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Private previewMiFID II Costs & Charges Disclosure
Pre-trade and ex-post costs and charges documents generated against your firm's framework. Every line evidenced.
The problem
The cost of running this workflow by hand
What the manual workflow costs in time and risk, and why adding people doesn't solve it.
MiFID II requires both pre-trade and annual ex-post disclosure of all costs and charges associated with an investment recommendation. The numbers come from the advice platform, the underlying funds, and the firm's own fee schedule — each in a different format.
Paraplanners stitch the numbers together in spreadsheets, format the result into the firm's template, and then have to repeat the exercise annually for every client. Mistakes are commercially sensitive and regulatorily expensive.
Most firms either accept the cost as fixed paraplanning overhead, or limit how often they can generate fresh disclosures — both of which weaken transparency to the client.
How it works
Synthex runs every stage, from intake to approval
Each stage handed off automatically. Approval gates only where human judgement matters.
- 01
Pull the cost components
Platform charges, fund OCFs and transaction costs, adviser charges, and any other ongoing or one-off fees pulled from the relevant sources for the recommendation in question.
- 02
Apply the firm's methodology
Aggregation, weighting, and illustration methodology applied per the firm's house policy. Pre-trade and ex-post variants generated from the same data layer.
- 03
Generate the disclosure
A complete MiFID II-compliant document covering one-off costs, ongoing costs, transaction costs, incidental costs, and the cumulative effect on returns. Personalised illustration included.
- 04
Evidence every line
Every number traces to its source: the platform schedule, the fund factsheet, the firm's fee table. Compliance review becomes verification, not recalculation.
- 05
Route, sign, and retain
Pre-trade disclosure routes to the client ahead of recommendation; ex-post disclosure issues annually. Both signed and retained as part of the audit trail.
Results
Measurable business outcomes
The process before and after Synthex, side by side.
Paraplanner time per disclosure
With Synthex
Before
1–2 hours
Drag to compare
Annual ex-post coverage
With Synthex
Before
Subset of book
Drag to compare
Source evidence per number
With Synthex
Before
Spreadsheet history
Drag to compare
Re-running on assumption change
With Synthex
Before
Repeat the workflow
Drag to compare
Paraplanner time per disclosure
1–2 hours
Under 15 minutes to review
Annual ex-post coverage
Subset of book
Every client, every year
Source evidence per number
Spreadsheet history
Linked to platform, fund, and firm fee schedule
Re-running on assumption change
Repeat the workflow
Rerun against the data layer
FAQ
Common questions
The questions buyers ask before they book a demo.
Does Synthex produce MiFID II costs and charges disclosures?
Yes, where the required data and calculation logic are available. Synthex can generate MiFID II costs and charges disclosures using your firm's templates and methodology, with source evidence and reviewer approval built into the process.
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