Channel Capital: Automates ASIC Reconciliation Oversight with Fund Recs

Channel Capital: Automates ASIC Reconciliation Oversight with Fund Recs

  • Channel Capital is a multi-partner asset management business dedicated to building and supporting a unique group of investment managers worldwide
  • Fund Recs develops cloud-based reconciliation software for the global Funds Industry, replacing outdated enterprise software
  • Selected the Fund Recs Velocity platform to fully automate its ASIC Reconciliation process
  • Fund Recs’ ASIC Reconciliation solution supports the oversight process and gives firms the comfort that their reporting meets
  • Fund Recs clients benefit from being supported by a highly responsive and knowledgeable team
  • ASIC is responsible for administering the derivative trade repository licensing regime
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...