reconciliation use case
Automated ABOR to IBOR reconciliation
Control Cloud's cutting-edge reconciliation automates and streamlines the ABOR to IBOR process
Bridging the gap
Accounting Book of Record (ABOR) to Investment Book of Record (IBOR) reconciliation is a crucial process for maintaining data accuracy and regulatory compliance. Manual reconciliation methods are not only time-consuming and error-prone but also strain valuable resources, leading to operational inefficiencies and increased risk exposure. Automate your processes today through our suite of tools and services.
Transform your operations
Efficiency gains can be substantial, with manual effort reduced by up to 80%, allowing skilled staff to redirect their focus to high-value analytical tasks. The enhanced accuracy minimizes human errors, dramatically improving data quality across systems and supporting more reliable financial reporting and decision-making.
Near real-time reconciliation capabilities enable faster responses to discrepancies and more agile financial strategies.
Data management, made simple
Related products and services
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ABOR to IBOR
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N-Way
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Build inhouse reconciliation
Gresham’s Control is easy for our business users to adopt and use. The application’s controls around signoffs, designating reconciliations to different staff, and data collection have made our process more efficient and seamless, and our team more self-sufficient.
Our recent success and go-live with Gresham’s Control Cloud and the prompt yet comprehensive Proof-of-Concept (PoC) meant the decision to expand our use to include Connect Cloud was easy.
Why should any payments firm build this in-house when there is a specialist like Gresham that focuses on it exclusively? Connect Cloud really takes the pain out of message formatting and simplifies the message transformation space.
The solution allows us to focus on more strategic work. We are now able to manage the exceptions rather than all the manual heavy lifting we were having to do before the switch. It meant that we were able to manage a broader estate of recs ourselves without involving IT and tech experts from the previous vendor.
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