Securities & Position Reconciliation
Securities, positions and custody reconciliation in one place.
Reconcile custody positions, trades, corporate actions and cash-vs-position across custodians, prime brokers and internal books — with AI-assisted root-cause suggestions and evidence for every position.
The problem
The reconciliation problems this solves
Different SWIFT MT535/MT536 dialects, custodian-specific extensions and inconsistent identifiers (ISIN, CUSIP, SEDOL, internal).
Elective events, DR conversions and stock splits create transient breaks that need lifecycle-aware matching.
T/S-date reconciliation across pending, failed and partially-settled trades needs stateful position rollforward.
Position moves must reconcile back to cash movements to catch booking errors before NAV strike.
Capabilities
What ReconIQ does for this use case
Stateful reconciliation across trade date, settlement date, pending and failed states with rollforward semantics.
Agentic triage recognises DR/ADR splits, mergers and elective events, proposing resolutions with source evidence.
Built-in ISIN/CUSIP/SEDOL/ticker crosswalk with tenant overrides for internal instrument masters.
Two-legged reconciliation ties position changes to their cash counterparts for booking-error detection.
Sign-off dashboards with ageing, exposure and unmatched trend, exportable to fund accounting sign-off packs.
Multi-custodian tenants use row-level isolation so ops teams only see the books they are entitled to.
Data sources supported
- SWIFT MT535 (holdings), MT536 (statement of transactions), MT537 (pending), MT548 (settlement status)
- ISO 20022 semt.002, semt.003, semt.017
- Custodian & prime broker files (State Street, BNY Mellon, Northern Trust, JPM, Citi, GS PB)
- Trading system extracts (Charles River, BlackRock Aladdin, Bloomberg AIM)
- Corp-actions vendor feeds (Bloomberg CACS, Refinitiv, ICE)
- Internal instrument & entity masters
What this gives you
Designed with reference to the frameworks that matter here
Controls are designed with reference to these frameworks and regimes. See Security & Compliance for the full picture.
ReconIQ does not hold SOC 2 or ISO 27001 certification. Entries marked “(target)” or “(aligned)” describe design references and roadmap targets, not certifications we have earned.
Questions
Frequently asked
Can ReconIQ reconcile shadow-NAV against fund accounting?+
Yes. ReconIQ supports tri-party reconciliation — custody, prime broker and fund accountant — with configurable tolerance and materiality per book.
How are failed trades handled?+
Failed trades are flagged as stateful breaks tied to the parent trade lifecycle; ageing SLAs, escalation and buy-in workflows are configurable per tenant.
Do you support ISO 20022 semt.* messages?+
Yes, alongside MT5xx. ReconIQ maintains both models in the canonical schema so you can run mixed-custodian populations without dual-book pipelines.
See it on your data.
Try the live demo, or book a session to walk a securities & position reconciliation workflow end to end.