ReconMaster
ReconMaster helps you to automate the daily balancing process. It helps enable the comparison and reconciliation of all types of data, including cash positions, securities positions, names, addresses and more. It features user-definition for everything from tables analysis to the generation of reports and reconcilement. ReconMaster also uses passwords and functional groups to secure data. Furthermore, data can be uploaded from multiple sources, helping to enhance functionality.
Features
- Offers three levels of service to suit user preferences
- Matches items one-to-one, one-to-many, and many-to-one
- Sets the rules for matching and clearing items based on operational needs
- Identifies, tracks and clears exceptions
- Uploads data from any flat file
Benefits
- Automates the matching/comparison process
- Reduces the number of true exceptions
- Reconciles today’s exceptions to prior outstanding exceptions
- Tracks automatically both cleared and outstanding exceptions
- Reduces the time and resources needed to reconcile daily activities