Financial Service Reconciliation

The Financial Services industry experiences reconciliation needs in almost every aspect of its operations; from Trade Execution to Settlement, including areas in Order Management, Trade Adjustments, Trade Allocations, Intra-company Reconciliations and operational break resolutions. Companies today face daily business challenges of controlling cost, increasing productivity and reducing of risk. Reconciliation Services can support these three objectives by reducing errors, automating manual processes, and eliminating redundant processes.

Our approach to Financial Services reconciliation projects centers on leveraging Ascend’s deep financial services reconciliation knowledge and Catapult methodology, and creating a solution to current business challenges. This includes integrating business process, technology and corporate compliance to provide the best solution for our client’s individual reconciliation needs.  This approach allows Ascend to incorporate multiple process components, and provide a customized reconciliation solution:

• Business Process Review and Analysis
• Reconciliation Process Redesign and Gap Analysis
• Technology Design and Vendor Analysis
• Process and Technology Development and Implementation