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Operations

Multi-custodian reconciliation

Match positions across custodians and the portfolio system, then investigate and route every break.

Simulated data2 min
Interactive demonstration — simulated data. No real compliance decision is being performed.
Source
Portfolio system (PMS)

P-10482 · Huber Family

Valuation date 13.10.2026

Source
Custodian feeds
  • Bank Alpina AGSWIFT MT535/MT950 · received 06:10
  • Banque Lémanique SACSV via SFTP · received 06:24
The problem

Independent managers often work with several custodian banks. Positions and cash have to be matched against the portfolio system, and every difference investigated from statements and emails.

Today, typically

  1. 1Download custodian statements
  2. 2Paste into a spreadsheet
  3. 3Match positions line by line
  4. 4Investigate differences
  5. 5Email the custodian or colleague
  6. 6Track resolution manually

Automated workflow

  1. Custodian data is collected and normalised
  2. Positions and cash are matched against the PMS
  3. Breaks are detected with tolerance rules
  4. Likely causes are suggested from transaction history
  5. Exceptions are assigned and tracked to resolution

Where people stay in control

  • Operations confirms the cause of each break
  • Corrections to books remain a human action

Why automate this?

Illustrative examplePotential impact — illustrative, not measured results.
Time

Matching work could be largely automated, leaving time for the breaks that matter.

Capacity

Additional custodians or portfolios need not mean proportionally more reconciliation effort.

Quality

Breaks are caught consistently and every resolution is documented.

Experience

Relationship managers work from positions they can trust each morning.

Find your highest-value automation opportunity.

Client reporting

Interested in exploring one of these workflows?

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