Smonik Recon is a powerful, enterprise wide solution with capabilities to reconcile any data sets. Typical reconciliations include position, cash (balance and transaction), and trade activity. However, our clients have also utilized Smonik to reconcile many other scenarios such as dividends, interest, and commissions. Smonik can also be used as a control mechanism to independently calculate values such as commissions or fees on managed accounts and then compare them to what was actually charged. Smonik Recon facilitates data processing in a systematic and consistent manner and removes reliance on error prone spreadsheets or manual data entry.