IVP RECON

Reconciliation Redefined

Automate, accelerate, and simplify reconciliation with AI and ML technology designed to handle peak volume, velocity and asset class complexity

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Reconciliations are conceptually simple but operationally complex. Data from multiple sources is often inaccurate or incomplete. With transaction volumes rising and esoteric instruments becoming more common, manual reconciliation is too slow to be sustainable. Traditional, spreadsheet-driven processes also fail to provide a holistic view of operational risk across funds.

IVP Recon takes a different approach, leveraging AI and ML technology to help asset managers significantly increase efficiency, accuracy, and flexibility. Powered by these core technologies, IVP Recon features “any-to-any” reconciliations and an ultra-fast reconciliation engine that processes millions of transactions in minutes-all in a cloud-based solution that can go live in one day. And with IVP Managed Services, you can outsource reconciliation with full “audit anytime” transparency.

CAPABILITIES

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 reconciliations in minutes. Plus, in-memory performance is faster and more scalable than a conventional database.

EFFICIENT MONTH-END
RECONCILIATION

Optimize monthly/quarterly fund accounting and NAV reconciliation with a hassle-free month-end reconciliation that runs in parallel with daily reconciliation activities. Avoid duplicate work with a single “as-of-daily” or “as-of-month-end” 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 cash, position, trade, trial balance, TEV, NAV, P&L and month-end.

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 interfaces 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.

END-TO-END TOUCHPOINTS

ALTERNATIVE
ASSET MANAGERS

Integrate with PMS/OMS,
accounting, reference masters

PRIME
BROKERS

Reconcile positions,
balances, trades

CUSTODIANS

Reconcile ledgers and
bank statements

FUND
ADMINISTRATORS

Reconcile monthly/daily NAV,
trial balances, P&L

RECONCILIATION AS A SERVICE

With IVP Managed Services, IVP Recon becomes “reconciliation as a service.” Empowered by digital-first technologies, our cross-functional support teams manage the entire reconciliation process in the cloud with “audit anytime” transparency that makes it simple for you to check every step in the process. Well-defined SLAs and KPIs help control operating risks. And activity-based pricing lets you take a modular approach.

RESOURCES

Brochure

2020

Explore Recon Capabilities

Whitepaper

2020

Reengineering Reconciliation for structured credit & loans

Case Study

2020

IVP Recon delivers Operational Alpha

One Pager

July 30, 2021

IVP Fail Monitor

Factsheet

September 01, 2021

IVP Recon Factsheet

Latest Blog

August 19, 2021

Cross-Functional Benefits of Efficient Reconciliation

Video On Demand

May, 2020

IVP Recon Virtual MM2020

Video On Demand

Nov, 2020

Transform Reconciliation Operations through Automation and Digitization

Video On Demand

2020

Robo Recon

Video On Demand

2020

Achieving Quantum Leap in Efficiency and Accuracy in the Reconciliation Process

Blog

July 07, 2021

The Importance of Reporting & Analytics in the Reconciliation Process

Blog

April 08, 2021

Simplifying Exception Management within the Reconciliation Process

Blog

March 24, 2021

Improving Data Management in the Reconciliation Process

Blog

Feburary 22, 2021

How Recon Service Provider Generates Operational Alpha

Blog

November 24, 2020

Automated Reconciliation – An operational burden or competitive advantage

Blog

September 29, 2020

Understanding the Benefits of Position Reconciliation Software

Blog

August 6, 2020

Operational Advantages of an Advanced, “Any-to-Any” Reconciliation Solution

Blog

July 21, 2020

Automating Bank Statement Reconciliation

Blog

July 29, 2020

Reconciliation for the Buy Side

Blog

July 16, 2020

Harnessing Managed Services for a More Efficient and Secure Reconciliation Process

Blog

May 5, 2020

Business Continuity & Operational Success in time of COVID-19

Blog

April 16, 2020

Give Your Business Continuity Plan a Wellness Check

Blog

March 10, 2020

AI/ML powered Suggestion Engine delivers operational efficiency

Blog

March 16, 2020

Cloud-Based Reconciliation

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