Arcons’ billPort client billing & revenue sharing solution enhances Thoroughbred’s workflow
Arcons Technology announced that Thoroughbred Financial Services, headquartered in Brentwood, TN and managing over $2.7 Billion in assets, has adopted its billing platform ‘billPort’ for their revenue management.
Daniel Kelly, Thoroughbred’s Vice President of Operations said, “Our billing system was being decommissioned and we needed a replacement urgently. We desired a new billing system that would accommodate our very specific requirements. We were referred to Arcons and were promptly given their system’s demo, which looked promising.”
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Asked about the decision to sign up with billPort, Daniel stated, “Initially, we were skeptical whether billPort could handle all our needs, given that we had special rules to bill based on any subset of an account’s assets. Arcons’ willingness to show us a sample dataset with our use cases and to further make enhancements tailored to our needs won us over. billPort also features a module allowing us to flexibly specify rules for sharing revenues with advisors seamlessly, a need that was on our radar and we are glad that billPort provides it.”
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Thoroughbred Financial Services signed on with Arcons in Q4 of 2021 and is currently live with billPort.
“Our design of billPort allows us to make rapid enhancements to match our clients’ unique needs”, said Hemant More, CFA, Co-Founder of Arcons, “Over the past decade, billPort has become robust and can meet the needs of a wide variety of asset management firms. We stand ready to onboard other firms on our platform.
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