iRecs Reconciliation Solution

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Overview

iRecs is an extremely versatile, scalable and powerful reconciliation solution that can be implemented rapidly and covers all asset classes. iRecs supports reconciliations at any time interval (daily, monthly, intra-day) as well as on an ad-hoc basis for everything from simple cash and trades all the way up to full NAV and total equity accounting for derivatives. WWFS have recently released iRecs 3 which is built on the latest development framework and incorporates user definable dashboards, enhanced reporting and an updated user interface. Data aggregation is provided by WWFS’s Importer product which allows fully configurable data mapping from external sources to iRecs. Importer removes the need for hard-coded import methods and allows end-users to build or modify imports from pre-defined templates in a fraction of the time required by competitor products.

Key Features

iRecs allows fully integrated reconciliations which not only flag up any differences but also why these are occurring. Our total equity reconciliation solves FIFO differences on margin trades instruments, a 'must-have' feature for alternatives managers with or anticipating large volumes.

Key Benefits

Extremely cost effective solution based on the number of users, allowing unlimited volumes, reconciliations and interfaces. Our clients will attest to our attention to detail and ongoing commitment to the product through our reactive support desk and continued development of the system in conjunction with our clients.

Product/Service details

User Suitability (Capital Markets & Investment)
Asset Managers, Trading firms, Wealth Managers
Geographic Availability
Africa, Asia-Pacific, Europe, Middle East, North America
Asset Class Coverage
Bonds, Commodities & Energy, Equities, Foreign Exchange (FX), Funds, Futures, Options and other Derivatives, Money Markets, Structured Products