TRG Debuts Index Commission Management in FITS

The new module arose from a "groundswell" of demand from clients to manage their index costs alongside the costs of index data.

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The new module—which TRG rolled out to interested clients on January 2—includes new screens for FITS users to add details pertaining to licensing of indexes themselves, which fund managers use to create passively managed investable products. These details include information about the commission arrangement with each index provider used—which vary by index provider and by individual index, as well as by the amount of assets under management within a fund using that index—as well as regular fund

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