Reconciliation
FA Operations lets you reconcile position and cash account data stored in FA with the data you receive from external sources, for example, from your custodian or a bank.
Set up data sources. Set up FA Operations to receive reconciliation data from external sources. You can use multiple data sources for reconciliation, for example, if you reconcile positions and cash accounts, or if you receive position information from different custodians.
Fetch reconciliation data in FA Operations. Fetch the data from you custodian.
View reconciliations. View reconciled positions and cash accounts.
Assign mismatches for further investigation.
Fix a mismatch. You can fix a mismatch in the following ways:
Correct the system data so that it matches external data.
Have the mismatch corrected by your counterparty.
Mark a mismatch as solved in case this is a known issue that you don't need to fix.
Close reconciliations with known mismatches if needed.
Download reconciliation reports for the whole reconciliation or for a chosen item.
Reconciliation flow in FA Operations
A reconciliation in FA Operations can have the following statuses:
Open – The reconciliation data is received, and there are some mismatches.
Finished – The reconciliation contains no mismatches.
Closed – The reconciliation has some mismatches and was closed by the user.
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What is compared
FA Operations lets you compare the following data:
What is compared | Scope of data | |
|---|---|---|
Position information |
| Portfolio positions and accounts from:
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Cash account information |
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