Limina, a provider of investments management software solutions, has partnered with Watson Wheatley, the developer of the iRecs reconciliation tool, which was originally built for one of the largest hedge funds in Europe, to offer highly automated reconciliation to the buy-side.
Limina, a provider of investments management software solutions, has partnered with Watson Wheatley, the developer of the iRecs reconciliation tool, which was originally built for one of the largest hedge funds in Europe, to offer highly automated reconciliation to the buy-side.
The partnership is based on deep integration between the Limina Investment Management Software and Watson Wheatley’s portfolio reconciliation capabilities. The scope of the solution also includes data integrity checks, such as checking whether cash flows validate changes in cash balances.
The integration has gone live with its first client, processing thousands of records per day for the first couple of weeks.
