Arcons Technology Rolls out Advisor Billing Solution

10 hours ago

1 min read

Arcons Technology, Inc. (2026, September 21). Arcons Technology deploys billPort™ to modernize revenue management for leading $150B+ wealth management institution. PR Newswire. https://www.prnewswire.com/news-releases/arcons-technology-deploys-billport-to-modernize-revenue-management-for-leading-150b-wealth-management-institution-302884100.html

Arcons Technology announced the deployment of billPort™, its client billing engine, at a national wealth management firm managing more than $150 billion in assets.
The platform went live in Q2 2026 and now automates billing cycles across the firm's enterprise following a recent merger.
The implementation provides centralized, rules-based billing infrastructure built for registered investment advisors and wealth enterprises managing complex fee schedules and multi-party account relationships.
Founder and CEO Hemant More stated that large wealth enterprises cannot afford operational friction or calculation discrepancies when managing tens of thousands of complex household accounts.
The solution replaces manual spreadsheets with automation, reducing quarterly invoice cycles from weeks to hours while maintaining regulatory compliance.
Capabilities include an automated calculation engine for complex fee structures, composite billing for multi-tier household arrangements, direct multi-custodian invoicing with pre-formatted fee-deduction files, and audit-grade compliance reporting with historical audit trails.
Founded in 1998, Arcons Technology provides billing, reporting, trading, and client portal software to investment advisory practices representing nearly $1 trillion in aggregate assets.