A leading global professional services firm providing a broad range of risk, retirement and health solutions
End-to-end automation of reconciliation process incl.:
- Statement download from multiple sources
- Audit trail maintenance of inputs used in reconciliation
- Daily reconciliation plans
- Discrepancy Flagging
- Ability to make manual intervention , if required.
- Auto generation of Reconciliation statement for client delivery
- Information consolidation :Daily Download of 300+ files from various sources
- Configuration Mgmt.: Ability to on-board new Trust , clients & accounts
- Maintaining Point in time snapshots for trace backs
- User Worklist: For work distribution & Mgmt.
- Reports: Control & Monitoring reports for process status mapping
- Cost Saving through reduction of manual effort
- Improved accuracy
- Reduce exposure and risk - Moving from monthly to daily reconciliation and complete audit trailing