System and method for centralized automated reconciliation...

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Finance

Reexamination Certificate

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C705S03600T, C705S037000, C705S039000, C705S040000

Reexamination Certificate

active

07451103

ABSTRACT:
A method and system for centralized automated reconciliation of investment manager and related custody accounts makes use of computer hardware and software in a service bureau environment to receive information and records electronically from fund managers and custodian banks in different formats, to reformat the files for inputting to the system, and to perform the reconciliation process in a uniform manner. The system also allows one or both of fund managers and custodians to establish matching rules, to view the results of the matching process, to track the investigation process for unmatched records, and to manually match unmatched records.

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Kreminec, Kathleen E., Reconciling Accounts the Automated Way, Best's Review—Life-Health Insurance Edition, v90, n9, p. 82(3), Jan. 1990.
Business Wire Page entitled “Boston Private Bank and Trust Automates Reconciliation With Advent's Rex;” pp. 3241363, Publication Date: Mar. 24, 1998.
Business Wire Page entitled “Advent Office Goes Online—Browser Reporting, Internet-Ready FIX Made Available,” Publication Date: Sep. 22, 1998.

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