IVP Recon

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Overview

IVP Recon is a best-in-class solution designed to help alternative asset managers reconcile positions, activities and cash balances against prime brokers, custodians, fund administrators and others with “any to any” flexibility. Powered by intelligent automation, IVP Recon uses a unique combination of AI and ML to help asset managers maximize speed, efficiency, and accuracy.

Key Features

  • AI-driven setup and suggestion engine
  • Real-time reconciliation with automated postings
  • Identify root cause of breaks
  • Efficient month-end reconciliation
  • Cloud-based reconciliation solution: access anytime, anywhere
  • Live in 24 hours

Key Benefits

  • Intelligence: AI/ML-powered suggestion engine recognizes patterns, “learning” the asset mix and counterparties on the fly to automatically predict user actions
  • Efficiency: Month-end and daily reconciliation activities run in parallel without duplicate manual actions, optimizing monthly/quarterly NAV reconciliation
  • Speed: AI/ML-powered algorithm sets up reconciliations in minutes with auto-suggested mappings, keys, and attributes, while prebuilt adapters accelerate onboarding of counterparties and funds
  • Cost: Cloud-hosted SaaS platform can be rolled out in one day without adding any infrastructure
  • Transparency: Configurable, end-to-end workflow tags and assigns exceptions automatically with a robust audit trail and multi-level signoffs
  • Self-service: Intuitive interfaces let users configure workflows without intervention from IT
  • Secure & Maintenance Free: Multi-factor authentication ensures restrictive, safe, secured access.
  • Periodic data backups & cleanups reduce TCO and maintenance efforts.

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