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Duco Reconciliation from Duco
Machine learning-powered reconciliation platform that automates matching, exception management, and reporting. Features include no-code configuration, flexible data intake from any source, intelligent match rules, and enterprise-grade controls for regulatory compliance.
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Reconciliation Solutions for Operations
Systems that automate the matching and reconciliation of transactions across various systems and accounts.
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Core Reconciliation Capability
(12 Yes /12 Known /13 Possible features)
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Automated Matching Engine Ability to automatically match transactions and data records from multiple sources using predefined rules. |
Duco advertises automated, machine learning-powered transaction and data matching from multiple data sources. This satisfies automated matching engine. | |
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Multi-Source Support Capability to handle reconciliation between multiple internal and external data sources. |
Flexibility of intake from any source and the ability to reconcile across multiple feeds confirm multi-source support. | |
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Exception Management Process for identifying, categorizing, and managing exceptions (unmatched or suspicious items). |
Exception management is cited as a core automation function. | |
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Flexible Matching Rules Allows flexible, configurable matching logic (exact, fuzzy, multi-field, etc.). |
Intelligent and flexible match rules (including machine learning-based) are explicitly featured by Duco. | |
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Manual Matching Support Enables users to manually match and resolve outstanding items where auto-match is not possible. |
Duco documentation mentions user interfaces allowing manual matching where automated matching does not resolve an item. | |
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Transaction Volumes Capacity Maximum volume of transactions the solution can process per day. |
No information available | |
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Real-time Reconciliation Supports real-time or intraday reconciliation for time-sensitive operations. |
Supports real-time and intraday reconciliation as part of the operational workflows. | |
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Aggregation of Data Ability to combine, summarize, and group data for efficient reconciliation and reporting. |
Aggregation, grouping, and summarization are included in Duco's reporting and reconciliation functions. | |
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Multi-currency Support Processes and reconciles transactions in multiple currencies. |
Duco supports multi-currency reconciliation. | |
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Historic Data Handling Ability to store and process historical transaction data for back-dated reconciliations. |
Handles historical data for back-dated reconciliations as part of audit and regulatory features. | |
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Partial Match Handling Ability to flag and process partial matches according to defined tolerances. |
Partial match flags and review are core to exception processing. | |
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Tolerance Level Configuration Users can define matching tolerances by value, date, or field. |
Duco advertises tolerance configuration (value, threshold, date) for flexible matching. | |
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Customizable Workflows Workflows and processes can be tailored for different reconciliation scenarios. |
Customizable workflows are standard, enabled through no-code configuration. |
Integration and Connectivity
(8 Yes /8 Known /11 Possible features)
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API Integration RESTful or SOAP APIs for real-time data exchange with internal and external systems. |
Modern REST APIs and connectivity described on vendor site. | |
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Standardized Data Formats Supports industry formats such as SWIFT, ISO 20022, BAI2, CSV, and XML. |
Supports file formats like CSV and XML; site mentions industry format compatibility but does not specify all standards. | |
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Core System Connectivity Direct connection capability with core banking platforms and general ledger systems. |
Integration with core banking and general ledger systems is supported. | |
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Data Import/Export Automation Automated scheduled imports and exports of reconciliation files. |
Data load, import/export, and automation features are cited. | |
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Batch Processing Support Processes large volumes of transactions in batch mode. |
Handles batch data uploads as part of intake automation. | |
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Legacy System Compatibility Supports integration with older banking systems and protocols. |
No information available | |
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Cloud and On-premises Deployment Options Offers both cloud-based and on-premises deployment strategies. |
Duco is offered as SaaS and the vendor supports deployment flexibility, including private cloud. | |
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Third-party Data Feeds Consume data directly from payment networks, clearing houses, and custodians. |
No information available | |
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Automated Data Validation Pre-processes incoming data and flags structural errors or anomalies. |
Duco promotes automated data validation on ingestion to detect format issues and anomalies. | |
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High-frequency Data Ingestion Rate Number of data files that can be ingested per minute. |
No information available | |
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File Format Conversion Supports conversion between different file types and formats for compatibility. |
Ability to accept multiple input and output file formats, including conversion. |
Security and Compliance
(7 Yes /7 Known /10 Possible features)
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Data Encryption End-to-end encryption for data at rest and in transit. |
Describes encryption for data at rest and in transit; 'enterprise grade security.' | |
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User Authentication and SSO Support for secure user authentication and Single Sign-On (SSO) integration. |
Integrates with SSO and secure authentication. | |
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Audit Logging Comprehensive logging of user actions and system changes for audit purposes. |
Maintains audit trails per compliance marketing materials. | |
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Role-Based Access Control Granular access rights and permissions assigned based on user roles. |
Role-based access is standard for audit and compliance controls. | |
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Compliance Standards Support Supports regulatory compliance with standards such as SOX, PCI DSS, GDPR, etc. |
Compliance with SOX, GDPR, and financial services regulations cited by the vendor. | |
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Data Masking Sensitive information is automatically masked from unauthorized users. |
No information available | |
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Data Retention Policies Configurable data retention and archival policies to satisfy regulatory requirements. |
Data retention for audits and regulatory compliance is standard; configurable per policy. | |
