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What is ReconIQ?

An introduction to ReconIQ — the AI-native reconciliation platform for financial institutions.

4 min readoverviewintroductionplatform

ReconIQ is an enterprise-grade, AI-native SaaS platform built to transform reconciliation processes for financial institutions and large banks worldwide. Unlike bolt-on AI add-ons, ReconIQ was designed with artificial intelligence at its core — delivering a fundamentally advanced and intelligent approach to reconciliation.

Core Capabilities

ReconIQ supports a wide range of reconciliation needs:

  1. One-sided reconciliation — match internal ledgers against expected values
  2. Two-sided reconciliation — compare two data sources and identify breaks
  3. Tri-party reconciliation — reconcile across three parties such as custodians, prime brokers, and internal books

AI Copilot & Agentic Workflows

ReconIQ features an integrated AI Copilot providing real-time insights, intelligent automation, and seamless interaction. The agentic AI capabilities automate break resolution, propose matches, and learn from your team's decisions.

The AI Copilot can surface the root cause of a break in seconds — what used to take hours of manual investigation.

Deployment Options

ReconIQ offers flexible deployment including cloud-hosted, bring-your-own LLM keys, and robust tenant isolation. World-class security and data privacy standards are embedded across the platform.

Frequently asked questions

Is ReconIQ a background verification platform?

No. ReconIQ is a reconciliation platform for financial operations. It matches, reconciles, and resolves breaks across data sources — it does not perform background checks or employment screening.

Can ReconIQ handle multiple asset classes?

Yes. ReconIQ supports equities, fixed income, derivatives, fund NAV, collateral, FX, and more via configurable reconciliation definitions.