Electra was acquired by Gresham Technologies, the leading software and services company specialising in solutions for data integrity and control, banking integration, payments and cash management, in June 2021.
Investment managers often undertake unnecessary operational risks and overhead costs throughout the reconciliation process due to outdated or inefficient workflows, erroneous or incomplete data, manual and redundant effort, and delayed exception resolution. The problem further intensifies as complexity and trading volumes increase, leaving firms burdened with overwhelmed staff and an inability to scale the business while managing investor and front-office demands.
Control for investment management helps buy-side firms and service providers reduce risk and gain operational efficiencies across reconciliation, exception management, and the entire post-trade process.
Designed specifically for the buy-side asset management industry, Control provides an extensive data catalogue, intelligent fuzzy matching, and patented, intelligent workflow and integration to give investment managers exceptional power to identify potential fails, resolve exceptions, and alleviate your team’s workload so you can focus more time and resources on value-added activities.
Control addresses the problem of siloed investigations by intelligently integrating relevant data across departments; from the core reconciliation team to accounting, finance, corporate actions, collateral, settlements, securities lending and treasury/cash management. It provides the transparency, speed and collaboration the middle and back-offices need to quickly prepare for and adapt to expansions or shifts in front-office trading and investment strategies, asset classes, counterparties, trading volumes, and the ever-changing regulatory landscape.
Eliminate settlement risk and errors by connecting investment managers, custodians, prime brokers, clients and other participants, and consolidating all post-trade processing on a single platform.
Our solution provides seamless custodian trade and client notifications, confirms/affirms and settlement instructions, and a centralised wire processing dashboard to reduce risk and potential fraud by automating wire instructions for any and all purposes, regardless of currency. We can further streamline your post-trade processes by connecting with multiple matching platforms, accounting and order management systems.
In assets moved by our service daily
Of the world's top 250 asset managers use our solutions
Unique data feeds aggregated
Integrate positions, transactions and cash processing with collateral and margin, failed trades, securities lending, pending trades, and corporate actions – within one workflow.
Gain efficiencies and scale by automating custodian trade and client notifications, confirmations, affirmations, and settlement instructions.
Increase collaboration and scale throughout and beyond the entire transaction lifecycle while improving transparency across operations functions.
Take a holistic approach to reducing risk by managing multiple types of reconciliations on one platform: system to system, P&L, collateral, security master, pricing and others.
Quickly and seamlessly compare large volumes of data and multiple, unique data sets within the same view.
Resolve exceptions quickly by allowing only true reconciliation updates to enter the workflow while safeguarding audit trails and record keeping.
Award-winning solution developed and supported by seasoned experts in buy-side reconciliation processing and post-trade operations.
Our advanced, semantics-based fuzzy matching for complex asset types, such as OTC and credit derivatives, goes beyond common matching tools to increase auto-matching and prevent false matches.
Patented, intelligent integration of positions, transactions, and cash balance information help to expedite the root-cause analysis by quickly showing how the tentacles of a transaction break extend to both cash balances and security positions.
Expedite your investigations by aggregating and integrating common forms of research data with any reconciliation process. Users are supported dynamically as they engage exceptions, meaning they spend less time sifting through different sources of data found in various locations.
See all exception activity and identify the cause and impact of the exceptions – engaging all four areas of the reconciliation process simultaneously.
Reconstruct prior month-end cash reconciliations using revisions, cancel/corrects and other back-dated transaction activity
Eliminates erroneous cash and position balance differences attributed to timing differences related to data availability
Configurable NAV buckets used to derive summary level NAV data along with a one-touch drill down to underlying data used to build individual NAV buckets
Reconcile any data across any number of sources for improved speed, accuracy and efficiency.
Get support for all security types, including OTC/ETD derivatives, across multiple systems and counterparties.
Prevent failed trades before they happen by reconciling standing settlements instructions and proactively monitoring and alerting staff of activity that may cause a trade to fail (i.e., shares on loan).
Eliminate time-consuming and error-prone manual wire ticket creation, wire approvals and faxing with automated delivery of various wire instructions.