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From industry insights and best practices to the latest technologies, compliance standards, and ReconArt platform updates, we bring it all to you – short and informative
In my last blog post, I noted that many organizations are choosing to invest in their system solution portfolios. I outlined some rules to help guide you to a “modern”...
Introducing ReconArt to a prospective client for the first time is always an exciting experience. No matter whether we are talking to a multi-billion dollar bank considering hundreds of users...
There is something of a change afoot. We are on a wave that has many businesses looking to reinvest in their systems and processes. This interest is especially true in...
A detailed knowledge of reconciliation processes in bank and financial institutions (FIs) is a core competency at ReconArt, yet it never ceases to amaze us how every client’s focus is...
The United Kingdom’s Financial Conduct Authority (FCA) regulation PS14/9 related to custody assets and client money has a backstop for implementation of 1 June 2015. Compliance with the rules in...
When you hear those letters, SEC, what comes to mind? To some it’s the call sign of a superhero tasked with protecting the American people from fraud and keeping Wall...
You know there are problems with your current manual reconciliation process. It’s not efficient – there are way too many people ‘ticking and tying’ when they could be doing so...
Far reaching new rules introduced by the United Kingdom’s Financial Conduct Authority (FCA) with respect to customers’ monies and assets have been encompassed under policy statement 14/9 (http://www.fca.org.uk/static/documents/policy-statements/ps14-09.pdf). These rules...
It is crucially important that all organizations, which rightly seek financial stability and control, pay careful attention to the need to deploy a robust reconciliation software. The results of failing...
Risk Mitigation Techniques such as Portfolio Reconciliation for uncleared trades must be applied by firms as described in article 13 of the EMIR regulation. Depending your exact business this can...
