Reconcile:

Accrued Interest Reconciliation

For the Analysts

Automated matching across sources
Reconcile accrued interest between fund accounting records, custodian data, and administrator files - all in one place.

Flexible rules and tolerances
Set custom tolerance levels by instrument type, currency, or interest rate to catch only meaningful breaks.

Support for all asset types
Handle fixed income, derivatives, and money market instruments with configurable matching logic.

For Stakeholders & Oversight

Clear exception dashboards
Get real-time visibility of breaks. Filter by fund, asset class, or counterparty and track resolution progress.

Audit-ready reporting
Generate automated reports for oversight, internal audit, or client review with full traceability of every adjustment.

How It Works

Data ingestion and transformation
Fund Recs reads data in any format — CSV, XML, SWIFT, or API — and standardises it for accurate comparison.

Rule-driven reconciliation
Match interest amounts, coupon rates, payment frequencies, and accrual dates across sources. Exceptions are flagged automatically.

Break management
Review and comment on exceptions within a single dashboard — with every action tracked for audit.

High-volume processing
Automate reconciliations across thousands of positions daily, with results available in seconds.

Why Accrued Interest Reconciliation Matters

Accrued interest impacts daily NAVs, income distribution, and investor reporting. Even small mismatches between systems can lead to valuation errors, compliance issues, or client queries. Fund Recs automates this critical process, ensuring accuracy, transparency, and control — giving your team confidence in every figure.

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Accrued Interest Reconciliation

Accurate, Automated Accrued Interest Reconciliation

The Fund Recs Accrued Interest solution automates the reconciliation of interest across fund accounting, custody, and administrator data. It captures and standardises files from multiple sources, applies rule-based matching, and instantly flags any differences in amounts, rates, or accrual periods. With configurable tolerances and real-time exception reporting, teams can quickly identify genuine breaks, reduce manual checking, and ensure every accrual is accurate, traceable, and ready for review.

Problem

The Accrued Interest Reconciliation Challenge

Accrued interest reconciliation is often slow and error-prone. Data arrives from multiple systems in different formats, with small timing or rate differences creating large downstream impacts. Manual checks struggle to keep pace, especially across high volumes of fixed income and derivative positions. Missed breaks can lead to misstated income, NAV errors, and time-consuming investigations that delay reporting and increase operational risk.

Solution

How Fund Recs Helps

Fund Recs automates the entire accrued interest reconciliation process. The platform ingests data from all sources, standardises formats, and applies rule-based matching to identify discrepancies instantly. Exceptions are clearly flagged with full audit trails, allowing teams to focus on review instead of manual checking. By removing complexity and automating controls, Fund Recs delivers faster reconciliations, fewer errors, and complete confidence in reported interest values.

Benefits

Why It Matters

Accurate accrued interest reconciliation is essential for reliable fund valuation and investor reporting. Even minor mismatches can distort income figures and trigger costly investigations. By automating this process, Fund Recs helps firms maintain data integrity, meet regulatory expectations, and ensure every fund’s income is complete and correct. It strengthens oversight, reduces operational risk, and builds confidence in every reported number.

Confirm Accrued Interest

Ensure every fund’s income is complete and correct

Exception Based Review

Frees teams to focus on investigation, not data matching

Audit-Ready Evidence Packs

Strengthen audit readiness with evidence packs - reconciliations, exceptions, approvals.

Any Data Source, Any Format

Scales easily across multiple funds, systems, and providers

See Fund Recs in Action

Explore how our Accrued Interest Recs gives teams the confidence and time to focus on investigation rather than data matching.

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