The SGN Network
The SGN Network for Securities connects institutional asset managers, hedge funds and broker-dealers to trading venues worldwide. The network supports multi-asset order routing in FIX and proprietary formats, trade execution, post-trade communication, analytics and reconciliation. SGN Securities also links to major third-party order-routing networks and delivers low-latency global market data.
Commission Management Services
FIS’ Commission Management Services (CMS) offers a range of customizable solutions that enable customers to better manage commission flows and consolidate payments for 28(e) eligible services with one broker while maintaining multiple trading relationships. The CMS platform provides full transparency into the commission management lifecycle, from credit accrual and trade reconciliation to vendor payment management and monthly reporting. Our knowledgeable CMS support team maintains relationships with over 150 research and brokerage vendors, making the transition to the CMS platform a painless process.