Reconciliation of data takes many forms and serves multiple purposes whether it’s critical operational or risk control, underpinning transformation projects or delivering complex time critical regulator mandated processes. The challenge has been performing the variety of tasks with a single reconciliation platform. Tools designed for business-users frequently lack the rich features to handle the most complex reconciliations and vice versa; traditional enterprise reconciliation platforms are often too expensive and time-consuming to apply to non-critical reconciliations. This leaves firms using multiple solutions including non-audited, uncontrolled manual processes.
Broadridge’s BRx Match addresses these challenges through a truly holistic cloud-based reconciliation and matching solution. All in one platform – BRx Match solves both complex and simple reconciliations, with business user self-build functionality. It automates the entire reconciliation process from the earliest point, resulting in improved efficiency, business control, transparency, and accuracy, while reducing risk and total cost of ownership..
