Watson Wheatley Adds DTCC Reconciliation

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22 November 2016
London, United Kingdom

London – November 2016 -- Watson Wheatley Financial Systems (WWFS), specialists in securities reconciliation, have added DTCC reconciliation to their extensive reconciliation line-up. The iRecs platform automatically downloads and links daily positions with underlying trade data and reconciles it against internal records.

“Adding the DTCC reconciliation to our existing reconciliation platform was a request from an existing client and fits extremely well with our increased focus on regulatory recs and reporting” commented WWFS COO Tom Wheatley. “The DTCC data was not the easiest to work with but our integrated data aggregation tool and security master allowed a structured view of this reconciliation”.

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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 the iRecs reconciliation platform and Importer data aggregation software. iRecs is an extremely versatile and powerful reconciliation solution, used by clients with over $160bn in assets under administration. iRecs has been selected as the ‘Best Technology Vendor’ and ‘Best Reconciliation and Data Aggregation Software – UK’ at the 2016 Hedge Fund Awards.

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