PROactive™ Reconciliation

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Overview

PROactive™ Reconciliation delivers superior matching capabilities, volume throughout and fully integrated exception management. This highly scalable solution validates, enriches and matches transaction data from the earliest point of the trade cycle through to post settlement, for any type of financial instrument across all internal and external agents.

Key Features

Users are alerted to exceptions as they occur so they can be investigated and resolved in good time.

The solution supports any number of distinct operating units, reconciliation types, data sources, data fields, processes and languages.

PROactive is proven to reduce the number of exceptions, the time for which they remain unresolved, and the costs associated with managing them.

Consolidated views of reconciled positions and transactions for securities, cash and derivatives enhance risk management and funding decisions.

Broad range of deployment options from on-site to full outsourced service from a single business partner.

Configurable web browser screens - see what you want to see, how you want to see it.

Comprehensive versioning of static and configurable data supports segregation of duties and a 4-eye activation model.

High Capacity and Performance: Multi-threaded auto-reconciliation, balanced across multiple servers when required.

Run-when-ready approach ensures reconciliations run as soon as required.

Key Benefits

Mitigate the risk of trading and settlement-related anomalies with timely detection via intelligent business rules processing.

Improve operational efficiency by using a single solution to automate process control and reconciliations for all asset classes and business areas.

Lower operating costs: Processing expense become a variable cost rather than a fixed overhead that requires significant up-front investment.

Improve control through dynamic business activity monitoring and real-time insight into operations.

Avoid high pre- and post-implementation costs by leveraging Broadridge’s straightforward implementation methodology and its ability to empower users to set up new reconciliation requirements independently.

Reduce cost and time to market and through a broad choice of on-site and outsourced deployment options.

Aid comprehension and performance of manual tasks by screens relevant for each business scenario.

Reduce amount of effort required to deliver proper regulatory compliance.

Supports growing organizations with faster, more informed decision-making.

Product/Service details

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