Date: 07 January 2013

Reconciliation Specialists Watson Wheatley Financial Systems Announce i-Recs Version 2

Watson Wheatley Financial Systems are pleased to announce i-Recs 2, a significant upgrade of their powerful reconciliation solution. Version 2 of the software, developed in the latest .net framework, offers much greater speeds, a significantly enhanced user interface, further workflow capabilities and a new fully configurable dashboard.

Managing Director Duncan Wheatley commented “After much careful design work, supported by a detailed knowledge of how our clients handle day to day reconciliations, we believe we have fashioned a product that will not only deliver enhanced productivity, but also one that will provide an immediate and continuous assessment of risk, an ability to identify and quantify process weaknesses, and a system to benchmark the service quality delivered by third parties.”

“The latest version has a highly extensible architecture which allows us to easily accommodate new reconciliations, a wide range of asset classes and also provide our clients with configurable grids, reports, forms and dashboards.”

“We are delighted to introduce i-Recs 2 to the market and will be conducting demonstrations to potential clients, partners and interested third parties in the coming months.”

Watson Wheatley Financial Systems is a reconciliation system vendor with worldwide clients including hedge funds, long only asset managers and commodities traders. Its principal products are i-Recs and Importer. i-Recs is an extremely versatile and powerful reconciliation solution, used worldwide by clients with over $100bn in assets under administration.