About Recon Center

Owned by Copy Page Tree (Unlicensed)
Last updated: Sept 07, 2023 by Nancy Cohn (Deactivated)
2 min read

Recon Center helps your organization gain visibility and control by providing real-time matching, reconciliation, and exception processing on a single platform. You can research and take action to correct differences using external files provided by multiple custodians or an internal accounting system.

Recon Center has the following applications: Position Recon, Cash Recon, and Trade Recon. Each application is packaged with rules to load data, validate data, perform matches, apply field tolerance criteria, and generate match results. The sources of data can be Eagle Accounting, external files, or the Eagle data warehouse on one side, and an external custodian, the Eagle data warehouse, or depository feed on the other. Reconciliation's main features include:

  • Position reconciliation, cash reconciliation, and trade reconciliation applications.

  • Reconciliation of ledger balances at the asset level, rolled up to the fund level.

  • Customizable rules-based reconciliation engine with automated assignment of breaks to users and user groups.

  • Exception tables for reporting results and downstream use.

  • Console views of the match process and exception results by data source or portfolio.

  • Standard custodian import streams, default matching rules, and report query panels.

  • Outbound delivery notifications for business-specific reconciliation outcomes.

  • Ability to process directly from the ESTAR database or the Eagle data warehouse.

Access Recon Center

To access Recon Center:

From the Accounting Center window, select Reconciliation in the left navigation. In the left pane you see several options.

  • Admin. Allows you to administer the aged reconciliation reports and assignment rules.

  • Position Recon. Allows you launch the Position Recon console, submit Recon Position events, and report match exceptions.

  • Cash Recon. Allows you to launch the Cash Recon console, submit Recon Cash events, and report match exceptions.

  • Trade Recon to launch the Trade Recon console, submit Recon Trade events, exchange DTCC blotter and settlement information, and report trade exceptions.

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