Date: 10 September 2013

Reconciliation Data Aggregation Upgraded by Watson Wheatley

Watson Wheatley Financial Systems (WWFS) have announced a major upgrade of their Importer data aggregation platform, part of the i-Recs reconciliation suite. This upgrade increases transaction throughput, enhances investigative functionality and provides a solid base for further enhancements. The improved data aggregation and ‘mapping’ process allows rapid on-boarding of the i-Recs reconciliation system for new clients and reduced time to configure new interfaces for existing users. Importer is a companion product to i-Recs with interfaces to hundreds of third parties and systems including custodians, prime brokers, administrators, portfolio management and trading systems.

WWFS Managing Director Duncan Wheatley commented “Whilst our original data aggregation product worked extremely well we felt it was time to move it to the latest technology to bring it in line with the rest of our products. This upgrade is just the starting point of an overall improvement process in partnership with our existing clients and presents a great opportunity for new asset managers, hedge funds and commodities traders to join our growing client base”.