Bonaire Software Solutions, LLC, a leading provider of revenue management and business intelligence solutions to investment managers, mutual funds, wealth managers and capital markets firms, will participate in a discussion on reconciliation platforms at the 7th Annual Reconciliations & Exception Management Conference in New York. The panel, hosted by Financial Technologies Forum, will explore advantages and disadvantages of the enterprise-wide approach and feature Bonaire CEO Chris John as a panelist.
The session will discuss:
- Basic requirements for third-party platforms
- How a reconciliation platform can help capital market firms move toward straight-through reconciliation
- How reconciliation platforms help control new securities types, such as executed and cleared OTC instruments
- “Reconciliation as a Service” and outsourcing options
“Reconciliation is a big issue for both buy-side and sell-side firms considering today’s regulatory and auditing landscape. Firms are beginning to recognize the flaws in their current reconciliation management processes and are in search of more efficient methods of calculation,” said John. “These concerns are exactly what led Bonaire to launch our capital markets solution aimed at automating the reconciliation process, trade execution expense calculations and validation and expense allocations for capital markets firms.”