Date: 10 October 2016
Watson Wheatley Financial Systems (WWFS), specialists in securities reconciliation, have announced the release of a new generation of reconciliation tools, iRecs3. Two years in the making, iRecs3 provides a more enhanced user interface for the existing flexible reconciliation technology that underpins the best practice reconciliation approach. iRecs3 represents a significant investment in R&D from the Watson Wheatley development team leveraging many years of experience building reconciliation tools and operations experience.
“iRecs3 is a step change in our reconciliation capabilities” commented WWFS Director Duncan Wheatley. “It is not only faster, more aesthetically pleasing and easier to use but provides us with a solid base for ongoing development in the coming years. Initial feedback from clients and new prospects has been extremely positive and we look forward to rolling this out”.
Duncan has over 30 years experience in the financial markets working in both New York and London. He was previously Global Head of Operations for a $350bn asset manager, Head of Operations at a London hedge fund and Head of Back and Middle Office Development at the largest hedge fund in Europe. Duncan is a keen sailor and can be found regularly crossing the channel in his yacht 'Liquid Asset'.