Position Recons
Dividend Recons
Interest/SMV Rebate Recons
Integration with Prime Brokers,Custodians and accounting systems
Position Recons
Cash Balance & Transaction Recons
Management Fee Verification
Commission Verification
Puts the user in control
Powerful data transformation capabilities
Automate data acquisition and data management across the enterprise
Reconcile any two data sets
.
Simplified data extraction from PDF files
Normalize extracted data for downstream use
Automate reconciliation of Capital Statements, Cap Calls, Distributions
Automate Position and Cash Transaction recons across clients
Automate the collection of files from clients, brokers and custodians
Reports and dashboards by specific client or aggregate across all clients
Expose reconciliations to clients via end-user portal
Streamline integration with counterparties, prime brokers, vendors and other third parties.
Reduce or eliminate manual data processing and manual data entry
Automate the retrieval and processing of data in files, emails, databases and queues
Web based configuration to map and transform data easily parse any file type – even PDFs.
User friendly, web-based interface – designed for operations staff.
Provides position, trade, cash, and generic reconciliation modules.
Configure optional fields.
Customizable matching logic.
Configure generic reconciliation to recon any data set. E.g. dividend or interest accruals.
Customizable Dashboards
User friendly, web-based interface.
Report generation and delivery platform.
Secure website portal can be “white labeled” to match existing website design.
Rapid report creation - A graphical, easy to use interface enables the rapid creation of reports
Consolidate data from multiple sources into a single report.
Encrypt outgoing files
Full audit functionality. Track who viewed what file and when.
Cross product margin management
Agreement management
Calls disputes and reconciliation
Automation with intuitive dashboard
Priority driven task management
Settlement fees and interest
Web based mapping to extract data from PDF's
Handles both structures and unstructured data
Extract data from K1's, Calls, Distributions, Statements etc
User configurable rules to download data from emails, folders and ftp sites
Automatically update extracted data to databases or excel worksheets
Product Implementation
Application Development
Project Management
Systems Integration
SME Consulting
Pre-Configured connections to Brokers / Custodians
Position / Cash / Dividends / Collateral / Performance etc.
Pre-Configured reports to analyze data across Brokers / Custodians
Drag and Drop wizards for easy configurations
Pay per usage
24 X 7 availability and Support
Service level commitments
“Adding Smonik Systems to perform position and cash reconciliations, as well as various other data aggregation services, has significantly reduced the amount of manual work by 15 man hours per day. Additionally the Smonik tool has allowed management to have better oversight to ensure reconciliations are completed. The Smonik team was flexible and timely in their execution of the recon implementation and we continue to collaborate with them to aggregate data to reduce our manual footprint.”
Quote from Hedge Fund Administrator VP
“We are excited! Thank you so much for all of your hard work. You are terrific! We so appreciate our Smonik partners.”
Quote from the COO of a large Asset Management/Wealth Management firm
