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  • Fund Recs develops cloud-based reconciliation software for the global Funds Industry, replacing outdated enterprise software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

NYSE Faces $9 Million Fine from SEC Over Trading Glitch

Regulatory action follows significant trading errors affecting market operations.Highlights: NYSE fined $9 million by SEC for a trading...

Stablecoin Startup Kast Raises $80 Million to Accelerate Growth

Funding aims to expand operations and enhance offerings in the stablecoin sector.Highlights: Kast raises $80 million inSeries A...

Nasdaq Connects European Trading Venues to Seturion Tokenized Asset Platform

New integration aims to enhance trading efficiency in Europe.Highlights: Nasdaq links European trading venues to Seturion platform.Integration focuses...

Irish Banks Launch P2P Payments Service to Enhance Digital Transactions

New service aims to simplify peer-to-peer money transfers in Ireland.Highlights: Irish banks have introduced a new P2P payments...