AutoRek's application of products within insurance depends on the gaps in any client's current systems landscape and control framework.
Agile to regulatory requirements and increased financial controls scrutiny, our suite of solutions work with your existing systems to automate and complete your firm’s control regime. AutoRek products deliver:
- Reconciliation – Performs any type of reconciliation automatically, and exception management for resolution of breaks and exceptions.
- Financial Close Management – Controls and records the ownership, reconciliation and substantiation, together with the sign off and attestation of accounts across the companies in your firm’s group.
- Client Money Compliance CASS 5 – working with your existing systems delivers CASS governance and oversight.
- Regulatory Reporting– Gathers all required data and produces internal and external reporting to ensure firms comply with regulatory reporting and governance requirements.
The functionality and capability of the AutoRek suite of products enables your firm to perfect financial and operational controls, and act as a point of differentiation which contributes to your organisation’s strategic objectives. From the London Market to leading health and life insurers, our suite of solutions has been implemented across the insurance industry on a variety of projects.