DIAMOS Reconciliation

Supports various types of reconciliation and validation processes through components which can be used and licensed individually or as one core product:

• Reconciliation of holdings: Automated reconciliation of holdings for all asset classes
• Reconciliation of cash and transactions: Reconciliation of cash accounts (e.g. using SWIFT MT940)
• Depository validation: Reconciliation of omnibus accounts against investment certificates administrated by depositories
• NAV validation: NAV validations which take holdings, transactions, outstanding shares and benchmarks into consideration
• Data validation: Validation of data consistencies and other functional / technical fund accounting data (e.g. validation of entitlements, use of the right foreign exchange rate)

• Administration of reconciliation routines through a flexible rule engine
• Configurable data interfaces
• Customizable view of reconciliation and validation results

• Automated data exchange between all involved systems – e.g. fund accounting systems, portfolio management systems, custodian systems, bank systems, payment systems
• Processes all standard interface formats such as SWIFT, FIX, XML, CSV, TXT, fixed length, databases, Word documents, Excel files (e.g. BVI Excel), PDF
• New interfaces can be incorporated without having to adjust the software - Interfaces can be configured by the user
• DIAMOS provides best practice set of configurations for standard processes (e.g. reconciliation of holdings MT535 with investment management system)

• Completely automated data import from various sources – e.g. accounting systems, master data and price providers
• Once the data required for the various reconciliation processes has been loaded, it becomes centrally available for all licensed reconciliation components

• Comprehensive reconciliation algorithms for highly accurate electronic matching rates
• Automatic display of deviations so checks can be performed immediately and quick further processing is enabled
• Automated generation of matching and validation proposals for inconclusive positions

• Intuitive user interface and user-guided processes
• Template-based comment possibilities with free text options and configurable boiler plates
• Convenient functionalities such as synchronous scrolling and comprehensive filter options

• Audit-proof data storage
• Audit-trail with complete history
• Paperless-Review-concept: Reconciliation information can be directly accessed at all times by different departments
• Consolidated summary of results across all reconciliation types
• Transparent presentation of reconciliation results per dashboard, traffic-light-views, statistics charts
• Optimizes resource planning
• Customized reports, task lists, etc. are available on demand.

• Efficient implementation, rapid deployment and quick return-on-investment thanks to:
  • Flexibly integratable system architecture
  • Standard configurations, which facilitate initial parameterization
• Future-proof investment security due to the consequent use of established open standards
• Individually licensable, scalable as and when required to fit your needs and those of your IT-environment

DIAMOS Reconciliation is based on the DIAMOS system platform, which provides significant benefits that are available as basic functionalities. These include i.e.:

• State of the art, future-proof system architecture with maximum security standards
• Transaction-based workflow management with real-time processing
• Multi-client and multi-lingual capabilities
• Central data management across all products
• 24/7 availability
• Enhanced definable user-rights concept
• Additional benefits...

We provide expert consulting, integration and support services. We also offer comprehensive technical and functional support services enabling you to streamline your operations time and cost effectively through our certified DIAMOS data processing center.

You can optimize your reconciliation processes flexibly through additional functionalities such as

• DIAMOS FeeManagement: Transaction cost analysis for maximum control of calculated broker and custodian bank fees against delivered transaction costs