What We Do

We work with some of the biggest players in the asset management space to automate reconciliation processes, enhance financial data management and reduce regulatory reporting costs. Some of our tailored solutions in this space include:

• CASS 6 custody asset reconciliations
• CASS 7 client money reconciliations
• MiFID post-trade reporting
• Trade reconciliations
• CSDR
• Regulatory reporting

AutoRek is the go-to reconciliation platform for firms across the growing payments sector, including names like GoCardless and Worldpay. Our safeguarding solution is the first of its kind, helping UK payments firms to comply with new FCA guidelines. Some of our other payments solutions are:

• Scheme settlement reconciliations
• Wallet balances and transaction reconciliations
• B2B payments reconciliations
• Merchant and bank services reconciliations

Our solution is implemented in major banks, such as the Bank of England and Lloyds Banking Group, as well as challenger organisations and start-ups. We deliver timely, accurate and robust financial data controls for all firms across the banking sector. Our specialities in the banking industry include:

• Automated reconciliations
• ATM reconciliations
• Process optimisation and cost reduction
• Replacing legacy systems

We deliver automated solutions for firms across the insurance industry, including The Ardonagh Group and Beazley, to optimise reconciliation, financial control, and attestation processes. Our insurance deployments are designed to automate all types of reconciliations regardless of complexity. Some of our insurance solutions include:

• IFRS 17 cashflow matching
• Credit control
• Insurance broker accounting
• Cash posting and allocation
• General ledger and sub-ledger reconciliations