TSI
- Company typePrivate
- Founded2000
- HeadquartersEast Brunswick, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
TSI firmographics
Firmographics- Name
- TSI
- Legal name
- TSI, Inc.
- Website
- https://totsys.com
- Company type
- Private
- Founded year
- 2000
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
TSI industry classification
Industry- Product category
- Commission Management Software
- NAICS
- Securities and Commodity Contracts Intermediation and Brokerage (5231)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Independent Broker-Dealer / Registered Representative Networks (FSAEACAG)
Keywords
Where TSI is headquartered
LocationHeadquarters
- HQ city
- East Brunswick
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
TSI business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- CAS Software Licenses: CAS Commission Allocation System available as client/server software for larger installations, or ASP-hosted version for smaller operations. Multiple deployment models: outsourced ASP-hosted, leased internally, lease-to-own, or full system purchase with custom enhancements.
- Firmview Portal Access: Firmview online multi-broker platform for investment managers. Money manager logins are free for managers to review and approve invoices. Revenue comes from broker/dealer subscriptions.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | ASP/Outsourced Hosting |
| Subscription | Monthly | Internal Lease |
| Hybrid | Multi-year contract | Lease to Own |
| One time/ perpetual license | Multi-year contract | Full Purchase |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
TSI product offering
Product offeringCore offering
TSI provides commission management software for institutional broker/dealers and investment managers. Its flagship product CAS (Commission Allocation System) processes trades, calculates commissions, manages credit, integrates with accounts payable, and generates statements for soft dollar, commission recapture, directed brokerage, and commission sharing programs. The companion Firmview portal serves as a secure online multi-broker interface where investment managers review and approve invoices, view balances, manage CCA payment instructions, and access trade details across multiple broker relationships.
Product overview
TSI offers a unified platform for commission management consisting of two integrated products: CAS (Commission Allocation System) and Firmview. CAS is the core backend commission management software that handles trade processing, commission calculations, credit tracking, and accounts payable integration for broker/dealers. Firmview is the client-facing web portal that provides investment managers with secure access to review and approve invoices, view balances, manage payment instructions, and access trade details across multiple broker relationships. The two products work together as a complete end-to-end solution for soft dollar, commission recapture, directed brokerage, and commission sharing programs.
Differentiator
Problem solved
Functional benefit
Products and services
- CAS (Commission Allocation System) Modular client/server commission management software for institutional broker/dealers handling trade processing, commission calculations, trade credit computation, accounts payable integration, client balance accounting, payment/vendor solutions, and statement generation. Available as locally installed client/server software or ASP-hosted online version with full multi-currency support and automated trading system integration.
- Firmview Secure online multi-broker portal for investment managers to review and approve 28(e) invoices, create CSA/CCA payment instructions, review balances at each broker, view/download trade details, and access current and archived statements. Provides a single login to manage relationships with multiple broker/dealers and interfaces with broker CAS systems via a secure proprietary data interchange specification.
Quantifiable outcome
- CAS deployment can be customized and implemented in 4-6 weeks
- +3 more outcomes
Companies that use TSI
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
TSI technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature9 records
TSI partnerships and signals
Strategic signalScale indicators6 records
Recent moves3 records
Expansion highlights4 records
TSI competitors and assessment
Company assessmentOthers
- IPC Systems: IPC Systems provides financial communications infrastructure and trading turret/connectivity solutions for broker-dealers. As an ecosystem participant serving TSI's customer base, IPC is adjacent rather than directly competitive to TSI's commission management products.
- S&P Global Market Intelligence: S&P Global Market Intelligence provides financial data and analytics, including commission benchmarking and trade cost analytics. It does not directly compete with TSI's commission management software but addresses adjacent buy-side and sell-side workflows.
Broad incumbents
- State Street (Charles River Development): State Street's Charles River Development provides comprehensive order management and portfolio management with embedded commission management modules — a broader suite competing against TSI's specialized commission allocation focus.
- ION Group (Fidessa): ION acquired Fidessa and provides trading and connectivity platforms with commission management capabilities for broker-dealers. As a broad incumbent, ION competes with TSI's specialized commission focus via its trading platform portfolio.
- Bloomberg L.P. Bloomberg's AIM (Asset & Investment Manager) and EMSX include commission tracking and allocation workflows for buy-side and sell-side desks. While primarily a data and analytics platform, its workflow tools overlap with TSI's Firmview functionality.
- FIS (Fidelity National Information Services): FIS (including legacy SunGard) provides end-to-end financial technology solutions including brokerage platforms with commission processing capabilities. As a broad incumbent, FIS competes with TSI in commission processing infrastructure for broker-dealers.
Emerging players
- TraditionDATA: TraditionDATA provides commission benchmarking and analytics data for institutional brokers and asset managers. While not a direct commission management platform, it serves adjacent buy-side and sell-side decision-making and intersects with TSI's customer base.
Direct peers
- SS&C Eze Software: SS&C's Eze platform provides order and execution management systems for buy-side and sell-side firms, with commission tracking and allocation modules that overlap directly with TSI's CAS Commission Allocation System.
- FlexTrade Systems: FlexTrade offers multi-asset execution management systems with integrated commission tracking. Its broker-neutral execution platform competes directly with TSI's CAS in serving institutional broker-dealers and asset managers.
- Broadridge Financial Solutions: Broadridge provides post-trade processing and proxy services to broker-dealers, including commission management and recapture solutions. It competes directly with TSI's CAS in the institutional brokerage commission management niche.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
TSI compliance and trust
Trust signalCompliance1 record
TSI financial estimates
Financial estimateRevenue estimate
Valuation estimate
TSI leadership team
Management profileNumber of profiles
Profiles2 records
TSI funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TSI M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TSI
What does TSI do?
TSI provides commission management software for institutional broker/dealers and investment managers. Its flagship product CAS (Commission Allocation System) processes trades, calculates commissions, manages credit, integrates with accounts payable, and generates statements for soft dollar, commission recapture, directed brokerage, and commission sharing programs. The companion Firmview portal serves as a secure online multi-broker interface where investment managers review and approve invoices, view balances, manage CCA payment instructions, and access trade details across multiple broker relationships.
Is TSI a public or private company?
TSI is a private company. It is classified as family owned and is currently operating.
When was TSI founded?
TSI was founded in 2000. It employs 11 to 50 people.
Where is TSI based?
TSI is headquartered in East Brunswick, United States, in the North America region.
How does TSI make money?
Two revenue lines are on record. CAS Software Licenses are the primary driver. The others are firmview Portal Access.
Who are TSI's main competitors?
Others on record are IPC Systems and S&P Global Market Intelligence. Broad incumbents are State Street (Charles River Development), ION Group (Fidessa), Bloomberg L.P. and FIS (Fidelity National Information Services). TraditionDATA is listed as an emerging player. Direct peers are SS&C Eze Software, FlexTrade Systems and Broadridge Financial Solutions.
Does TSI have an API?
No public API is recorded for TSI.
What industry is TSI in?
TSI's product category is Commission Management Software. Its primary akta.pro industry code is FSAEACAG, Independent Broker-Dealer / Registered Representative Networks. Its NAICS code is 5231 and its SIC code is 6211.