The pandemic has only underlined the importance of operational resiliency in reconciliations.
William Cooley
Product Manager, Broadridge
Reconciliations are imperative to the risk and control functions of an organisation. Accurate and timely reconciliations ensure that companies always have a grasp on operational problems that could be affecting their bottom line. The pandemic has only underlined the importance of operational resiliency in reconciliation processes, which have been profoundly affected by increases in the volume, variety and velocity of data as a result of increased trading volumes during this time. Additionally, firms are under increased cost pressure given complex economic conditions, so there is a very clear appetite for gains in efficiency.
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