Firm58, a financial management company, announced its appointment to manage the online billing function for the recently launched C2 Options Exchange (C2) of CBOE Holdings.
Chicago-based Firm58, a Software as a Service (SaaS) provider of middle- and back-office technology solutions, enables C2 and its market participants to access daily trade and billing details at any time via an online client portal, according to a release.
"Firm58's online billing function allows C2 to offer market participants easy access to their invoices and the ability to view and download trade data and associated fees using only a web browser, 24 hours a day," David Reynolds, Chief Accounting Officer of CBOE Holdings said.
"By providing a self-service billing portal, we continue our focus on customer service and transparency and we provide an all-electronic billing solution for our fully electronic exchange."
"Fundamental to the launch of an electronic exchange like C2 is the requirement to provide streamlined billing and deliver a superior online experience," said Sam Mele, Firm58's co-founder and managing director, Firm58. "Our involvement in the launch of C2 allows the exchange to deliver another highly practical level of customer service."