Reconciliation Technology Vendor Review: The Sell-Side Edition

Sell-side firms are asking their vendors to significantly improve their solutions and services to meet ongoing pressures.

London, December 17, 2019 – The sell-side community has long been a client of reconciliation technology vendors, and as bank and broker requirements for data control and support have increased over the last decade, so has the functionality these vendors provide for nonstandard data and intersystem reconciliation. Gone are the days when reconciliation technology was solely applied to the task of reconciling cash accounts; now, it can serve a whole host of functions.

Using the Aite Matrix, a proprietary Aite Group vendor assessment framework, this Impact Report evaluates the overall competitive position of nine vendors, focusing on vendor stability, client strength, product features, and client services. This report profiles Broadridge, Duco, FIS, Fiserv, Gresham, Infosys, Intellect Design Arena, SmartStream, and Torstone Technology.

This 88-page Impact Report contains 40 figures and 11 tables. Clients of Aite Group’s Institutional Securities & Investments service can download this report, the corresponding charts, and the Executive Impact Deck.

This report mentions Accenture, AutoRek, Blackline, Capgemini, Cognizant, Deloitte, Differentis, DXC Technology, Echelon Global, EY, Genpact, HCL Technologies, KPMG, Luxoft, PricewaterhouseCoopers, ReconArt, Syntel, Tata Consultancy Services, TechPartners, TechSavvy Global, Wipro, and Xceptor.

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