Reconciliation Solution
Reconciliation is becoming increasingly complex. From bank reconciliation to account reconciliation to cash reconciliation to balance sheet reconciliation, data is often inaccurate or incomplete. Manual operations are falling short with rising transaction volumes and esoterics. Spreadsheets can’t give you a holistic view of your operational risk across funds, much less automate reconciliation.
Indus Valley Partners automates, accelerates, and simplifies reconciliation with AI and ML technology designed to handle peak volume, velocity, and asset class complexity. Powered by advanced AI/ML technologies, IVP Reconciliation Solution features “any-to-any” reconciliations and an ultra-fast engine that processes millions of transactions in minutes — all in a cloud-based solution that can go live in one day.
benefits
Advantages for Buy-Side and Sell-Side Firms
Asset managers benefit from IVP’s fundamentally different approach, leveraging integration, automation, and flexibility to adapt to rapidly changing workflows.
Up to 30% Efficiency Gain
Automate reconciliation of complex transactions, including OTC instruments
40% Faster Implementation
Quickly identify patterns, associations, and insights to finish setup in minutes, not days
Up to 50% Lower Cost
Leverage open source technologies to reduce infrastructure costs,and achieve 50% cost reduction with IVP Managed Services
More Intelligent Operations
Trust IVP’s AI to recommend the right “next steps” for any bank reconciliation, account reconciliation, cash reconciliation, or balance sheet reconciliation process
Transparency
Maintain a complete history of user actions for more accurate audits
What’s Possible with Reconciliation Solution
Position Reconciliation
Data Reconciliation
Payment Reconciliation
Cash Reconciliation
NAV Reconciliation
Inter-State Reconciliation
Bank Reconciliation
Balance Sheet Reconciliation
N-Way Reconciliation
Profit & Loss Reconciliation
Account Reconciliation
Nostro Reconciliation
Month-End Close Reconciliation
Embedded Broker Email Communications
Get Ready for T+1 Settlement
The impending transition to T+1 settlement in May 2024 marks a pivotal shift in market dynamics, promising enhanced efficiency and reduced operational risk. However, this condensed settlement timeframe introduces a host of operational challenges, especially for reconciliation. When swift and accurate reconciliation becomes non-negotiable, will your firm be able to deliver? Now is the time to explore the power of automation and how it can help you achieve efficient T+1 reconciliations.
Key features
Reconciliation Solution Key Features
AI-Powered Suggestion Engine
Using AI/ML technology, our suggestion engine recognizes patterns, “learning” your asset mix and counterparties on the fly to predict 50% to 60% of manual user actions. It automatically recommends reconciliation mappings, keys, and attributes, so you can set up new new bank, account, cash, or balance sheet reconciliations in minutes. Plus, in-memory performance is faster and more scalable than a conventional database.
Efficient Month-end Close Reconciliation
Optimize monthly/quarterly fund accounting, balance sheet reconciliation, and NAV reconciliation with a hassle-free month-end close reconciliation that runs in parallel with daily reconciliation activities. Avoid duplicate work with a single “as-of-daily” or “as-of-month-end” close view.
Any-to-any Reconciliation
Reconcile data from a fund, admin, and counterparty—all in a single, N-way reconciliation. Out-of-the-box reconciliations include bank, cash, position, trade, trial balance, TEV, NAV, P&L, and month-end close.
Embedded Broker Communication
Communicate directly with prime brokers and custodians via email from the break blotter, with automatic attachment of break sheets, “smart compose” for the email body, and a full audit trail.
Designed for Self-service
The intuitive user interface lets users configure everything without intervention from IT. No code, no hassles, just efficient reconciliation.
Advanced Workflow Management
Configurable, end-to-end workflow tags and assigns exceptions automatically with a robust audit trail and multi-level signoffs.
Customer Use Cases
Asset Managers
Integrate with
PMS/OMS, accounting, reference masters
Prime Brokers
Reconcile positions,balances, trades
Custodians
Reconcile bank statement and ledgers
Fund Administrators
Reconcile monthly/daily NAV, trial balances, P&L
By The Numbers
4.2tn+
AUM managed using IVP technology
1.6tn+
RAUM reported through IVP Regulatory
Reporting Platform
500+
Strategy & Bespoke Projects delivered
180+
Fund managers using IVP Solutions
100+
Fund Managers using IVP “Digital First” Managed Services
35%
Global hedge fund AUM running through IVP products
A Comprehensive Framework for Managing Data on the Buy-Side.
Reconciliation as a Service
For managers looking to scale operations while improving visibility and analytics, reconciliation is more than just matching trades, positions, and cash transactions—it’s a complex process with inherent risks. The sheer volume and intricacy of data make it challenging to manage in-house, which is why outsourcing to an experienced provider can enhance efficiency and reduce risk. IVP Reconciliation as a Service offers a scalable, cloud-based, and secure solution for fast, accurate, and cost-effective reconciliations.
IVP Explorer
Finding The Right Solutions
IVP’s offering has the breadth found at the largest global, multi-line technology providers combined with the specialized knowledge, innovation, and service found at leading boutiques.
Asset Management
CLO Managers
Credit Managers
Distressed Debt
Family Offices
Fund of Funds
Infrastructure Funds
Insurance Asset Managers
Insurance Funds
Long Biased Funds
Long Short Funds
Pension Fund
Private Debt Managers
Private Equity
Real Estate Funds
Special Situations
Resources For Growing Your Firm
Real-World Success Stories
See how IVP Consulting partners with leading buy-side firms to unlock innovation and achieve lasting success.
