Brokerage Reconciliation

Trade reconciliation

Infinit-O understands that the failure to reconcile increases risk. The longer the reconciliation process takes to complete, the higher the chances of incurring losses.

With Infinit-O as your partner, our dedicated operating teams, composed of financial services analysts skilled and experienced in finance and investments, can assist you in checking the completeness and accuracy of trade details entered into the system by the front office, and comparing it to trade confirmations received from brokerage firms.

We understand that there is a need to timely escalate differences to account handlers or traders in case discrepancies are identified and as such we have structured processes to monitor breaks regularly and follow up for resolution until all differences are reconciled.

By choosing Infinit-O’s Trade Reconciliation Solutions, your company would be able to increase efficiency and effectiveness in the T+1 Trade Verification.

Position and Cash Reconciliation

Awareness of your institution’s positions and valuations at any point in time is essential, as it provides a clear understanding of your true counterparty risk at all times.

An effective Position and Cash Reconciliation or Portfolio Reconciliation process is needed in order to ensure that all records are accurate, and that all effects of different trade events such as amendments and novations, have all been captured, and discrepancies and mismatched trades are recognized and investigated promptly, ensuring correctness of data.

By partnering with Infinit-O you can realize a range of benefits including:

• Establishment of external controls that supplement internal controls and processes as an added safeguard against errors, discrepancies and fraudulent activity

• Accurate matching of records between parties that captures all life cycle events affecting trade details

• Mitigating of counter-party risk through mutual, independent reconciliation

• Staying within budget while effectively mitigating risks

Our team of financial services analysts can assist you in handling the reconciliation of your cash and equity positions daily while ensuring that all events, including corporate actions, currency exchanges, fund movements and transfers are all properly recorded and that cash postings in our system agree with bank postings at the end of the day. Our team also directly contacts custodian banks in case there are queries and works on resolving breaks at the soonest possible time.

By choosing Infinit-O Position and Cash Reconciliation Services we can make sure that the information you require is ready even before your next day starts.

 

We are ISO 9001: 2008 Certified and Six Sigma qualified and place a large emphasis on quality and continuous improvement. We are ISO 27001:2005 certified so our clients can be assured that their data in being safeguarded appropriately.

You realize a range of benefits on Infinit-O’s accounting outsourcing services. We understand that your requirements are unique, and we work with you to ensure our solutions achieve your business objectives.

For more information about our brokerage reconciliation solutions, call us at (866) 727-2504 x410 or inquire through our contact form.