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Are Firms Heading Toward a Recs-Related Disaster?

March 19, 2025 by Eugene Grygo

Are Firms Heading Toward a Recs-Related Disaster?

Many firms could be heading for “an operational disaster” caused by rising transactional volumes, soon-to-be-overwhelmed manual reconciliation processes, and a reliance on legacy systems, and outdated technology, according to a new report “The Tipping Point for Asset Management Operations: The rising costs of operational complacency” from provider AutoRek. The report, based on securities industry surveys,… Read More >>

Filed Under: Securities Operations, Affirmation, Allocation & Confirmation, Back Office, Data Management, Middle-Office, Operational Risk, Ops Automation, Reconciliation & Exceptions, Risk Management, Settlement, Digital Transformation, FinTech Trends, Regulation & Compliance, Regulatory Compliance, Regulatory Reporting Tagged With: automation, back office, data management, data reconciliation, manual processing, manual reconciliations, operational risk, reconciliation, reconciliation processes, Securities Operations

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