Floor 41, 2 Grand Central Tower, 140 East 45th Street, New York, NY, United States
Reconciliation software for the Funds Industry
Fund Recs was founded in 2013 when the company founders were approached by a large bank to develop a new reconciliation platform for it's Fund Administration unit. With over 25 years operational and technology experience between them the team are building a platform to transform how data is managed, processed and leveraged by the Funds Industry.
Fund Recs recently launched Velocity platform for Fund Administrators empowers Administrators to process valuations faster and with increased oversight. In 2019 Fund Recs launched Fusion to give users back control of their data with an easy to use no-code solution.
Taking the latest technology and approaches from the best loved consumer software applications, the Fund Recs team are combining consumer user experience and interfaces with enterprise accuracy, security and availability.
The team at Fund Recs believes that the software we use in day-to-day business activities should be as well designed and easy to use as the consumer applications we enjoy every day in our personal life.
By combining ease of use with powerful processing, flexible data import and key Industry knowledge we have set out on our mission towards developing the most efficient, powerful and cost effective reconciliation and data transformation software available.
Receive data Automatically process all file types including XLS, CSV, SWIFT, PDF, TXT, XML, DAT and more... Recieve files via SFTP, FTP, API (available soon), email or manual upload. Transform Use our visual tool and natural language rules to transform, combine and enrich your data. Replicate all the functionality that you use in Excel. Filter,......
Modules: Cash reconciliation Reconcile cash on a daily, weekly, monthly or on demand basis. Upload multiple data sources on both broker/custodian and internal side. Track aged items and identify basis point impact of breaks. Trade capture Use our ETL tool to extract, transform and load trade files to your portfolio accounting system. You can......