Apex for financial services
Fees you can trace from the transaction to the invoice.
Banks, insurers and wealth platforms bill for activity: transactions processed, accounts held, assets under administration. Every fee has to be explainable to the client and to an auditor. Apex meters the activity, applies the fee schedule and keeps the record that shows how each charge was calculated.
What applies
The functions financial services firms use.
Usage metering
Transactions, accounts and balances counted from your core systems, per client and product.
Usage-based billing
Tiered and volume fee schedules, minimums and committed amounts, rated per period.
Contract management
Each client's fee schedule held as a contract, with amendments dated and kept.
Revenue recognition
Schedules computed from your policy, with journals posted after your accountant signs off.
Audit trail
Every fee carries its working.
- Source
- The events or balances counted, with where they came from and when they arrived.
- Rule
- The fee schedule and contract version in force for that period.
- Calculation
- Tier, rate and minimum applied, shown as a reader would check it.
- Change
- Any re-rating, credit or manual adjustment, with who approved it and why.
Period close
From activity to approved invoice.
- 01
Meter
Activity aggregated per client from the systems that record it.
- 02
Review
Unusual volumes held before billing.
- 03
Rate
Fee schedules applied, minimums and commitments trued up.
- 04
Post
Invoices written to your ERP, with detail the client can reconcile.
Yours
Your fee schedules stay yours.
How you price each client relationship is a commercial judgment. Apex is set up to your schedules and keeps your data in your own environment, where models run on it without it reaching a frontier model provider.
Your schedules
Modeled as negotiated.
Your environment
Data and models inside it.
Your controls
Approvals and audit as your policy requires.
Agents propose, people approve
The agent drafts. A person decides.
An invoice review agent flags a client whose fees moved sharply from last period, with the events that explain it, before anything is sent.
Every agent stops at an approval gate until it has earned its way out of one. Nothing releases cash, commits spend or touches a customer without a person saying so.
Your dataModels that read your data run inside your environment, behind your firewall. No client data reaches a frontier lab.
Start here, keep the foundation
Start with one function. Add the rest without starting over.
For a financial services firm, metering and billing for one product line is a good first function. Clients, invoices and payments come into your Ferrata foundation from the ERP, so adding contracts or revenue schedules later uses the same records.
FAQ
Questions, answered plainly.
What does Apex bill for in financial services?
Activity-based fees: per transaction, per account, per seat or as a share of balances, with tiers, minimums and commitments as your fee schedules define.
Can every fee be audited?
Yes. Each charge records the events counted, the contract version and the calculation applied, and every change after that is logged with who approved it.
Where does client data go?
Into your own Ferrata tenant, one database per company. Models that work on it run inside your environment, and no client data reaches a frontier model provider.
Does Apex meet our regulatory requirements?
Apex gives you the records and approvals; whether they meet a particular regulation is for your compliance team to judge. Ferrata works with them on the controls during setup.
Can we keep fee calculations out of the model's hands?
They already are. Rating, billing and revenue schedules are deterministic jobs. Models only draft reviews and explanations, and those wait for a person.
How do clients see their fees?
On the invoice, with usage detail, and in a customer portal that verified contacts can open.
Related in Apex
- Usage meteringMeters that turn raw events and ERP records into billable quantities.View
- Usage-based billingBill what customers used, rated at the price they signed, posted to your ERP.View
- Contract managementSigned contracts turned into structured terms, phases and billing schedules.View
- Revenue recognitionRevenue schedules computed from your policy, journals posted to the ERP after review.View
- Customer portalInvoices, usage, credits and contracts for your customers, behind a verified link.View
From Ferrata Labs
- Ferrata in financial servicesBanking, insurance and wealth.
- The platformThe Brain: retrieval, models and audit inside your own environment.
- Human in the loopWhy every consequential action waits at an approval gate.
- Book a discovery callThirty minutes on one workflow, and an honest answer on where to start.
Start with Apex, or talk it through first.
Thirty minutes with Ferrata Labs on one workflow. You leave with a view of where Apex fits, and an honest answer if the sequencing is wrong and you should fix something else first.
Your pricing, approval and billing rules are your advantage, and they stay yours. Apex is configured to the way you sell and bill. You are not handing over a playbook or fitting into a template.