Trade reconciliation is the comparison of data from two different sources for the purpose of ensuring both sources accurately contain the same data. All reconciliation efforts must include a capture and match process, create an exceptions list, manage any exceptions, and report on resolution status. Increased risk management requirements have resulted in more frequent and transparent reconciliations.

Creating and managing reconciliation exceptions can be labor-intensive and time-consuming. Data needed to evaluate historical reconciliation performance is not readily available. Reconciliation resources reside in multiple locations making it difficult to coordinate efforts and responsibilities. Identifying, escalating, and alerting management to high-risk exceptions can be slow. Some processes are automated, others are manual, and the two are rarely, if ever, connected.

Vitria Operational Intelligence delivers end-to-end visibility into trade reconciliation processes, identifying and analyzing data and events across systems and silos. With Vitria OI, financial services companies can reduce risk while improving operational efficiency by bringing real-time insight into high-risk exceptions and presenting them on a single dashboard in the context of a holistic view of business operations. The end result is a more informed and agile organization that is better equipped to address the ever increasing regulatory requirements placed on financial services companies.