You are here: Home / Company / About Meritsoft is… An intelligent automated platform for BCE, fees, tax, regulatory and claims solutions – Achieve operational efficiency – Control costs. – Increase regulatory focus. – Maintain liquidity. – Comply with the Capital Requirements Directive. These challenges are made all the more difficult given the fact that in the current climate, priority for IT expenditure has been given over to the control and regulatory space, with little left over for improving operational efficiency. Yet there is a way for capital markets houses to get access to vital funds they need to meet these challenges. Most importantly, these funds are actually available to capital markets houses… right now. However until now, many capital markets houses have been unaware of this, as these funds are tied up in payables and receivables. Meritsoft was formed in 2000 to provide capital markets houses with the case management solutions they need for administering receivable and payables, specifically in the areas of claims, tax and brokerage. With Meritsoft’s FINBOS platform, capital markets houses globally are reaping the benefits of having the ability to manage the regulatory capital cost associated with having a lot of money owed to them. In fact today, 5 out of the top 7 investment houses use Meritsoft’s future focused solutions. Find out what to expect from Meritsoft’s FINBOS platform Read the Meritsoft story Having witnessed first hand: The limitations of the processes set up for payables and receivables management. The fact that credit control was considered to be a non-core, time consuming and manual process. Meritsoft Founding Partners Kerril and Paul Burke decided to take action. Prior to founding Meritsoft, Kerril had over 20 years’ experience in investment banking and fund management across Audit, Controls, Finance and Operations groups. As a qualified Chartered Accountant/ CPA working through an Operations lense, Kerril could see the many benefits of automation. Kerril knows that payables and receivables is real money. It sits on every bank’s balance sheet. It is money owed to the bank. Furthermore the longer debt is aged, the more difficult it is to collect, the more exposure and capital charges that will apply and the more likely it is to be written off and lost. Kerril also knows that with the right procedures/software in place to manage payables and receivables, capital markets houses can. Mitigate the risk of late and even non-payment. Free up cash flow. Reduce administrative costs associated with manual processing. Have the information they need for compliance and audit trails. Reduce the risk of human error. Reduce human costs. Meritsoft’s success has attracted the attention of investors. As a result it now has the investment it needs to accelerate its growth plans and to cement its position as the market leading provider of capital markets payables and receivables back office software. As a further signal of its commitment to thought leadership in the area of payables and receivables, in May 2016 Merit Software unveiled its new identity incorporating a new company name, logo and website. Indeed Merit Software has transformed into Meritsoft. Its team continue to dedicate themselves to their cause of delivering fully automated straight through processing solutions for the case management, workflow, regulatory compliance, payment and settlement of claims, tax and brokerage cashflows. Follow Meritsoft’s continued progress Join the list of capital markets experts who benefit from Meritsoft knowledge and advice as soon as it’s published Follow us on Linkedin Meritsoft Company Visit the Meritsoft Linkedin Company page to learn about forthcoming updates Learn how operations benefit from FINBOS The award winning platform from Meritsoft Contact Meritsoft or visit our Case Studies More from Meritsoft Contact Meritsoft to find out about software solutions for CSDR, MiFID II, 305c, FTT, 871m and more Terms & Conditions Privacy Notice Disclaimer Copyright Awards 2014 & 2015 Entrepreneur of the Year Products FINBOS Platform 871m Tax Manager MiFID II / Research Claim Manager 305c Tax Manager Financial Transaction Tax Manager Company About Case Studies Contact Address Dublin (Head Office) Eagle House, 16 Wentworth, Eblana Villas, Dublin, D02 HV08, Ireland Tel: +353 (1) 676 6311 Address London 4th Floor, Block A, 6/7 St Cross Street, London, EC1N 8UB, United Kingdom Tel: +44 (203) 865 4641 New York 55 Hudson Yards, 26th Floor, New York, NY 10001, United States Tel: +1 (914) 306 3572 © Copyright Meritsoft 2020, Terms & Conditions