Date: 10 March 2020

Tags: client win

Watson Wheatley Announce Four Client Wins in 2020

Watson Wheatley, specialists in hedge fund and asset management data reconciliation solutions, have announced the signing of four new contracts so far in 2020.

The new signings, based in Hong Kong and London, show continued progress for the privately-owned software company which has been growing steadily for a number of years primarily through introductions from existing clients. The onboarding process started immediately and some clients were implemented in under a week.

With strong growth during 2019 and an excellent start to 2020 Watson Wheatley’s financial year has already passed 2018/19 as the most successful year in its history. A strong pipeline for the rest of the year and new products coming online shortly indicates that this trend will continue.

Tom Wheatley, COO, Watson Wheatley:

“This is a great start to 2020 for Watson Wheatley. We have not only expanded our international coverage in Hong Kong but also added some sought-after names in London. We look forward to the rest of the year to onboard more funds and expand the use of the system with our existing clients”.


About Watson Wheatley Financial Systems

Watson Wheatley was founded in 2007 to solve reconciliation complexities in buy-side firms and bring much needed reconciliation expertise to the FinTech space. Watson Wheatley is a privately held company that specialises in securities reconciliation for the buy-side. With extensive experience in the financial markets and a reputation for excellent customer service, Watson Wheatley is regarded as the premier provider of reconciliation and data aggregation solutions for alternative asset managers.

About iRecs Reconciliation

The iRecs reconciliation tool was originally built for one of the largest hedge funds in Europe and offers a best practice approach for reconciling even the most complex instruments. The system offers a fully integrated and best practice reconciliation approach which fully explains balance and position differences using the underlying transaction data. iRecs is now used by hedge funds, asset managers, commodities traders, P2P lenders and private equity firms worldwide.

Contact:

For Watson Wheatley: Tom Wheatley, tom@watsonwheatley.com