Date: 06 November 2018

Tags: client win

Reconciliation Specialists Watson Wheatley sign three new Contracts

Watson Wheatley, specialists in securities reconciliation software, have announced the signing of three new contracts with London based companies. The two hedge funds and one outsourcing firm will use the iRecs solution for a variety of reconciliations including NAV, intra-day cash and EMIR recs. The system implementations are now complete and bring an additional 22 funds onto the iRecs platform.

Tom Wheatley, COO, Watson Wheatley:

“All three firms ran a competitive tender process and we were pleased to be chosen at the final stage. Our rapid implementation, comprehensive applications and extensive product knowledge were key in securing these client wins.”

“We are seeing a real acceleration in the growth of Watson Wheatley especially in the last 2 years and look forward to converting more prospects into new clients in the coming months.”

ABOUT WATSON WHEATLEY FINANCIAL SYSTEMS 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 iRecs, Importer and ‘Reconciliation as a Service’. iRecs is an extremely versatile and powerful reconciliation solution, used worldwide by clients with over $206bn in assets under administration.

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Tom has a background in investment operations working for both The Bank of New York and Cazenove Capital Management in London. He previously had a career in motorsport as a driver, instructor and operations manager both in the UK and North America. Tom holds a BSc (Hons.) in Motorsport Management from the University of Wales, the Executive MBA from Oxford University's Saïd Business School and the Investment Management Certificate.