Sapient Introduces Module for Reconciliation on CMRS Platform
RegRecon offers accurate regulatory reporting and can also be used as a standalone service
"Typically, most of the activities happen after you reported, because firms find a lot of issues on the data when they do the managing," says Karur. "RegRecon helps resolve these issues through an automated matching and reconciliation engine."
The feature is designed to provide two-way reconciliation. Clients get the ability to reconcile between their source system within an organization and what is there in their trade depositary. Also they can reconcile between their version of the report and
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