AutoRek 3 minute CASS demonstration
Designed by in-house regulatory experts, our CASS data governance platform is designed to eliminate the manual work required for compliance with the FCA’s CASS rules. Through automation, our CASS platform is designed to simplify your custody asset reconciliations and guarantee data integrity. AutoRek runs simultaneous reconciliations for multiple legal entities and business units to eliminate…
AutoRek 3 minute demonstration
AutoRek is the leading financial and operational reconciliation system. It uses intelligent automation to eliminate manual processes, perform intelligent matching and analyse breaks. Since 1994, we have combined cutting-edge technology, first-class implementation and subject matter expertise to automate the reconciliation process from end-to-end. View our three-minute demo video today to see why our software is…
Automated reconciliations software checklist: 7 must-have features
…interface across the entire process. It should not be presented as a series of bolted-together sub-packages. See AutoRek’s end-to-end solution in action – in 3 minutes. bg-white 5219 6750 3147…
Financial data management: The definitive guide for financial services
Data runs through all aspects of financial services organisations. Managing that data effectively is key to maximising its value and keeping operational costs low. As UK regulators’ approach becomes increasingly data-driven, effectively managing data is now vital to ensuring compliance. For example, the FCA now uses data to monitor firm failure risk and assess the…
The reconciliations handbook
Reconciliations are a fundamental control mechanism for finance and accounting. Despite this, many firms across the financial services sector continue to rely on Excel spreadsheets to carry out this crucial process. The reconciliation process used to be relatively simple to conduct. And using Excel, a legacy point solution, or an in-house reconciliation tool to perform…
Reconciliations 101: Different types & overcoming common challenges
…but also wastes time and resources. More specifically, relying on old-fashioned manual processes results in the following drawbacks: Higher frequency of breaks Operational inefficiency Lack of control and auditability Inability…
How back-office automation reduces costs and encourages growth
Posted: 10/05/2023 | Read time: 4 minutes Financial services firms are facing challenging market conditions in 2023. After two years of uncertainty caused by the COVID-19 crisis, organisations now operate amid a tumultuous geopolitical climate, soaring levels of inflation, and an economy teetering on the edge of recession. Many firms have taken to cost-cutting…
Could automation pave the way to a four-day week?
Posted: 13/04/2023 | Read time: 3 minutes Murray Campbell, CASS Business Consultant at AutoRek, considers how calls for a four-day working week could be met by achieving efficiency through automation Amidst a challenging regulatory landscape of ever-increasing complexity, shifting work practices and individual expectations are adding further challenges for firms to address. Calls to…
Automated reconciliations 101: Your guide to modernising processes
Posted: 13/04/2023 | Read time: 4 minutes Reconciliations are becoming increasingly complex. Transactional volumes are rising as the financial services sector grows and becomes increasingly globalised, frictionless and digital. And, as regulators keep checks on a fast-evolving sector, organisations also face increasingly stringent regulatory requirements. As the industry changes and companies grow, manual reconciliation…
The reconciliations handbook
Reconciliations are a fundamental control mechanism for finance and accounting. Despite this, many firms across the financial services sector continue to rely on Excel spreadsheets to carry out this crucial process. The reconciliation process used to be relatively simple to conduct. And using Excel, a legacy point solution, or an in-house reconciliation tool to perform…