Reconcile:

Forwards Reconciliation

Match forwards using intelligent automation

Custom matching and tolerances
Set matching logic across legs, notionals, currencies, strike prices, and spreads. Combine multiple fields to get clean, auto-matched records.

Support for forwards, options, swaps
Reconcile across complex derivatives, matching by contract size, coupon, maturity, and more.

Global mappings for mismatched identifiers
Enable auto-match even when different systems use different security IDs or naming conventions.

For Stakeholders & Managers

Clear exception dashboards
Review outstanding breaks, drill into the detail, and assign responsibility with built-in workflows.

Automated reporting & MIS
Generate reports for clients, oversight teams or auditors — including efficiency and automation metrics.

How It Works

Ingest any format
Upload raw forward trade files — PDF, CSV, XML, SWIFT, etc. The system normalises and transforms them.

Rule-based matching
Apply match rules across multiple fields (e.g. notional, strike, currency, counterparty). Anything outside tolerance becomes a break.

Break review & resolution tools
Review, comment, override matches — all tracked with audit log.

Scalable & fast
Process large volumes daily. Automatch high proportions and spotlight material discrepancies.

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Forwards Reconciliation

Accurate, Automated Forwards Reconciliation

Fund Recs simplifies forwards reconciliation across administrators, custodians, prime brokers, and internal systems. The platform automatically compares data between sources, instantly highlighting breaks and discrepancies. With real-time visibility, clear exception reporting, and no manual checking, teams gain confidence that every position is accurate, verified, and ready for review.

Problem

The Forwards Reconciliation Challenge

Forwards reconciliation is time-consuming and error-prone. Data arrives from multiple sources in different formats, forcing teams to rely on spreadsheets and manual checks. Missed breaks can delay reporting, increase risk, and damage client confidence.

Solution

How Fund Recs Helps

Fund Recs automates forwards reconciliation from end to end. The platform connects directly to administrators, custodians, and prime brokers, standardising data and running daily checks automatically. Breaks are identified instantly, giving teams full transparency, faster resolution, and confidence in every position.

Benefits

Why It Matters

Forward contracts often embed complexity across multiple dimensions. Mis-match in any field > notional, pricing, currency, maturity > can lead to NAV distortions, valuation risk, or regulatory exposure. With Fund Recs’ automation, you gain consistent accuracy, faster turnaround, and full oversight of your derivative reconciliations.

Confirm Forwards

Confirms FX holdings and valuations are accurate across all sources

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 Forwards Recs gives teams the confidence and time to focus on investigation rather than data matching.

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