Reconciliation as a Service Launched by Watson Wheatley Financial Systems
This feature is upgradeable
For End Users
You can activate this feature and other links for ALL VENDORS with a VendorMatch Premium subscription. Additionally you can gain access to an increased depth of data, summary reports, RFX reports (detailed completed RFIs - available to financial institutions only) and comparison grids. Please click here for more information on Premium features.
For Vendors
Vendors can activate their links and gain access to analytics by upgrading to VendorMatch PRO. Please click here for more information
Ask an Analyst
Ask an analyst is the ability to communicate with one of our analysts about this vendor, system or genre of solution.
Survey Summary
The Survey Summary provides a download of the vendor profile, solution profile and the VendorMatch Discovery survey vendor responses used to power the directory. All responses are provided by the vendor online.
Note that this report is a high level summary of the vendor's credentials and a solution's capabilities designed to assist with solution short-listing. The RFX report is the more comprehensive Request For Information report designed to support evaluation and selection, this will only show where the vendor has completed the "RFX" RFI.
HOW TO SUBSCRIBE
To protect vendor data only financial institutions and recognized advisors can subscribe to VendorMatch Premium. Please click here for more information on Premium features or contact us to discuss a subscription.
RFX Report
The RFX report is an XLS download of the Vendors response to the “RFX” Request for Information for this solution.
The RFX is a centralized golden copy of a RFI authored by our analysts based on their expertise in running real-life system evaluation and selection projects and completed by the vendor online.
Note to protect vendor that only Financial Institutions and recognized Advisor can subscribe to this feature.
In each instance the first time the link is used the user requests permission to access the RFX report and it is the vendor who is required to authorizes access. You will be alerted when the vendor has reviewed your request and granted permission.
HOW TO SUBSCRIBE
You can activate this feature with a VendorMatch Premium subscription. Please click here for more information on Premium features or contact us to discuss a subscription.
To learn more about subscribing to our service options, please contact us here
Reconciliation as a Service Launched by Watson Wheatley Financial Systems
London - June 2018 – Watson Wheatley Financial Systems, specialists in securities reconciliation software, have announced the launch of ‘Reconciliation as a Service’. The new initiative is currently live with its first client; a large emerging markets equities asset manager. The service is heavily automated, bounded by strict SLA’s and provides regular reporting for oversight of the process. Watson Wheatley have a clear mandate for further automation of the process which will allow faster data delivery, higher match rates and overall cost savings for the client.
The service is designed to save on manpower while still providing the best practice reconciliation which is a cornerstone of Watson Wheatley’s offerings. A full audit trail, sign off process and the elimination of spreadsheets is achieved by using this hosted application. Multiple types of reconciliations are being performed and performance analytics being delivered back to the client.
Further details of the specific agreement and Reconciliation as a Service are expected to be revealed in due course.
Tom Wheatley, COO at Watson Wheatley:
“This was an excellent opportunity for a new business line at Watson Wheatley, leveraging our powerful reconciliation solution iRecs to deliver a comprehensive reconciliation service to our client. The solution is hosted by Watson Wheatley in the cloud, with direct import and upload capabilities back to the client’s portfolio accounting system, allowing for seamless integration with their daily processes.”
“We also have a great excuse to use our system daily and fully experience the day to day use of the product in a real environment. We have had excellent feedback over the years from our clients but this provided an extra opportunity to realise real productivity gains as a direct result of using the application ourselves.”
--ENDS—
ABOUT WATSON WHEATLEY FINANCIAL SYSTEMS
Watson Wheatley Financial Systems is a reconciliation system vendor with worldwide clients including hedge funds, long-only asset managers and commodities traders. Its principal products are iRecs and Importer. iRecs is an extremely versatile and powerful reconciliation solution, used worldwide by clients with over $160bn in assets under administration. iRecs has recently been shortlisted for the Waters Rankings 2018 and won Reconciliation Platform of the Year at the CorporateLiveWire Global Awards 2018.
For further information please visit: http://www.watsonwheatley.com/