system had to support local differences in contracts, tax structures, payment logic, and partner agreements while delivering a unified process framework.
It needed to automate manual workflows, enable centralized control, and meet audit requirements. Scalability and flexibility were crucial to handle growth, regulatory updates, and cross-country consistency—all while ensuring transparent, rules-based settlement logic.
The solution
With CONVOTIS Fee Management, a centralized and scalable platform was introduced to automate and harmonize fee processing across multiple countries.
It harmonizes trailer fee logic across nine European markets while allowing location-specific rules. calculo automates reconciliation and settlement workflows, supports audit-ready documentation, and integrates with finance, reporting, and partner systems. The system was successfully deployed with cross-country collaboration and support from CONVOTIS.
The result
The unified solution streamlines recurring trailer fee processing in nine countries.
Local models are consolidated into a central rules engine, reducing manual efforts and ensuring consistent accuracy. Error rates and risks have dropped, while efficiency and audit readiness increased. AGI now benefits from transparent, scalable reconciliation processes with centralized control and localized flexibility across its European footprint.
Technical
Highlights
Even complex projects can be summarised in clear technical terms. Key figures and distinctive features provide insight into the concrete implementation – measurable, tangible, and transparent.
- CONVOTIS Fee Management for multi-country fee processing
- Automated workflows and reconciliation logic
- Integrated reporting and compliance controls
- Centralized data validation and settlement export
- Scalable setup for future geographic expansion
Implementing CONVOTIS Fee Management was a key step forward. Expertise and collaboration with CONVOTIS were essential for success. By harmonizing and automating our fee processes across Europe, we significantly improved operational efficiency.
Guido Bachmann, Head of Revenue Team Europe I Allianz Global Investors
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