Case Study: Julius Baer Group achieves faster, more accurate commission processing and hundreds of thousands in savings with QCommission

Julius Baer Group - Customer Case Study

Julius Baer Group, a leading Swiss investment management firm with a global footprint, faced chronic problems at its New York office from highly complex, Excel-based commission calculations. Commissions had to be calculated monthly (with rates tied to Net Asset Value and investment age) but paid quarterly, and manual processes caused up to 45-day delays, frequent errors, and long dispute resolution—so Director Stanley O’Marra selected QCommission (implemented by CellarStone) to address the issue.

CellarStone implemented QCommission, converting and cleansing legacy data and automating the firm’s fee and commission rules so calculations that once took days now run in hours. QCommission now delivers timely, accurate statements, dramatically fewer sales-executive complaints, shortened calculation cycles and the company reports saving “hundreds of thousands of dollars” in commission payments.

Julius Baer Group

Stanley O'Marra

Director, Investment Analysis