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Secure API Access APIs use secure protocols and user authentication for safe data exchange. |
Describes authenticated and secure API traffic. | |
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Fraud Detection Capabilities Built-in monitoring for suspicious or fraudulent patterns during reconciliation. |
No information available | |
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Penetration Testing Frequency Number of external penetration and vulnerability tests performed annually. |
No information available |
User Interface and Usability
(8 Yes /8 Known /11 Possible features)
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Dashboard Customization Users can personalize dashboards with relevant data and metrics. |
Dashboards are customizable as part of the no-code configuration. | |
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Advanced Search and Filtering Powerful search and filtering tools to quickly find transactions or exceptions. |
Powerful search and filtering features are used for exceptions and matches. | |
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Drag and Drop File Upload Simple file upload process using drag-and-drop interface. |
Drag-and-drop file upload in web UI is a cited usability feature. | |
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Bulk Action Support Perform actions (matching, exception handling) on multiple items at once. |
Bulk actions are supported for exception management and status updates. | |
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Activity Notification System In-app or email notifications for key events and user actions. |
In-app and email notifications for workflow events are included. | |
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Accessibility Compliance Interface meets accessibility standards (like WCAG) for disabled users. |
No information available | |
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Multilingual Support User interface available in multiple languages. |
Supports multiple UI languages; localization is referenced. | |
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Mobile Device Accessibility System accessible and functional on mobile devices and tablets. |
Describes responsive interface for tablets and mobile devices. | |
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Concurrent Users Supported Maximum number of users that can use the system simultaneously. |
No information available | |
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Configurable User Roles User interface adapts features and visibility by role. |
User roles are configurable; visibility adapts to access. | |
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Theme and Branding Options Supports customization of appearance to match organization branding. |
No information available |
Reporting and Analytics
(8 Yes /8 Known /10 Possible features)
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Standard Reconciliation Reports Predefined reports covering all core reconciliation activities. |
Standard, automated, and custom reporting available out-of-the-box for reconciliation. | |
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Custom Report Builder Enables users to design custom reports and save templates. |
Custom report builder is described for tailored reporting. | |
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Automated Report Scheduling Automatically generates and distributes reports on a set schedule. |
Report scheduling and automated distribution supported. | |
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Data Visualization Visual dashboards and charts for exception trends, match rates, and more. |
Data visualization (charts, dashboards) is a documented feature. | |
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Drill-down Functionality Allows users to click into summarized results for deeper transaction insights. |
Drill-down capabilities in dashboards enable users to access details from summary metrics. | |
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Historical Trend Analysis Analyzes reconciliation results and exception rates over time. |
Historical analysis and trend reporting is part of audit and analytics suite. | |
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Export Options Reports can be exported in multiple formats (PDF, Excel, CSV, etc.). |
Export of reports in multiple formats enabled through user interface. | |
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Exception Root Cause Analysis Analyzes exceptions to identify recurring root causes. |
No information available | |
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Audit Reporting Provides audit-ready reporting functionality to support regulatory audits. |
Audit-ready reports for compliance and statutory reviews are cited as a key requirement. | |
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Data Retention for Reports How many years reports are retained and accessible in the system. |
No information available |
Exception and Dispute Handling
(6 Yes /6 Known /10 Possible features)
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Exception Workflow Automation Configurable workflows for exception escalation, assignment, and resolution. |
Workflow automation for exceptions is a documented feature described in exception management automation. | |
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Case Management System Dedicated portal to track and resolve exceptions with status updates. |
Case management is present in exception resolution workspaces. | |
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Integration with Communication Tools Ability to communicate with counterparties (internal/external) from within the tool. |
No information available | |
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SLA Tracking Monitors whether exception investigation and resolution times are within SLA. |
No information available | |
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Automated Notifications on Exceptions Automatic alerts to relevant users when exceptions occur. |
Alerts and notifications on exception creation and change are standard in workflows. | |
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Evidence Attachment Ability to add supporting documents for each exception/dispute. |
Users can attach files and evidence to exception records. | |
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Exception Aging Reports Tracks how long exceptions remain unresolved. |
Exception aging, open/close cycle time, and status are all part of the exception reports. | |
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Root Cause and Resolution Capture Captures detailed notes and root cause analysis for exceptions. |
No information available | |
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Bulk Exception Processing Resolution actions can be applied to multiple exceptions simultaneously. |
Bulk processing of exceptions/actions supported, including multi-select and mass status changes. | |
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External Dispute Integration Ability to connect with external systems holding dispute records. |
No information available |
Scalability and Performance
(6 Yes /6 Known /10 Possible features)
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Horizontal Scaling Capability to distribute workloads across multiple servers or cloud nodes. |
Duco is described as cloud-native and auto-scales to accommodate large workloads (horizontal scaling). | |
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Peak Transaction Throughput Maximum number of transactions processed per second during peak loads. |
No information available | |
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Latency Average time taken to complete a standard reconciliation cycle. |
No information available | |
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Concurrent Processes Supports parallel processing of multiple reconciliation tasks. |
