NeoXam Aro is an intelligent, low-code data reconciliation platform that transforms fragmented, manual processes into a unified, AI-powered and automation-driven solution. Built for asset managers, banks, and service providers, our data reconciliation solution increases operational efficiency, reduces costs, and mitigates operational risk, across the entire data lifecycle.
Vendor
NeoXam
Company Website
NeoXam Aro is an intelligent, low-code data reconciliation solution designed to replace fragmented, manual processes with a unified, AI-driven platform. Built for asset managers, banks, and service providers, Aro automates reconciliation workflows, improves operational efficiency, reduces costs, and mitigates risk across the entire data lifecycle. Its modular, enterprise-grade architecture adapts to evolving market conditions and compliance requirements, enabling rapid deployment and scalability.
Features
- AI-Powered Reconciliation: Predictive models and anomaly detection for faster break identification and prioritization.
- No-Code Configuration: Business users can create and deploy reconciliation rules without IT dependency.
- Smart Matching Engine: Supports complex match types (1:1, 1:M, M:N, A:A) for diverse asset classes including equities, fixed income, derivatives, and ETDs.
- Exception Management: Automated resolution of low and medium complexity breaks using Intelligent Process Automation (IPA).
- Data Ingestion & Normalization: Handles complex data structures from multiple sources with enrichment capabilities.
- Comprehensive Coverage: Trade, cash, bank account, NAV validation, trial balance, and clearing reconciliations.
- Real-Time Dashboards: SLA monitoring, global reconciliation status, and customizable insights for proactive management.
- Audit & Compliance: Full traceability and audit trails for MiFID II, EMIR, CFTC, and other regulations.
- Flexible Deployment: On-premise, containerized (Docker/Kubernetes), cloud-native, or SaaS with optional managed services.
- Integration: Seamless connectivity with internal systems, third-party providers, and market data sources.
Benefits
- Efficiency: Reduce operational costs by over 50% and cut project delivery times from 74 days to hours.
- Accuracy: Achieve reconciliation match rates of 98.5%+ and decrease break volumes by 70%.
- Compliance: Ensure regulatory adherence with built-in validation and audit-ready workflows.
- Scalability: Modular architecture supports growing volumes and evolving business needs.
- Risk Mitigation: Real-time monitoring and AI-driven exception handling minimize SLA breaches and operational risk.
- User Empowerment: Enable business teams to configure and manage reconciliations without IT dependency.