AutoRek News Roundup November

Understanding the Challenges of the Reconciliation Process

AutoRek’s Business Analyst, Mihir Joglekar featured in the Winter Issue of Financial IT, where he talked about understanding the challenges of the reconciliation process. In this feature story, Mihir delves into the key topics below:

  • Fundamentals of Reconciliation
  • Types of Reconciliation and Associated Issues
  • Challenges of Manual Reconciliation
  • Advantages of using Technology to Reconcile

You can read the full article on pages 38 & 39 here.


AutoRek forges US partnership with iSoftware4Banks

AutoRek and iSoftware4Banks recently joined forces to meet common goals of improved automation and delivering ROI in the financial services space.

“The partnership stemmed from the unprecedented events of 2020. The historically office-based financial services industry has moved from the environment it has always known, to company-wide working from home within a matter of days. This resulted in various operational issues surfacing across banks, credit unions, investment managers and insurance firms, thereby requiring IT infrastructure, systems and outsourced services to be reviewed globally to future proof robust operational resilience strategies to ensure uninterrupted service.”

You can read the full press release on Finextra here.  


Scottish Fintech Firm Appoints New Chief Financial Officer

AutoRek are delighted to welcome Kenny Bain on board as the CFO. Kenny joins the company's senior management team and will play a key role in the scaling of its operations.

“Prior to this, Bain held a variety of senior roles during his 14-year tenure at Graham Technology - including chief financial officer, chief operating officer and EMEA managing director - as the business expanded across the US, Europe and Asia and was subsequently acquired by KANA Software and ultimately Verint.”

You can read the full press release on Business Insider here.

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