Irion Data Reconciliation

Irion EDM, the Data Management platform designed to simplify, speed up, and improve the Data Reconciliation processes guaranteeing fast and effective results with an agile and sustainable approach.

One-click connection to sources
Rule-based model with unencrypted, documented logic
AI&ML-based processes for automated matching rule identification
Workflow & collaboration tools for process management
Automated audit, log, and documentation

Request a demo

Irion Data Reconciliation

Simplify, speed up, and improve the Data Reconciliation processes. Guarantee fast and effective results with an agile and sustainable approach.

One-click connection to sources
Rule-based model with unencrypted, documented logic
AI&ML-based processes for automated matching rule identification
Workflow & collaboration tools for process management
Automated audit, log, and documentation

Request a demo

Data Reconciliation

No data loss when switching from one system to another!

Data Reconciliation is a process that allows you to avoid any potential data loss or errors while data is transported, calculated, and used within one of the data pipelines of your applicational architecture.

Why do Data Reconciliation

Prepare, reconcile, correct

🢂 Prepare

Easily map the external sources

Normalize and prepare the data (cleanse, profile, etc.)

🢂 Reconcile

Define matching and comparison rules

Configure thresholds and deviations

Implement sophisticated matching logic

🢂 Correct

Analyze the results of your processes

Quickly detect the differences

Activate justification and remediation processes

Data Reconciliation with Irion EDM

A new way to do Data Reconciliation

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No more spreadsheets!

Design and activate even complex reconciliations very quickly. Map your data in any format, analyze and profile them. Introduce matching rules with the aid of AI tools. Write them in an unencrypted, rule-based approach.

Reconciliation between files and between different systems. Migration support and parallel running are just some of the Data Reconciliation scenarios which Irion EDM supports.

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Collaborate – now you can!

The Workflow and Collaboration functionality ensures correct management and governance of the reconciliation process, from data mapping to exception management, with all actors involved.

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Everything is clear, automated, and under control!

Analyze the results, document the reconciliation process thanks to the automated documentation functionality the platform offers, trace the process with the One-Click Audit system to reconstruct ex post the results and the rules applied.

Reduce the risks, eliminate human tasks, speed up the process, make the data reliable with Irion EDM Data Reconciliations.

Why Irion EDM

The platform for Enterprise Data Management

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Compliance Enabler

Creates automated solutions to meet the compliance regulations, reducing problems and costs.

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Collaborative

Coordinates and monitors multiple teams working simultaneously on the same project, providing special features for individual roles



Practical

The verbalization engine, metadata dictionary and business glossary drastically reduce the time spent on documentation updates.

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Efficient

A powerful rules engine to independently write quality controls and rules for data enrichment, data review and data reclassification.

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Smart

Generate autonomously temporary support structures and run automatic controls at the time of data acquisition.

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Immediately available

Analyze the result of reconciliation process which is stored and displayed in a virtual structure, volatile or persistent for sharing or for your own use.

Is this true also for you?

🞂 Most of the data on my mission-critical processes is still reconciled manually?

🞂 My reconciliations are time-consuming and involve enormous operational costs and risks?

🞂 The traditional reconciliation processes are not enough?

🞂 Activating new reconciliations and verifying new sources and new data require a significant setup effort?

🞂 The team concentrates too much on the preparation phase and data matching rather that on analysis and resolution of issues?

Would you like to…

🞂 Most of the data on my mission-critical processes is still reconciled manually?

🞂 My reconciliations are time-consuming and involve enormous operational costs and risks?

🞂 The traditional reconciliation processes are not enough?

🞂 Activating new reconciliations and verifying new sources and new data require a significant setup effort?

🞂 The team concentrates too much on the preparation phase and data matching rather that on analysis and resolution of issues?

Try Irion!

🞂 30-day setup
🞂 Tangible results in 3 months
🞂 Return on investment within the first year

Some examples of applications

🞂 Front to back offices (trades, positions, etc.)
🞂 ETD/OTC Clearing
🞂 Broker
🞂 Customer Data
🞂 Cash

🞂 Ledger-to-ledger
🞂 Period End Close
🞂 Settlement
🞂 Risk Data
🞂 Regulation (MIFID, EMIR, etc.)

What are you waiting for?
REQUEST A DEMO!

Organize and understand your data with a framework that the industry leaders already use. Keep up with the changes as the data volumes and variety increase. Discover the hidden connections between your data!

Request a demo