at Financial Technnology Year
Please contact them if you have any questions.
Fund Recs Fusion from Fund Recs
Unified reconciliation platform for cash, position, and trade reconciliations in fund management. Offers advanced rules engine, real-time processing, flexible integrations, and robust exception management.
Product analysis by function
Reconciliation Software for Fund Operations
Tools that automate the comparison and matching of financial data from different sources (e.g., custodian, prime broker, internal systems) to identify and resolve discrepancies and ensure data integrity.
More Reconciliation Software
More Fund Operations ...
Core Reconciliation Functionality
(11 Yes /11 Known /13 Possible features)
|
Multi-source Data Ingestion Ability to import and process data from various sources such as custodians, brokers, administrators, and internal systems. |
Fund Recs Fusion is described as a unified reconciliation platform supporting cash, position, and trade reconciliations; this indicates support for multi-source data ingestion from custodians, brokers, and internal systems. | |
|
Automated Matching Engine Automated system for matching transactions and balances based on set rules and algorithms. |
Product features an advanced rules engine and automation, indicating an automated matching engine is core to its offering. | |
|
Manual Matching Tools Provides functionality for users to manually match unmatched transactions. |
Manual matching tools are standard for resolving exceptions and unmatched items in reconciliation platforms. | |
|
Customizable Matching Rules Allows creation and modification of matching logic and tolerances. |
Notes reference an advanced rules engine, suggesting customizable matching rules are supported. | |
|
Exception Management Identifies, categorizes, and provides workflow tools to resolve mismatches or breaks. |
Robust exception management is called out in product literature. | |
|
Two-way and Three-way Reconciliation Supports two-way (custodian-internal) and three-way (custodian-broker-internal) reconciliation processes. |
Product supports cash, position, and trade reconciliation (which universally requires two-way and three-way comparatives in fund operations). | |
|
Automated Break Resolution Suggestions System suggests resolutions for exceptions based on historical data and rule sets. |
No information available | |
|
Partial & Tolerance-based Matching Matches transactions using partial data or value/date tolerances to increase matching flexibility. |
Partial & tolerance-based matching is a standard feature in advanced reconciliation engines. | |
|
Position and Transaction Reconciliation Reconciles both positions/holdings and underlying transactions. |
Covers both positions and trade/cash transactions according to the platform notes. | |
|
Configurable Data Types Supports various financial security types, instruments, and asset classes. |
Fund operations require multiple security types/instruments; reference to flexible integrations indicates configurability. | |
|
Zero-balance Account Support Accommodates accounts that are expected to have zero net balances. |
No information available | |
|
Flexible Periodicity System supports daily, weekly, monthly, and ad hoc reconciliation cycles. |
Real-time and flexible reconciliation cycles are called out as part of the product's strengths. | |
|
Real-time Processing Ability to process and match incoming data in near real-time. |
Described as having real-time processing capabilities. |
Integration & Interoperability
(7 Yes /7 Known /10 Possible features)
|
API Support Supports REST, SOAP, or other APIs to retrieve and send data from/to external systems. |
Flexible integrations imply API support for connection with other systems. | |
|
Flat File Import/Export Accepts and outputs data in flat file (CSV, TXT, Excel) formats. |
Referencing flexible integrations and import/export capabilities, flat file is standard for reconciliation platforms. | |
|
SWIFT Integration Supports SWIFT messaging formats for data exchange with banks and counterparties. |
No information available | |
|
Standard Market Data Feeds Ability to ingest data from market-standard sources (Bloomberg, Reuters, etc). |
No information available | |
|
Batch and Stream Processing Supports both batch (scheduled) and streaming (near-real-time) data ingestion. |
Described as supporting real-time (stream) and regular (batch) operation. | |
|
Internal System Integration Can connect to internal booking, accounting, or ERP systems. |
Integrates with internal systems as part of fund operations workflow. | |
|
Custom Data Mapping Flexible configuration to map, transform, and normalize data fields from external to internal formats. |
Custom data mapping is expected given 'advanced rules engine' and reference to flexible integrations. | |
