Directory · Middle and back office
Reconciliation
60 products carry this category. Categories are tags, so several of these also appear elsewhere.
What is meant by Reconciliation?
Automated comparison of the firm's records against someone else's — a custodian, a prime broker, an administrator — to find positions, cash balances and transactions that disagree, and to route each break to whoever can resolve it.
Who uses Reconciliation?
Operations, daily, usually first thing.
What gets confused with Reconciliation?
Data management, which is about the quality and lineage of data generally. Reconciliation is specifically about two parties' records of the same thing disagreeing.
What should you ask a vendor about Reconciliation?
Ask what proportion of breaks the system closes without a person, on data like yours. Match rates quoted without a data description mean nothing.
This definition is Buyside Fintech’s own editorial work, not a vendor’s. The products listed below carry the sources we read.
Reconciliation products
60 PRODUCTS
SynergyAccessFintechPost-trade data collaboration network that connects counterparties and workflows across asset classes for settlement exception management.ALTO InvestmentAmundi TechnologyA front-to-back platform for asset managers and asset owners covering portfolio construction and analysis, order management and execution, embedded investment guidelines and pre- and post-trade controls, market and liquidity risk, instrument and benchmark data, and operations through to corporate actions, reconciliations and NAV control.Limina IMSArcesiumCloud-native portfolio and order management that runs compliance checks at order creation with breach approval workflows; Limina became part of Arcesium in February 2026.OpterraArcesiumPost-trade and investment operations platform covering unified accounting, allocations, reconciliations and treasury; paired with Limina for front-to-back.AutoRekAutoRekFinancial control platform combining reconciliation, data oversight and regulatory assurance, with an AI engine branded ARIA.pControlBNYFund accounting automation and oversight platform, originally Milestone Group, aimed at firms that outsource accounting and want to control the record.Reconciliation & MatchingBroadridge Financial SolutionsReconciliation and matching sold inside Broadridge's middle and back office suite; a competitor's comparison page calls the product BRx Match, which I could not confirm on Broadridge's own site.CarusoCarusoAI-native fund administration software for private markets whose reconciliation matches bank deposits to outstanding capital calls and flags partial matches.Citco Fund AdministrationCitcoIndependent administrator for hedge funds, funds of funds, private equity and private credit, covering accounting, investor relations, independent pricing, middle office and treasury.Clearwater CompassClearwater AnalyticsAnnounced 3 June 2026, it applies AI to investment accounting operations; the first two capabilities are Smart Suspense, which matches and categorises unapplied cash, and Recon Transparency, which shows clients the reconciliation breaks Clearwater is working on their behalf.Clearwater Investment Accounting PlatformClearwater AnalyticsDaily multi-basis, multi-currency accounting book of record producing GAAP, STAT, IFRS and tax bases at once, with NAV and stakeholder reporting.Clearwater Investment IntelligenceClearwater AnalyticsAggregates, reconciles and validates investment data daily as a managed service; the company now trades as CWAN and went private in June 2026.Clearwater Risk & PerformanceClearwater AnalyticsCloud performance and risk analytics delivered as a managed service on top of Clearwater's investment accounting book of record; Enfusion is now sold as Enfusion by Clearwater.Operations ConciergeCoremontA managed service that runs the trade lifecycle on Coremont's investment book of record, covering trade capture, affirmation, reconciliation and downstream processing for managers who do not staff those functions themselves.Middle Office ServicesCSC (Corporation Service Company)Outsourced trade settlement, confirms and OTC verification, collateral management, P&L and cash reconciliation for fund clients.DucoDuco TechnologyNo-code, cloud-native platform where operations staff build their own reconciliations, plus data extraction and exception management.EllisEllisSits above a private credit manager's fund administrator, general ledger, loan and bank systems, reconciles them into one book with every figure traceable to its source, and runs agents across close, LP reporting and portfolio monitoring.Outsourced Investment OperationsEmpaxisOutsourced middle and back office operations, systems integration and automation for investment managers and technology providers.FIS Data Integrity ManagerFISSWIFT-accredited reconciliation platform, formerly sold as IntelliMatch, that tracks reconciliation inventory and uses machine learning to speed matching.FIS Post Trade Processing PlatformFISCloud post-trade platform covering settlement, middle office, accounting, corporate actions and collateral across securities, derivatives and tokenized assets; this is the former Torstone Technology platform, whose site now redirects to FIS.Fund RecsFund RecsNo-code platform used by fund administrators and asset managers to connect, normalise and reconcile fund operations data.FundGuardFundGuardCloud-native real-time accounting engine that runs IBOR, fund accounting/ABOR and private markets portfolio accounting on one system; raised a $40M Series B in 2022.GenieAIGenieAIConnects an existing stack of administrators, custodians, OMS and accounting systems into one operational layer and runs no-code agent workflows over it for shadow NAV oversight, reconciliation, corporate actions, reporting and share class analysis.GrathGrathNewer reconciliation platform built specifically for client money, client asset and safeguarding reconciliations; its site states it has joined AutoRek.Control CloudGresham TechnologiesCloud platform that matches financial data across systems and runs exception and investigation workflows for back-office operations.ElectraGresham TechnologiesLong-standing buy-side reconciliation brand; electrainfo.com now redirects to a Gresham page, so the product name and current scope could not be read on a live page.Prime EDMGresham TechnologiesEnterprise data management for pricing and reference data that names corporate actions as a core use case; Gresham also sells Control Cloud, Connect Cloud, Pulse Data and Opus EDM.Gyre HubGyre ResearchPortfolio analytics platform covering portfolio management and construction, back testing, performance, risk, compliance, reconciliation, portfolio accounting, ESG and tax.Hanover ParkHanover ParkAI-native fund administration platform that continuously three-way matches bank feeds, source documents and the general ledger, claiming 90 percent of cash auto-reconciled.HedgeGuardHedgeGuardCombined PMS, OMS, risk and reconciliation for hedge funds, handling traditional and digital assets on one book of record.Outsourced Middle Office ServicesIQ-EQTrade capture, shadow books, reconciliation, cash and collateral management run inside the client's own OMS/PMS rather than a proprietary platform.Admin Oversight AgentJuniper SquareAI agent that reviews each fund administration close pack and flags errors and inconsistencies before financial statements reach investors.Linedata Navquest NAV OversightLinedataIndependent NAV oversight with more than 70 configurable controls that check an internally or administrator-produced NAV before it is struck.Linedata ReconciliationLinedataOutsourced reconciliation of positions, cash, transactions and P&L for hedge funds, private equity and private credit, with machine learning that suggests break causes and next steps.Middle and Back Office ServicesLinedata24x7 outsourced trade processing, reconciliation, fund accounting and NAV, corporate actions and financial statements for traditional and alternative managers.OTTOMG StoverSoftware that automates digital asset reconciliation and reporting for fund administrators and private funds.NeoXam AgentsNeoXamA platform for building, running and supervising AI agents across NeoXam's investment operations software, launched on 24 June 2026 with agents for reconciliation breaks, compliance alert triage, data setup and report generation, and general availability set for September 2026.NeoXam AroNeoXamLow-code reconciliation platform for trades, cash, bank accounts and NAV validation, built on the EZOPS technology NeoXam acquired in December 2024.Nirvana ONENirvana SolutionsIntegrated trading, portfolio management, accounting and analytics on one codebase for hedge funds, asset managers and family offices.Nirvana PMS & AccountingNirvana SolutionsIntegrated portfolio management and accounting with real-time IBOR and automated reconciliation, sold to institutional asset managers; the site cites 15+ years.NomerraNomerraAI agent platform for private-markets asset servicers and managers that processes fund documents, moves data between systems, performs cash reconciliation and prepares payments.ReconAIOnCorpsAgents that identify reconciliation breaks, investigate the cause and propose or apply a resolution, covering position, cash, performance and trade confirmation reconciliation and NAV oversight.PerfonaOpEff TechnologiesCloud-native accounting and investor management system with automated daily trade reconciliation, used to run the vendor's own fund administration service.Outsourced Middle Office and COO ServicesOSMO PartnersBoutique outsourced middle office and outsourced COO support for hedge funds and long-only managers, including emerging firms.OSTTRA Trade Processing (MarkitServ)OSTTRAAutomates trade processing, messaging and matching to confirm, allocate, clear and report trades; built from the MarkitServ, Traiana, TriOptima and Reset businesses.OSTTRA triResolve MarginOSTTRAAutomated margin call calculation, dispute resolution and settlement across bilateral OTC, cleared, repo and exchange-traded derivatives; the former TriOptima service.CollateralConnectPirum SystemsSecurities finance automation hub whose CollateralConnect module handles exposure, margin and collateral across the securities lending and repo lifecycle.PortfolioShopPortfolioShopThird-party multi-asset reporting system offered through StoneX prime services for daily reconciliation and real-time asset valuation across prime broker accounts.RidgelineRidgelineCloud platform with order management, electronic trading, compliance, accounting and client reporting in one system; recently rebranded from ridgelineapps.com to ridgeline.ai.Investment Operations OutsourcingSEIFull middle-office platform covering trade support, investment accounting, performance and risk, client reporting and billing.Smart ActionsSmartStream TechnologiesCorporate actions processing module inside SmartStream's post-trade product family alongside Smart Reconciliations, Smart Collateral and Smart Fees.Smart ReconciliationsSmartStream TechnologiesHigh-volume reconciliation and exception management for cash, securities and settlements, with an AI layer the vendor calls Air.SS&C Middle Office ServicesSS&C TechnologiesOutsourced middle-office service covering trade capture, reconciliation and portfolio valuation for asset managers, hedge funds and private markets firms.Investment Operations Outsourcing (BluePrint)STP Investment ServicesEnd-to-end middle and back office operations and trading services on its proprietary BluePrint platform.Versana Digital Data PlatformVersanaTakes loan agent data for broadly syndicated loans and private credit directly from administrative agents and publishes it to lenders in real time, with a reconciliation module on top.i-RecsWatson Wheatley Financial SystemsReconciles positions, balances, trades, cash flows and P&L for hedge funds and commodity traders, and claims full margin-account reconciliation for listed and OTC derivatives.WydenWydenEnd-to-end OEMS for institutional digital assets with smart order routing across 65+ exchanges, brokers and OTC desks, plus treasury and reconciliation.XceptorXceptorData automation platform that ingests, transforms, normalises and validates data across post-trade workflows including reconciliations and tax.Xceptor ConfirmationsXceptorAutomates confirmation generation, counterparty chasing, AI extraction from unstructured confirmation documents and matching of booked trades against the broker version.Xceptor ReconciliationsXceptorAutomates reconciliation over structured and unstructured inputs such as PDFs and broker statements, with smart matching and exception routing.