AutoRek is a financial data management and reconciliation tool that has advanced matching capability, workf low to route corrective action requests and queries, and case management information. “AutoRek automates and optimizes financial control and reduces cost in terms of removing the burden of manual effort required to meet increasing regulatory demands” he adds. The software is a purpose built tool with all the essential components needed to provide a framework for financial control and regulatory reporting.
Reducing cost, operational risk and addressing regulatory demands while improving customer service for blue-chip clients has been AutoRek’s forte since inception. AutoRek differentiates itself by its customer agnostic approach, prioritizing ability and taking critical business decisions based on the evaluation. The company’s dedicated team of experts with an extensive experience in finance and technology helps organizations to tackle some of the complex data reconciliation challenges. “At AutoRek, we focus on end-user functionality and believe in empowering financial teams with our easily deployable product,” states McHarg.
Moving forward, AutoRek plans to serve the financial industry and manage critical data with its robust platform. “We will continue to broaden our coverage of the regulatory reporting environment,” says McHarg. Most of these requirements originate from the fundamental capabilities: being able to take data from variety of environments, bring it in and provide data analytics. The key requirement is to understand and control data that’s coming into the platform; and drive it towards a broader regulatory reporting platform,” he concludes.