Reconciliation Platform
Key Benefits
1. Support different data sources and normalise custodian data
2. Automated process for a timely view of the financial operation
3. Support for compliance demands and best practice
4. Minimise financial risk
Overview
Reconciling custodian accounts is a complex but necessary process made difficult by the many complications between the various custodian banks and sub-custodians. The reconcilation system provides a complete end-to-end progression to make this a long term and beneficial business process to reduce operational risk and meet compliance demands.Purpose
With trade volume on the rise and the number of custodian entities increasing, reconciling this information becomes critical. Investment managers need a timely and relevant stance on the financial operations. Matching is the first step along with a robust and easy to manage exceptions workflow. Together these provide a singular position to handle discrepancies before they become larger problems while ensuring reporting accuracy.Email to find out how
richardkosmac@gmail.com.au
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