Electra Reconciliation

In today’s complex, heightened economic environment, you need effective, efficient reconciliation processing.

Electra Reconciliation, formerly known as STaARS, is a turn-key business tool that enables greater control of investment options. An innovative, intuitive and dedicated platform – which can be installed onsite, delivered via SaaS, provided as a hosted and managed service, as well as offered as a scalable solution for startups to meet any of your firm’s specific needs – providing an integrated and consolidated view of your positions and cashflow.

Electra Reconciliation is a flexible tool that opens and resolves exceptions based on your specific rules. It has the capability to provide daily reconciliation and reconciles more quickly at month-end, as well as positions and transactions for all security types – across multiple systems and parties.

As Electra Reconciliation is designed to automate processes against the traditional time- and paper-intensive manual method you’ll be reducing both overhead costs and associated operational risks. You will now have the flexibility to concentrate on what’s really important – your business.

• Opens and resolves exceptions based on your rules
• Reconciles as often as daily
• Reconciles more quickly at month-end
• Reconciles positions and transactions for all security types
• Reconciles among multiple systems and parties
• Links related unmatched transactions, positions and cash
• Automatically notifies appropriate internal and external parties
• Ages outstanding exceptions
• Facilitates trend and risk analysis
• Maintains a complete audit trail, along with notes
• Utilizes flexible, industry standard, best practice matching rules
• Is scalable to your needs, running on internal or SaaS platforms

• Resolve problems more quickly
• Mitigate trading risks
• Increase efficiencies
• Gain control of potential risk exposure
• Fully invest idle cash
• Enhance your customer service
• Expedite billing
• Promote transparency and accountability across your organization
• Manage your staff's workload
• Manage your own complex business processes
• Create personalised reports and views of information
• Never need to hire expensive technical staff
• Gain a holistic view of your exposures
• Begin to reap the benefits of STaARS quickly