We are specialists in reconciliation and portfolio analytics for the securities industry. It's what we do. It's all we do. This means we can focus on our efforts on making the best software solutions on the market.
We developed our award-winning iRecs software after years working in the industry on the operations side, so we understand the complexities of the instruments being handled and know the processes and challenges our clients face day-to-day.
We understand that in such a diverse industry, all our clients will need a flexible reconciliation system that can be tailored to their individual needs, and adapted on demand as those needs change and evolve. That is what we have created with iRecs.
The Nevada portfolio analytics system was developed in partnership with our clients and enables valuable insights including counterparty exposure, failed trades and stock lending
We used to provide a huge list of the various interfaces we have built over many years of reconciliation. The list is now too long to publish and also implies building a new interface is a large undertaking.
Fortunately with our Importer application adding new interfaces with our template system is extremely easy!
iRecs Affirm allows buy-side firms to apply automation to the T0 post-trade affirmation process at scale, across multiple counterparties and spanning a large range of asset classes.
"We chose iRecs as it’s an affordable reconciliation system built by operations guys with first hand experience of the issues faced and not a system built by tech guys with no operations experience"
London Hedge Fund
"Having evaluated several reconciliation tools we were impressed by the close fit between iRecs’ functionality and our very specific reconciliation needs and were convinced this was the scalable and flexible reconciliation platform we needed to support a large and diverse business"
London Asset Manager
“iRecs has become an integral part of our control environment, replacing existing manual processes and enabling us to efficiently identify and resolve breaks. The solution represents excellent value for money and the level of automation provided is important as we continue to grow”
London Hedge Fund
"iRecs is a reconciliation software that's both cost-effective and user-friendly. I've successfully used it across two firms and it has significantly streamlined operations, especially when managing multiple vehicles. A must-have tool for efficiency!"
London based Investment Manager
We strive to make iRecs the best software available and we're thrilled that the industry has consistently recognised our offering.
We think the adoption of best practices in reconciliation are essential for the stability of the industry.
We've written a number of downloadable whitepapers to share our expertise on this complicated but essential process, including:
Visit our News + Knowhow page to read our latest updates, check out our case studies and download our reports.
Watson Wheatley is a leading provider of reconciliation and portfolio analytics software to hedge funds, asset managers, commodities traders and private equity firms. Our products offer best practice solutions for clients assets totalling over $500bn in Europe, North America and Asia.
Developed by buy-side operations experts the iRecs reconciliation solution delivers highly automated data aggregation, advanced matching and exception management across all instrument classes and data types. We focus on operations risk mitigation, leveraging our unique accounting engine to verify reconciliation data at the most granular level.
The newly released Nevada portfolio analytics tool gives a operations teams valuable insights into their data including failed trades, counterparty exposure and more.
Our solutions are developed to solve real business problems and are derived from our extensive knowledge of middle and back office operations.
We have been shortlisted at the 2025 Financial Technologies Forum Awards!
Read more >>Pleased to announce we have been shortlisted in the Hedgeweek European Awards 2025 in two categories!
Read more >>Watson Wheatley have been nominated in three categories at the 2025 HFM European Services Awards
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