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STP can handle this critical element of your back-office operations, freeing your staff to focus on value-added activities
Utilising Pmplus’ integrated reconciliation function, and drawing on custodian and bank cash data feeds, STP’s staff can ensure that your reconciliation is handled daily so that your records are always fully updated and consistent with the Custodian/Bank’s records. Where the custodian may be in error, STP will contact the relevant counterparties to quickly resolve any issues. A fully reconciled system enables PMplus users to confidently provide their clients with advanced analytics and statements directly from the reporting system, confidently knowing that their data matches the data at Custodian/Bank.