System is designed for concurrent, parallel processing in the cloud platform. | |
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Zero-downtime Upgrades Upgrades and patches can be applied with no operational interruption. |
Cloud/SaaS upgrades do not interrupt daily operations, providing a zero-downtime maintenance experience. | |
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Transaction Archive Capacity Maximum number of historical transactions held in online storage. |
No information available | |
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Global Deployment Support System supports multi-region or global operations from a single instance. |
Global banks run Duco in multiple regions through a single platform instance. | |
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Performance Monitoring Tools Built-in dashboards to monitor and alert for performance or capacity issues. |
Performance monitoring dashboards and capacity alerts are part of the SaaS operations suite. | |
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Elastic Resource Allocation Resources can be scaled up/down automatically based on load. |
Describes elastic scaling of resources based on demand. | |
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Disaster Recovery RPO/RTO Recovery point objective (RPO) and recovery time objective (RTO) values for disaster recovery. |
No information available |
Configurability and Customization
(7 Yes /7 Known /10 Possible features)
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User-defined Fields Add custom data fields to records as required by business processes. |
Users can define custom fields for business records and workflows (no-code configuration). | |
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Rule Builder Interface Non-technical users can create/modify matching rules with a drag-and-drop tool. |
No-code drag-and-drop configuration for matching rules is a headline feature. | |
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Flexible Workflow Designer Customizable process flows for different product lines or regulatory environments. |
Flexible workflow designer and configuration from the UI. | |
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Localization Options Adapts dates, currency formats, and language to different jurisdictions. |
Localization for language, currency, and jurisdiction is available. | |
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Policy-driven Controls Business logic and workflows enforced by configurable company policies. |
Policy-driven controls and configurable rules are a key theme of Duco's no-code promise. | |
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Plug-in Extension Framework Ability to extend core modules with plug-ins for bespoke needs. |
No information available | |
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White-labelling Branded interface and URLs for different regions or business units. |
. | No information available |
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Versioning and Change Tracking All configuration changes are tracked and can be rolled back. |
. | No information available |
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Importable Rule and Workflow Templates Allows import/export of rules or workflows from other environments. |
Import and export of configuration templates mentioned in documentation for SaaS environments. | |
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User-defined Alerts Users can configure custom alerts for specific events or thresholds. |
Users can set up custom alerts and notifications for system events and data thresholds. |
Audit and Traceability
(5 Yes /5 Known /10 Possible features)
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Full Change History Captures all data edits, with metadata (who, when, what). |
No information available | |
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Transaction Drillback Can trace reports and exceptions back to underlying transaction data. |
Traceability to original transactions is a requirement for audit and dispute management. | |
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Digital Signatures Enforces digital signatures for approvals and manual interventions. |
No information available | |
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Audit Data Export Allows secure export of audit logs for compliance review. |
Export of logs for audit reviews is referenced in compliance features. | |
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Tamper-evidence Any unauthorized change attempt is detected and flagged. |
No information available | |
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Audit Trail Retention Period Duration audit logs are stored and available for review. |
No information available | |
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Automated Reconciliation Certification Generates certification reports for periodic reconciliation audits. |
Automatic certification and reporting for audit processes cited in regulatory workflow automations. | |
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Role Separation Enforcement Ensures critical reconciliation and approval functions have separation of duties. |
Role separation and permissions management form part of the multi-tiered access and compliance controls. | |
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User Access Review Tools Tools to support periodic review of system access permissions. |
User access reviews and permission management cited in compliance features. | |
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Regulatory Audit Mode Special mode for supporting regulatory inspections of the system. |
No information available |
Support and Vendor Services
(8 Yes /8 Known /10 Possible features)
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24/7 Support Availability Global support available round-the-clock across regions. |
Duco support operates globally and round-the-clock for enterprise SaaS customers. | |
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Dedicated Technical Account Manager Named point-of-contact for ongoing support and escalation. |
Large banking clients have dedicated account managers as part of enterprise agreements. | |
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Implementation and Migration Assistance Professional services to onboard, migrate, and configure the product. |
Professional onboarding, migration, and configuration services are available. | |
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User Training Programs Structured onboarding and training for system users and administrators. |
Vendor provides user training and structured onboarding. | |
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Online Documentation Portal Comprehensive and searchable product documentation library. |
Online, searchable documentation and knowledge base are available. | |
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Community Forum Access Peer support forums and knowledge base access. |
Active user and knowledge-sharing community exists for product support. | |
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Solution Health Checks Periodic proactive system reviews and health assessments. |
System health assessments and regular checks are part of the managed SaaS offering. | |
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Upgrade and Patch Management Regular, managed updates and security patch deployment. |
Upgrade and patch management handled as part of SaaS delivered infrastructure. | |
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Incident Response SLA Guaranteed time to respond to high-severity incidents. |
No information available | |
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Custom Enhancements Service Availability of custom development services for bespoke features. |
No information available |
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.
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