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AutoRek joins the Swift Partner Programme to improve data consolidation and reconciliation

Posted: 09/10/2024 | Read time: 1 minute

 

AutoRek, a leading automated financial controls platform, is delighted to announce that it has joined the Swift Partner Programme, to improve and simplify the consolidation and reconciliation of financial data.

Working with Swift, the world’s leading provider of secure financial messaging services, it will deliver greater integration for firms between their operational processes and third-party data sources, enabling streamlined data management and ingestion. Driven by a predefined catalogue of API connections, AutoRek will consume messages directly via the Swift network, greatly enhancing the efficiency of critical reconciliation processes and wider data management. Connecting AutoRek to the Swift network will remove the need for AutoRek customers to source and manage files of statements from the external parties they do business with.

Building on this capability, AutoRek will also explore the development of new tools and products, to help its customers further benefit from its connection to the Swift network.

Alastair MacKenzie, Head of Strategic Partnerships at AutoRek comments: “AutoRek is on a mission to set the benchmark in trust for finance operations and controls. As a member owned organisation, we believe this collaboration with Swift will allow us to gain in depth insights to help meet the needs of the world’s leading financial services firms.”