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Reconciliation

FA Operations lets you reconcile position and cash account data stored in FA with the data you receive from external sources, for example, from your custodian or a bank.

  • View reconciliations. View reconciled positions and cash accounts.View reconciliations

  • Fix a mismatch. You can fix a mismatch in the following ways:Fix a mismatch

    • Correct the system data so that it matches external data.

    • Have the mismatch corrected by your counterparty.

    • Mark a mismatch as solved in case this is a known issue that you don't need to fix.

  • Assign a mismatch to a user for further investigation.Assign a mismatch to a user

What is compared

FA Operations lets you compare the following data:

What is compared

Scope of data

Position information

  • Amount

  • Purchase trade amount in portfolio currency

  • Purchase trade amount in security currency

  • Market trade amount in portfolio currency

  • Market trade amount in security currency

Portfolio positions and accounts from:

  • List of portfolios matched by name, external ID or book entry.

  • Subportfolios of a portfolio. You can use a subportfolio structure to group portfolios for reconciliation.

  • Part of the portfolio, for example, if the reconciliation file covers only part of the portfolio holdings. Positions and accounts missing in the external data are ignored.

Cash account information

  • Account balance. Balances of individual portfolio accounts with the same number are summed up and compared against the balance of the account in the external data source.

External data

FA Operations receives external data as a file. Supported file formats are:

  • MT535

  • FA reconciliation file format

Files in supported formats are read as is. For other formats, you need to create a mapping and build a file integration with FA. For details, see Set up data sources.Set up data sources

In this section: