18 October 2017
visit www.response.ncr.com

SS&C reports Recon contract win

05 April 2011  |  1933 views  |  0 Source: SS&C

SS&C Technologies (Nasdaq:SSNC), a global provider of investment and financial software-enabled services and software, today announced that a US-based independent broker-dealer has selected SS&C's Recon to automate its synthetic position reconciliation process on an enterprise level, with plans to process hundreds of thousands of transactions per day.

The broker-dealer required a reconciliation solution that could replace the current system and offer pinpoint performance analysis between any two dates. After an extensive evaluation process, the client chose SS&C's Recon because of its proven ability to handle high transaction volumes, .Net technology platform, and flexible workflow capable of real-time updating of tertiary systems for improved accounting and reporting.

"SS&C's Recon enables financial services firms of all types a superior and scalable reconciliation solution," said Bill Stone, Chairman and Chief Executive Officer, SS&C Technologies. "By further automating the enterprise reconciliation process, Recon can help financial services firms minimize costs, focus on exceptions and provide better transparency to improve their business."

Recon is a leading scalable, enterprise-wide reconciliation solution for investment managers, broker-dealers, hedge funds, insurance companies, banks and other financial institutions.

 

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.innotribe.comRegister now

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15303 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8484 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
7993 views 0 | 7 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7493 views comments | 13 tweets | 8 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6622 views comments | 8 tweets | 16 linkedin

Featured job

Competitive base, double ote, benefits
London, UK

Find your next job