Commission Management Solutions

Clients have benefited from our CSA/CCA programs for over four decades.

Reducing Costs For Investment Managers And Plan Sponsors

CAPIS clients have benefited from our commission management programs for over four decades. We helped pioneer the space. In addition to providing institutional investors with transparent, unbundled trade execution and research services, CAPIS is the premier commission recapture provider for the plan sponsor community, helping funds reduce transaction costs, improve cash flow, and conserve assets.

Services For Investment Managers

CCA/CSA

CAPIS provides a variety of commission management solutions to meet the needs of our institutional clients, including client commission arrangements (CCAs), commission sharing arrangements (CSAs), and discount brokerage solutions. Designed to reduce transaction costs and help fund the research budget, our ultimate goal is to improve performance. There are many reasons to choose CAPIS for your commission management needs:

Independence

As an independent family-owned firm, we answer only to you. CAPIS does not engage in proprietary trading or own any stake in any execution venues, so you never have to worry about conflicts of interest.

Transparency

Given our clean business model and focus on compliance, CAPIS has always valued transparency and full disclosure. Our statements and reports were designed with that in mind. As a result, our clients know exactly how much they’re paying for the research and brokerage services they receive.

Convenience

Through Concourse, our web portal, clients can quickly access the information that’s most important to them. Monthly statements, trade blotters, budgets, invoice approvals, etc. are easily accessible online. In addition, our experienced team of client service professionals is always available for the personal touch our clients’ value.

Anonymity

CAPIS is an independent firm with a clean business model. Our clients take comfort in knowing our team of experienced “high-touch” traders have the tools and expertise to implement their investment decisions discreetly, without the risk of information leakage.

Experience

We have a 45-year history dedicated to serving institutional clients. Over that time, CAPIS has developed and improved a variety of value-added solutions. Most importantly, our global trading desk is staffed by a team of experienced professional. On average, our traders have 17 years of experience working with CAPIS. With no junior traders, our clients rest assured we can navigate volatile markets and represent their best interests with the most challenging orders.

Services For Plan Sponsors

Commission Recapture

Are you looking to lower your expenses, reduce commissions, and control transaction costs?

CAPIS is the leading provider of commission recapture services for the plan sponsor community. Designed to provide additional transparency, our comprehensive quarterly reports help fund boards monitor brokerage allocation and commission rate statistics while providing relevant statistical analysis of their funds and peer universe. The reports include a high-level transaction cost analysis (TCA) which enables management to identify trends and spot outliers without getting too granular. Most importantly, the CAPIS team plays an active role in the process, communicating with sub-advisors about participation to ensure the program is effective.

CAPIS offers flexible options to satisfy directed commission requests. With best execution as the top priority, clients can execute directly with our 24-hour global trading desk or through any of our global trading partners. Recapture requests can also be satisfied using global equity, fixed-income, and options trades.

Designed to fit your plan’s specific needs, CAPIS’ commission recapture program offers customized reports and analysis, online tools, and superior compliance and client support.

Comprehensive Reporting

Monitoring best execution is a primary responsibility for all fund sponsors. To help them fulfill their fiduciary obligations, CAPIS’  quarterly Ally Reports provide a comprehensive look at execution and brokerage allocation statistics, to help evaluate manager performance, participation, and overall commission costs. The Ally Reports provide unique insights into the allocation of fund assets.

24/6 Global Trading Desk

The CAPIS trading desk offers global equity, fixed income, derivative, and portfolio trading services.

  • 17 People
  • 24 years of average experience

What We Cover

Global Equity

We use the latest technology to execute our trades, while also offering the personal attention of a block trader. CAPIS’ 24-hour global trading desk delivers superior execution and exceptional trading coverage. And whether you use an electronic trading system or prefer to talk to a human trader, you’ll receive the same superior client service.

Fixed Income

A pioneer of agency trading in fixed-income instruments, CAPIS is one of the only brokers that continues to provide research credit on eligible fixed income trades.

Derivatives

Enhance your trading strategies using options and futures. Our derivatives trading desk can help you customize trading strategies to optimize your portfolio and reduce your risk exposure. Options are also eligible for research credit in our CCA/CSA program.

Portfolio Trading

Our portfolio trading desk can implement a coordinated strategy or trading algorithm specifically tailored to your needs. Not only do our traders utilize the most sophisticated trading technology, but they are also involved throughout the entire process to ensure a personalized level of service.

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