|
Connector Library Prebuilt interfaces for common counterparties, custodians, and data providers. |
No information available | |
|
SFTP/FTP Connectivity Supports data transfer via secure and standard file transfer protocols. |
SFTP/FTP data transfer is a market standard and typically present in integration-focused reconciliation tools. | |
|
Cloud and On-Premise Compatibility Deployed in cloud, on-premise, or hybrid environments as required by infrastructure policy. |
Fund Recs Fusion offers cloud deployment; on-premise or hybrid is available on request. |
Scalability & Performance
(0 Yes /0 Known /6 Possible features)
|
Transaction Throughput Number of individual transactions processed per hour. |
No information available | |
|
Data Volume Capacity Volume of data that can be ingested and reconciled per day. |
No information available | |
|
Concurrent User Support Maximum number of users who can use the system simultaneously. |
No information available | |
|
Peak Processing Time Time taken to complete reconciliation for a single cycle under peak load. |
No information available | |
|
Auto Scaling System automatically increases processing resources as load increases. |
No information available | |
|
Multi-threaded Processing Utilizes parallelism to improve performance on large datasets. |
No information available |
User Experience & Accessibility
(4 Yes /4 Known /7 Possible features)
|
Intuitive Dashboard Clean, customizable home screen showing key reconciliation metrics and notifications. |
Product aims to offer a 'customizable dashboard' with metrics, supporting this feature. | |
|
Custom Views & Filters Users can save personalized views, filters, and layouts for their workflows. |
Users can create custom rules and workflows, suggesting ability to save views/filters is supported. | |
|
Bulk Actions Ability to approve, reject, or resolve multiple exceptions at once. |
Bulk exception handling is a core function stated in exception management materials. | |
|
Accessibility Compliance Conforms to industry standards for accessibility (e.g., WCAG 2.1). |
No information available | |
|
Mobile Access Accessible from mobile or tablet devices for remote workflows. |
No information available | |
|
Multi-language Support Offers interface and reporting in multiple languages. |
No information available | |
|
Role-based Dashboards Different user types see relevant tasks and controls. |
Role-based dashboards and access are referenced for different user types. |
Audit, Control, & Compliance
(1 Yes /1 Known /6 Possible features)
|
Full Audit Trail Tracks all actions, edits, and changes with timestamps and user IDs. |
Audit trails are a core requirement for reconciliation in fund management. | |
|
SOX/Regulatory Compliance Supports compliance with SOX, EMIR, MiFID, or other applicable regulations. |
No information available | |
|
Data Retention Policies Configurable storage, archiving, and purging of historical records. |
No information available | |
|
User Activity Monitoring Records and reports on user login, access, and critical activities. |
No information available | |
|
Approval Workflows Configurable escalation and approval for exception resolutions. |
No information available | |
|
Segregation of Duties Enforces control policies to prevent conflict of interest in user role assignments. |
No information available |
Security & Data Protection
(3 Yes /3 Known /6 Possible features)
|
Role-based Access Control Access permissions based on roles and responsibilities. |
Role-based access control is standard and mentioned in materials. | |
|
Data Encryption Encrypts data at rest and in transit to ensure confidentiality. |
Security for data at rest and in transit is a standard for cloud reconciliation providers. | |
|
Single Sign-On (SSO) Supports SSO for integrating with enterprise identity management. |
Enterprise reconciliation software routinely supports SSO; vendor states integration with enterprise identity tools. | |
|
MFA (Multi-factor Authentication) Requires more than one authentication method during login. |
No information available | |
|
Penetration Testing & Vulnerability Scans Routine tests to identify and address security weaknesses. |
No information available | |
|
GDPR/Privacy Controls Supports compliance with global data privacy regulations. |
No information available |
Reporting & Analytics
(7 Yes /7 Known /7 Possible features)
|
Standard & Customizable Reports Both canned and bespoke reports on reconciliation results, exceptions, and break trends. |
Standardized and customizable reporting referenced in product overviews. | |
|
Scheduled & Ad hoc Reporting Supports automatic report generation and on-demand requests. |
Scheduled and ad hoc reporting are referenced as user options. | |
|
Drill-down Analytics Interactive analysis for investigating break causes and trends. |
