Recon, Settlements & Other Processes

We understand the nuances of trade reconciliation, including Share and Cash recon. We have worked closely with wealth management firms to understand each nuance behind their respective reconciliation processes and have developed customized systems for each. We understand the no single recon system can satisfy all customer requirements. Hence our expertise in building custom solutions in these complex transactions involving banks, mutual funds and customers is second to none.

• Commissions Processing: Creating end to end solution to manage all commissions calculations, interfacing with NSCC files to load data, creating and printing commissions checks and building a web UI to manage this process.


• File Formats and connectivity to other trading interfaces such as Bank of America /ML Connect, SIAC, etc.


• Dividends & Fees: Expertise in building applications to support Accrual and Equity dividends. Interfacing with any back-end data sources to build the calculation engine, dividend accrual buckets if and whenever required, transmitting necessary dividend files to downstream processes.


• Fund Performance: Expertise in interfacing with external fund data providers such as Morning Star, CNN etc. Whether it’s a web service based solution for your website or a flat file / XML based solution, we can seamlessly integrate any 3rd party data with your application.