Broadridge Reconciliation & Matching
Operational risk management software
Accounting & finance software
Financial reconciliation software
- Features
- Ease of use
- Ease of management
- Quality of support
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- Market presence
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- Banking and insurance
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- Transportation and logistics
What is Broadridge Reconciliation & Matching
Broadridge Reconciliation & Matching is a financial reconciliation solution used to compare, match, and resolve breaks across internal books and records and external counterparties, custodians, and market infrastructures. It supports operations, finance, and control teams that need to reconcile positions, cash, transactions, and reference data across multiple systems. The product focuses on configurable matching rules, workflow for exception management, and auditability to support control and operational risk requirements.
Configurable matching and tolerances
The product supports rule-based matching with configurable tolerances and criteria to address common reconciliation patterns such as one-to-one, one-to-many, and many-to-many matching. This helps teams standardize how breaks are identified and categorized across different data sets. Configuration reduces reliance on ad hoc spreadsheets for recurring reconciliations.
Exception workflow and audit trail
It provides workflow to manage breaks through investigation, assignment, commentary, and resolution steps. The system maintains an audit trail of actions and changes, which supports internal controls and operational risk oversight. This is useful for teams that must evidence reconciliation completion and approvals.
Designed for financial operations use
The solution is oriented toward high-volume financial operations use cases such as cash, positions, and transaction reconciliations across multiple sources. It aligns with control functions that require repeatable processes and reporting on outstanding breaks. This focus differentiates it from broader GRC or general workflow tools that are not purpose-built for reconciliation.
Implementation can be data-intensive
Reconciliation outcomes depend heavily on data normalization, source connectivity, and consistent identifiers across systems. Organizations often need upfront work to map fields, define golden sources, and handle data quality issues before matching performs well. This can extend timelines compared with lighter-weight process tools.
Specialized scope beyond reconciliation
While it supports control evidence through audit trails and workflow, it is not a full operational risk management suite with broad capabilities such as enterprise-wide risk registers, policy management, or compliance frameworks. Teams may still require separate systems for non-reconciliation risk and compliance processes. This can create a multi-tool operating model.
Integration depends on environment
Connectivity and automation depend on available interfaces to upstream and downstream systems (e.g., trading, accounting, custodians, data warehouses). Some integrations may require custom development or middleware, especially in heterogeneous legacy environments. Ongoing changes to source formats can also require maintenance.
Seller details
Broadridge Financial Solutions, Inc.
Lake Success, New York, USA
1962
Public
https://www.broadridge.com/
https://x.com/Broadridge
https://www.linkedin.com/company/broadridge/
