IVP RECON
Reconciliation Redefined
Automate, accelerate, and simplify reconciliation with AI and ML technology designed to handle
peak volume, velocity and asset class complexity
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.
Read our latest blog on
Simplifying Exception Management within the Reconciliation Process
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CAPABILITIES
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Position Reconciliation
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Cash Reconciliation
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Bank Reconciliation
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Month-End Reconciliation
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Data Reconciliation
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NAV Reconciliation
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Trial Balance Reconciliation
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P&L Reconciliation
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Payment Reconciliation
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Inter-State Reconciliation
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N-Way Reconciliation
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Embedded Broker Email Communications
50
cost reduction
with IVP Managed Services
40
faster implementation
with advanced AI/ML setup
30
efficiency gain
for the average implementation
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
Latest Blog
April 08, 2021
Simplifying Exception Management within the Reconciliation Process
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
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