The new solution supports both real-time and continuous reconciliations, allowing customers to use a wider range of processing, including payment reconciliations.
SuMI TRUST developed the transfer agency reconciliation solution in conjunction with Funds Rec for its fund services business in Ireland.
Citco has made ‘significant strategic investment’ with the aim of providing tailored middle-office services within a wider front-to-back strategy.
The new technology will help banks that have relied on multiple reconciliation platforms that use legacy technologies which can be up to 20 years old.
SmartStream deploys new technologies allowing business users to reconcile complex sets of data in seconds.
FinTech firm Finbourne has released an early access programme for its flagship cloud-based investment data management platform, LUSID.
Northern Trust completed the transition of bringing Citadel’s technology team, in-house, essentially giving it the right to develop their own software for hedge funds.
Broadridge’s MRC business provides real-time monitoring, alerts and business controls to asset and wealth managers, investment banks and broker-dealers.
Deutsche Bank moves reconciliation services to SmartStream to further improve processing and reduce costs.
SmartSteam’s head of strategy outlined ambitious plans for post-trade processes including streamlining and a rebranding of reconciliation.