Bonaire Software Solutions, the financial technology firm, has announced that has won a contract to supply its REVPORT platform to PineBridge Investments, the New York-headquartered firm.

PineBridge chose Bonaire’s REVPORT for its ability to automate fee billing and business intelligence, Bonaire said in a statement. The deal is a coup for Bonaire as PineBridge is a large frim with $86.6 billion of client money, as at end-June this year.

REVPORT is a revenue and expense management platform that performs fee billing calculations and aids in revenue management, commissions, accounts receivable, revenue sharing and forecasting. Clients include investment managers, mutual funds, wealth managers, banks/trusts and capital markets firms.

As an example of a white paper on industry issues, click here to view an example of Bonaire’s research. In June, research from Bonaire found that more than eight out of ten asset managers, mutual funds and capital market firms cite increasing efficiency and accuracy as their main objective.