Recon Express
Fully-customizable, streamline tool that allows buyside clients to automatically match and reconcile trades and commissions with their brokers.
Benefits:
- Independent broker and conflict-free third-parties combine and match buy-side trades with their sell-side/broker counterparties.
- A centralized system and multi-broker capability offers the convenience to capture and reconcile requisite data points from all involved parties.
- A streamlined single point of access for trade matching and exception reporting allows for the easy identification of potential discrepancies.
- The module integrates with Investars Insight Pay Express & Commission Tracker modules, allowing clients to seamlessly incorporate commission reconciliations and payment processes into a single web-based system.
- With the Recon Express Set-up Process, it enables clients to standardize internal terminology into common terminology and to match counterparty trades.