Reconciliation - Current challenges & new trends shaping the future | HCLTech

Reconciliation: Current challenges and new trends shaping the future

The capital markets industry is going through many changes, such as the adoption of distributed ledger, accelerated settlement, regulatory changes, etc., defining how it will function in the coming years. At the same time, this industry faces tighter margins and competitiveness to be relevant and meet ever-growing customer needs. The FIs must simplify the process through various technological means leading to cost reduction and better efficiencies. In this journey, the reconciliation process is also of paramount importance, considering the time and money spent on this. This paper explains the typical issues any mid-large FIs have in the reconciliation value chain and key possible ways to mitigate these creating an efficient and scalable model. Download the whitepaper to know more.

Download the Whitepaper