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AutoRek Addresses Monthly Client Money and Asset Return

AutoRek has launched a major campaign to aid medium and large size firms who from June 2011, will be required to report monthly Client Money and Asset Return (CMAR).

 

 

 

The new CMAR introduces onerous reporting requirements for Client Money and Assets. Clearly this requires significant investment of time (and possibly resources) to attain the requisite standard ahead of the live date. For many companies, this will be almost impossible without some degree of process re-engineering and investment in technology.

 

AutoRek is a long established reconciliation engine with a significant track record in client money compliance. With its sophisticated matching and reporting, it is seen as a leading solution to aid compliance with CMAR. Our rapid (low-cost) deployment methodology can get clients to a compliant position faster than many would think possible and with clear credentials and experience with a huge degree of confidence.


icon-aboutautorekAutoRek® is a product of API Software Ltd and was born in 1994 in the days of mass privatisation and de-mutualisation. By working closely with a number of stockbrokers involved in these massive share sales, we discovered that existing manual reconciliation systems simply couldn’t cope with the volumes, short timescales and accuracy demands placed upon them. Find out more about AutoRek.

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