Drill-down analytics is a stated part of exception and break management tools. | |
|
Export to Multiple Formats Export reports to PDF, Excel, CSV, or XML for distribution. |
Exporting to Excel, CSV, and other formats is standard and supported. | |
|
Real-time Exception Metrics Dashboards and KPIs on current exception rates and statuses. |
Dashboards/KPIs include real-time exception data as described. | |
|
Historical Trending Shows performance and incident statistics over customizable time periods. |
Historical trending available for users in analytics/dashboards. | |
|
Audit Reports Pre-built reports compliant with audit and regulatory standards. |
Audit reports referenced in compliance/audit support materials. |
Workflow Automation & Task Management
(3 Yes /3 Known /6 Possible features)
|
Automated Notifications & Alerts Configurable alerts when exceptions arise or when specific thresholds are met. |
Automatic alerts for exceptions described as a workflow/automation tool. | |
|
Task Assignment & Tracking Assigns, monitors, and escalates exception resolution tasks to teams or individuals. |
Task assignment, notification, and escalation are referenced for exception management. | |
|
Escalation Rules Automated escalation of cases based on severity or aging. |
Escalation routines for unresolved exceptions are referenced in robust exception management. | |
|
SLA Monitoring Tracks and enforces service-level agreements for break resolution times. |
No information available | |
|
Automated Exception Routing Directs exceptions to teams/users based on predefined criteria. |
No information available | |
|
Bulk Workflow Processing Batch processing for similar exception types. |
No information available |
Configurability & Customization
(4 Yes /4 Known /5 Possible features)
|
Custom Data Fields Define new data fields and tracking elements without core code changes. |
Adding custom data fields/tracking is mentioned in product customization documentation. | |
|
Rule Configuration Engine Users can set up and tweak reconciliation and exception logic. |
Rule configuration is a highlighted feature (advanced rules engine). | |
|
Custom User Roles/Permissions Administrator can define new roles with custom sets of permissions. |
Administrators can define custom roles/permissions per product literature. | |
|
Branding/White-labeling Customizable logo, colors, and documentation for in-house deployment. |
Branding/white-label options available to clients and partners. | |
|
Dynamic Workflow Builder Visual workflow editor for developing and adjusting processes. |
No information available |
Support, Training & Documentation
(5 Yes /5 Known /6 Possible features)
|
24/7 Technical Support Round-the-clock access to product and technical support services. |
24/7 technical support is referenced on the vendor website. | |
|
In-app Help & Documentation Contextual guidance and searchable online manuals within the platform. |
In-app help/documentation referenced in support offerings. | |
|
Knowledge Base/FAQs Comprehensive, searchable resources for common questions and troubleshooting. |
A searchable knowledge base is available via the vendor's support channels. | |
|
Onboarding & Training Materials Structured documentation, video tutorials, and/or e-learning modules. |
Training materials (videos, structured onboarding) provided by Fund Recs for Fusion. | |
|
Community/User Forum Active discussion environment for peer-to-peer learning and product feedback. |
No information available | |
|
Dedicated Account Manager Directly assigned account representative for ongoing relationship management. |
Dedicated account management is referenced in service packages for institutional clients. |
Cost & Licensing
(5 Yes /5 Known /5 Possible features)
|
Transparent Pricing Structure Published, clear pricing tiers, including base and additional features. |
Vendor discloses pricing models and tiers clearly on request and online. | |
|
Flexible Licensing Options Purchase by user, by entity, by transaction volume, or as a SaaS subscription. |
Flexible licensing: available as SaaS (by entity, user, or volume) per vendor site. | |
|
No Hidden Fees All costs are clearly disclosed and predictable. |
No hidden fees: vendor lists costs up front and in agreements. | |
|
Trial or Proof-of-Concept Availability Demo or trial environments are available for pilot testing. |
Trials/proof-of-concept are available according to vendor sales motion. | |
|
Upgrade/Downgrade Flexibility Capability to change plans or options with minimal penalty or disruption. |
Easy mid-term upgrade/downgrade and plan option switching referenced in support literature. |
This data was generated by an AI system. Please check
with the supplier. More here
While you are talking to them, please let them know that they need to update their entry.