AutoRek AI & Reconciliation Q&A | FTF News
For firms still relying on manual processes, now is the time to assess where automation is falling short, explore solutions with built-in AI roadmaps, and target high-impact use cases. As AI innovation accelerates, those who act now will be best positioned to scale, stay compliant, and unlock operational agility in the years ahead. In this…
From complexity to clarity: How enterprise reconciliation software streamlines financial operations
Posted: 23/01/2025 | Read time: 3 minutes For many financial teams, managing reconciliations can often feel like navigating a maze of disconnected tools and processes. With multiple teams relying on different tools to match transactions, resolve breaks, and generate reports, the process can become inefficient and error prone. This fragmentation also increases the organisation’s…
How automated reconciliation plays a pivotal role in your data governance and compliance
Posted: 25/10/2024 | Read time: 4 minutes Data errors aren’t just an inconvenience – they can be eye-wateringly costly. With regulations growing more complex and bringing increased scrutinisation, inaccurate data can expose firms to severe financial penalties, reputational damage, and in worst-case scenarios, even criminal charges. As businesses juggle growing data volumes and heightened…
Automating your operations? 3 key steps for success
Posted: 15/08/2024 | Read time: 3 minutes Back-office departments are often overlooked when it comes to investment. However, firms can make significant efficiency gains by adopting technology. Automating operational processes, for example, can revolutionise efficiencies, improve data control and consolidate data management. However, with any major change, planning is crucial for success. In this…
AutoRek Safeguarding Demo Video
Our safeguarding solution is designed to transform the way you manage safeguarding and compliance. Purpose-built for modern firms, our innovative system automates the segregation of funds and reports, ensuring you meet all regulatory requirements effortlessly. Key Benefits include: Our solution lowers the expenses associated with safeguarding compliance. Free up your team to focus on…
AutoRek 3 minute CASS demonstration
Designed by in-house regulatory experts, our CASS data governance platform is designed to eliminate the manual work required for compliance with the FCA’s CASS rules. Through automation, our CASS platform is designed to simplify your custody asset reconciliations and guarantee data integrity. AutoRek runs simultaneous reconciliations for multiple legal entities and business units to eliminate…
AutoRek 3 minute demonstration
AutoRek is the leading financial and operational reconciliation system. It uses intelligent automation to eliminate manual processes, perform intelligent matching and analyse breaks. Since 1994, we have combined cutting-edge technology, first-class implementation and subject matter expertise to automate the reconciliation process from end-to-end. View our three-minute demo video today to see why our software is…
Automated reconciliations software checklist: 7 must-have features
…interface across the entire process. It should not be presented as a series of bolted-together sub-packages. See AutoRek’s end-to-end solution in action – in 3 minutes. bg-white 5219 6750 3147…
Financial data management: The definitive guide for financial services
Data runs through all aspects of financial services organisations. Managing that data effectively is key to maximising its value and keeping operational costs low. As UK regulators’ approach becomes increasingly data-driven, effectively managing data is now vital to ensuring compliance. For example, the FCA now uses data to monitor firm failure risk and assess the…
The reconciliations handbook
Reconciliations are a fundamental control mechanism for finance and accounting. Despite this, many firms across the financial services sector continue to rely on Excel spreadsheets to carry out this crucial process. The reconciliation process used to be relatively simple to conduct. And using Excel, a legacy point solution, or an in-house reconciliation tool to perform…