Buy-Side Technology Awards 2015: Best Buy-Side Reconciliation Platform/Service—Indus Valley Partners

Thanks to an explosion of data and increased regulatory scrutiny, asset managers have found themselves under pressure when it comes to managing their reconciliations. Their legacy platforms—if not necessarily outright manual processes—are costing them time and money. Indus Valley Partners’ IVP Recon offering boasts the flexibility and scalability needed to address these challenges. The firm built its business, initially focusing on the sell side, to one that is an integral part of the alternative asset management industry.
IVP Recon offers a scalable architecture that allows buy-side firms to streamline their data capture and validation processes, in addition to offering them advanced exception management and reporting functionality. It is designed to help hedge funds handle high transaction volumes, complex instruments, and multiple counterparties across a swath of trading strategies.
IVP Recon version 6.0, also allows clients to map new counterparties or systems to their own technology stacks with no external support, while updating existing interfaces. This helps them reduce bottlenecks and helps to automate the reconciliations required to support the full trade lifecycle.
According to Gurvinder Singh, CEO of Indus Valley Partners, IVP Recon’s latest update features a redesigned user interface to ensure that everything an operations user needs can be obtained within a click or two. The vendor is also exploring how to use machine learning to streamline the reconciliations space.
“With the maturity of algorithms, especially machine-learning algorithms, we believe that there is an opportunity to transfer that expertise from non-fintech domains—such as social networks like Facebook and LinkedIn—to the fintech domain around our full product suite,” Singh says.
IVP Recon offers a scalable architecture that allows buy-side firms to streamline their data capture and validation processes, in addition to offering them advanced exception management and reporting functionality.
Looking ahead to 2016, IVP is looking to add a natural language rules engine to allow operations staff to develop new rules in English, he adds. It also hopes to include machine-learning agents that will improve operations teams’ productivity by learning common processes.
While reconciliations can, at face value, appear pallid (relative to other buy-side business processes), Indus Valley Partners is separating itself from other vendors in the field by applying new technologies to an already mature market.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Awards & Rankings
Witad Awards 2025: Vendor professional of the year (business development)—Ripple Bhullar, Kyndryl
Ripple Bhullar, vice president, head of US capital markets and diversified, at Kyndryl, wins vendor professional of the year (business development) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Technology leader of the year (vendor)—Mary Cecola, Broadridge Financial Solutions
Mary Cecola, CTO for asset management at Broadridge Financial Solutions, wins technology leader of the year (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Trailblazer (Lifetime achievement) award (vendor)—Maureen Downs, Connamara Technologies
Maureen Downs, co-founder and chair of Connamara Technologies, wins the Trailblazer (Lifetime achievement) award (vendor) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Legal/compliance professional of the year—Devi Shanmugham, Tradeweb
Devi Shanmugham, global head of compliance at Tradeweb, wins legal/compliance professional of the year in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Technology innovator of the year (end-user)—Ruchi Acharya Saraswat, RBC Capital Markets
Ruchi Acharya Saraswat, managing director, head of strategy and transformation, business and client services technology at RBC Capital Markets, wins technology innovator of the year (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Best company for diversity and inclusion (end-user)—BNP Paribas Portugal
BNP Paribas Portugal wins best company for diversity and inclusion (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Wellness/work-life balance award (end-user)—Sarah Mears, MUFG Investor Services
Sarah Mears, chief human resources officer at MUFG Investor Services, wins the wellness/work-life balance award (end-user) in the 2025 Women in Technology and Data Awards.
Witad Awards 2025: Exchange professional of the year—Valerie Bannert-Thurner, Nasdaq
Valerie Bannert-Thurner, executive vice president and chief revenue officer of the financial technology division at Nasdaq, wins exchange professional of the year in the 2025 Women in Technology and Data Awards.