Electra Releases Dynamic Snapshot for Reconciliation

New function automates re-reconciliation.

Todd Sloan, senior vice president at Electra, says

Dynamic Snapshot finds back-dated transactions and applies them to the previous period's reconciliation. This allows late-reported items to be automatically integrated into the reconciliation record, therefore ensuring asset value calculations are accurate.

"It is vital that hedge funds strike an accurate net asset value (NAV), since fees are based on performance," Todd Sloan, senior vice president at Electra, tells Buy-Side Technology. "It is common for prime brokers to provide new transaction

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: