Recnciling an account means proving or documenting that an account balance is correct.
Reconciliation is a key control to ascertain the integrity of financial statements and their underlying data thereby helps in mitigating financial, operational and counterparty risk.
We have a strong expertise in reconciliations and have developed our in-house Reconciliation On-boarding and assessment frameworks. The frameworks enhance end-to-end Straight-Through-Processing by interconnecting information silos.
We have highly motivated Cross-Functional teams with strong SME knowledge around Cards, Retail, Payments, Asset and Wealth Management. We have the know how and expertise to create business cases, setup shared services, define technology and change organisations.We follow agile methodology, setup DevOps team, document best practices & templates so as to shorten the learning curve & reduce time to operationalise a reconciliation process.
We have strong expertise in the following reconciliations: