AMX automates Emir Reconciliations with Fund Recs
Fund Recs today announced that The Asset Management Exchange (“AMX”), the Ireland based 3rd Party Management Company, has chosen the Fund Recs Velocity platform to automate EMIR reconciliations.
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Fund Recs’ EMIR reconciliation module supports the oversight requirements for fund managers to ensure that all trade data reported for EMIR is complete, accurate and timely.
Eoin Motherway, Ireland Country Head of AMX said “AMX is delighted to partner with Fund Recs in the continuing digitisation of our industry. Their agile solution matches our needs and they are a valued service partner in the AMXConnect Store, which we also invite other industry colleagues to peruse”
Fund Recs CEO, Alan Meaney, said: “We are really excited to be working with AMX to support their EMIR oversight obligations. Oversight of the EMIR trade reporting process is a key focus for firms and we are continuing to invest heavily in our solution to ensure our client’s oversight obligations are met with ease.”