Electra Data

For reconciliation professionals, delays and format changes – and myriad other issues – associated with data acquisition cost both time and money. Electra Data, an automated, high quality data acquisition service, is the answer to these problems.

Electra Data, previously titled RecCollect, is a complete source for accurate, reliable data that provides consolidated securities, cash position and transaction information from more than 500 global custodians, brokers, sub-advisors and counterparties. The solution is a comprehensive service that supports every aspect of your data business, further reducing manual processes and the associated cost and risk.

Electra Data collects information from all of your sources, at any frequency, regardless of format and protocol – including any and all asset types. Additionally, consolidation, reformatting, normalizing and enriching the data can be completed through the enhanced version of Electra Data which is delivered over a secure network. The solution also allows investment managers to outsource many of the activities associated with reconciliation to a specialist supplier. With Electra Reconciliation, Electra Data provides a seamless solution for automating the investment manager to custodian reconciliation process.

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Tags:
reconciliation data acquisition and transformation data aggregation

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