Price Reconciliation

Automate Price Reconciliation

Fund Recs automates price reconciliation by comparing official prices against one or more independent sources. The platform standardises inputs, applies tolerance checks, and highlights discrepancies instantly - giving teams confidence that valuations are accurate, consistent, and independently validated.

For the Analysts

• Multi-source price comparison
  Reconcile prices from administrators or pricing vendors against independent market data sources in a single workflow.

• Configurable tolerances
  Set variance thresholds by asset type, instrument, or fund to focus on material price differences.

• Broad asset coverage
  Supports equities, bonds, derivatives, structured products, and private instruments.

For Oversight Teams

• Exception dashboards
  View price differences by fund, asset class, or source. Quickly identify outliers and trends.

• Audit-ready reporting
  Generate clear reports showing primary prices, independent comparisons, variances, and review commentary.

How It Works

• Data ingestion and standardisation
  Load prices from administrators, custodians, pricing vendors, and independent data providers in any format. Fund Recs normalises all prices for comparison.

• Price reconciliation engine
  Compare each price against one or more independent sources. Flag differences outside defined tolerances automatically.

• Exception management
  Assign, comment, and resolve price breaks directly in the platform. Every action is logged for audit.

• Daily automation
  Run price checks daily or per valuation cycle with results available in minutes.

Why Price Reconciliation Matters

Independent price validation is a core control for valuation accuracy and regulatory oversight. Differences between primary and independent prices can signal stale data, incorrect sourcing, or valuation risk. Automating this process improves accuracy, reduces manual effort, and ensures prices used in NAVs and reporting are independently verified.