Definition: Automated matching of executed payments with internal records to ensure accuracy and completeness.
Example: Reconciliation automation typically includes data ingestion (positions, trades, cash activity), normalization and matching (rules engines and algorithmic tools match trades), automatic clearing (for high-confidence matches), and exception management (for breaks that require human investigation and resolution).
Explore IVP Cash Management
The IVP Cash Management Solution helps enable reconciliation automation. This buy-side platform centralizes and automates cash settlements, balance monitoring, and payment workflows across banks, funds, and counterparties. By replacing manual processes with configurable, straight-through automation, it gives firms real-time visibility, stronger controls, and greater confidence in every cash movement.
