Automate ISDA CRIF Reconciliation
Fund Recs automates ISDA CRIF (Common Risk Interchange Format) reconciliation, ensuring consistency and accuracy of risk data exchanged between counterparties under uncleared margin rules. The platform standardises CRIF files, validates key data fields, and highlights discrepancies instantly — helping firms stay compliant, reduce operational risk, and gain full transparency over margin calculations.
For the Analysts
Automated CRIF file matching
Reconcile CRIF data exchanged with counterparties, including sensitivities, risk factors, and portfolio identifiers.
Flexible field-level matching
Apply configurable rules across key CRIF elements — product type, currency, risk type, qualifier, and amount — to identify real differences quickly.
Multi-counterparty support
Manage reconciliation across multiple trading partners, clearing brokers, or custodians from a single platform.
For Stakeholders & Oversight
Exception dashboards
Gain a real-time view of unmatched or out-of-tolerance CRIF records. Filter by counterparty, portfolio, or risk type and track resolution progress.
Audit-ready transparency
Generate oversight and compliance reports automatically, with full traceability of every adjustment or resolution.
How It Works
Data ingestion and standardisation
Fund Recs ingests CRIF files in XML, CSV, or other formats from both internal systems and counterparties, converting them into a common structure for comparison.
Rule-based reconciliation
Match CRIF records across counterparties at a granular level — from risk type and currency to delta, vega, and notional sensitivities.
Exception management
Investigate, assign, and resolve differences within an integrated dashboard. Every action is tracked with timestamps for complete audit control.
Scalable performance
Handle large CRIF files efficiently, enabling daily reconciliation across portfolios with thousands of records.
Why ISDA CRIF Reconciliation Matters
Accurate CRIF reconciliation is essential for compliance with uncleared margin rules and for maintaining confidence in margin and exposure calculations. Differences in CRIF data between counterparties can lead to disputes, margin shortfalls, and regulatory breaches. Fund Recs automates the process, reducing manual intervention, improving accuracy, and ensuring CRIF data is complete, aligned, and fully compliant.
