Algo Reconciliation

High-speed portfolio reconciliation

• Algo Reconciliation enables you to reduce credit and operational risk with its capability to perform fast, high-quality reconciliations. It helps you eliminate one of the largest challenges in reconciliation by enabling auto-matching of one-to-one trade matches as well as many-to-many.
• Allows you to reconcile a new portfolio of 1,000 transactions in approximately six seconds, while most new, large-scale portfolios of around 30,000 transactions can be reconciled in under one minute.
• Supports more accurate understanding of your portfolio, with daily reconciliations and the capability to top up historically-reconciled portfolios in as little as 5 seconds.

Sophisticated reconciliation analysis

• Provides you with detailed analysis of reconciliation matches and portfolio discrepancies, and enables drill-down views of source transaction data. It supports more rapid navigation of reconciliation results, with results grouped into intuitive match categories (matched, suggested matches, and unmatched).
• Enhances the speed and accuracy of your reconciliations, and offers the capability to automatically propose matches for a large portion of your firm’s portfolio.
• Facilitates your dispute analysis and resolution. It enables you to identify transactions that generate disputes and provides you with mechanisms for tracking requirements and dispute resolution.

Cost-saving automated processes

• Saves you from costly and time-consuming manual processing of reconciliation data.
• Algo Reconciliation supports the needs of financial firms of all sizes, combining low cost of ownership with automated processes to increase the frequency of reconciliations.
• Enables banks, insurance providers, pension funds and asset managers to share reconciliation data and results on a timely basis across the enterprise.

Intuitive, user-friendly interface

• Optimizes your ease of use and supports clearer understanding of the largest portfolio and trading book differentials.
• Supports management oversight by enhancing the visibility of internal process issues, with all user actions tracked via the audit trail system including additional fields for notes.
• Enables you to quickly import data and map counterparty files with its easy-to-use set-up wizard.