Case study

Transforming reconciliation processes for STANLIB, South Africa’s leading asset manager

STANLIB, a prominent asset management firm with over R600 billion under management, faced operational bottlenecks due to manual, Excel-based reconciliation processes. As transaction volumes surged, the risk of manual error grew, and the firm required a flexible solution to support its ambitious expansion. They needed a tool to automate repetitive data work and unify departments through a single, intuitive interface.

AutoRek implemented an automated client money solution that ingests data from diverse sources and performs comprehensive validation checks. This end-to-end automation allows the STANLIB team to focus on resolving discrepancies rather than manual data entry.

  • Scalability for Growth: The platform seamlessly handles rising transactional volumes to support ongoing company expansion.
  • Operational Efficiency: End-to-end automation has significantly increased productivity and reduced the risk of manual errors.
  • Enhanced Collaboration: In-built workflows connect finance and operations teams, making exception resolution simpler.
  • Self-Sufficiency: The intuitive user interface allows staff to manage reconciliations and surface key business insights independently.

 

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