NeoXam / Aro / No-Code Recon: Empowering Ops Teams to Ditch the Spreadsheets

No-Code Recon: Empowering Ops Teams to Ditch the Spreadsheets

Discover how a no-code, intelligent platform transforms reconciliation and operations workflows, resulting in reduced risks, slashed costs, and shortened delivery times.

Say Goodbye to Manual Reconciliations and Hello to Streamlined Operations with NeoXam Aro

In today’s financial markets, operations teams are asked to do more with less: more volume, more products, more regulations, but with less time, fewer people, zero tolerance for errors. Yet despite this, reconciliation still relies on spreadsheets and manual processes and checks. This creates hidden risk, slow onboarding, and constant firefighting.

NeoXam Aro changes that. As a no-code reconciliation platform, it lets your operations teams design, own, and automate data reconciliations without writing a single line of code, replacing fragile spreadsheets based workflows with robust and scalable controls.

Why Spreadsheet-Based Recon No Longer Works

The traditional reconciliation landscape is riddled with problems:

Error-prone handling

Copy-paste jobs, manual uploads, and inconsistent formats lead to input errors and missed breaks.

Uncontrolled data manipulation

Users can overwrite formulas or enter incorrect values in Excel, leading to misrepresentation of the data.

Low-value manual work

Ops teams spend most of their time on repetitive matching and ticking rather than analyzing and fixing root causes.

Siloed systems

One tool for data collection, another for transformation, and yet another for reporting, with lots of Excel files in between.

Vendor and IT dependency

Every new recon, data source, or rule change becomes a mini-IT project or a new vendor product.

Missed SLAs and compliance risk

Delays, low match rates, and unresolved breaks all put pressure on regulatory compliance and service levels,

Excel is powerful but brittle. It was never designed to be the backbone of institutional-grade reconciliation and control.

Exactly What Is a No-Code Reconciliation Platform?

It is a tool that lets operations users build and manage the full reconciliation process without code. In NeoXam Aro, ops teams can:

Onboard new data sources with menu-driven mapping and transformation.
Define match logic, tolerances, and N-way reconciliations via business-friendly rules.
Configure workflows and exception lifecycles visually, without scripting.
Create their own dashboards and reports from reconciliation results.

The result is an agile and auditable control framework owned by the businesses, not buried in code or spreadsheet.

NeoXam Aro brings all steps of reconciliation into a single, unified platform: ingesting and normalizing data, matching records across systems, managing exceptions, and delivering audit-ready reporting. Everything is accessible through a no-code interface designed for financial operations teams. Aro replaces scattered point solutions and manual trackers with one governed environment where every control is transparent, reusable, and versioned.

No-Code Data Ingestion, Normalization & Transformation

Self-service onboarding: Ops users can configure new files and feeds with Aro’s built-in, intuitive Data Modeler directly in the UI.
Business-friendly transformations: Standardize formats, enrich fields, join datasets, and apply validation rules without writing scripts.
Reusable templates: Save mappings and logic for specific custodians, brokers, or administrators and reuse them across reconciliations.
Less IT drag: What used to take weeks with ETL teams now takes hours using no-code, self-service config.

Intelligent Matching Engine – No-Code Rules, High Accuracy

Flexible match rules: Define which fields should match (e.g., account, ISIN, trade date, quantity, amount) and set tolerances, all through no-code rules.
Support for complex assets: Reconcile trades, positions, cash, derivatives, and structured products using the same engine.
N-way reconciliation: Reconcile across three or more systems at once, not just simple two-way comparisons.
Higher match rates: Ops can tune match logic directly, improving rates from 95% to 98.5% and cutting exception volumes significantly.

Exception Management with AI & Configurable Workflows

Smart prioritization: AI classifies breaks by likely root cause and materiality, so teams focus on the right things first.
Configurable workflows: Define ownership, steps, approvals, and escalation paths for each type of reconciliation and exception, purely by configuration.
Ops friendly inbox: Filter, sort, and bulk-process breaks with full visibility of history, comments and attachments, all in one place.
Fewer manual touches: Through intelligent auto-matching and workflow automation, firms typically achieve up to 50% reduction in manual interventions and as much as 70% fewer open exceptions.

Reporting, Dashboards & Audit-Ready Transparency

Real-time dashboards

Monitor match rates, break volumes, aging, root causes, and SLA adherence across all reconciliations, teams and locations.

Drill-down from global to granular

Zoom in from an enterprise-level overviews view to individual exceptions with a few clicks.

Audit and compliance

Full data lineage, decision history, and control evidence support frameworks like MiFID II, EMIR, and local regulatory requirements.

Self-service reporting

Ops and risk teams can create and adjust reports themselves with no more waiting for IT or BI teams to build new views.

Built for Financial Institutions

Whether you’re a global asset manager, a bank, or a service provider, NeoXam Aro meets your reconciliation needs.

For Asset Managers

ABOR and IBOR reconciliation to ensure NAV and portfolio accuracy. Improved efficiency through workflow automation.

For Banks

Reconciliation between custodians, counterparties, and internal systems. FX risk mitigation and multi-jurisdiction compliance.

For Service Providers

Faster client onboarding with customizable, system-to-system reconciliation. Configurable workflows to meet diverse client requirements.

Typical No-Code Reconciliation Use Cases with NeoXam Aro

Operational reconciliation

Trades across front-, middle-, and back-office systems and external counterparties.
Positions and cash balances between internal books and external custodians.

Accounting & finance reconciliation

IBOR vs. ABOR and GL to source to support financial statements and NAV.
Balance sheet and P&L reconciliations with clear traceability.

Specialized reconciliation

FX, derivatives, collateral, and margin controls.
Regulatory & client reporting checks to ensure figures reconcile back to golden sources.

Quantifiable Results

NeoXam Aro delivers measurable improvements across your organization:

30%+ cost savings

Reduce dependency on external reconciliation vendors and cut manual operational effort.

50% fewer manual tasks

Intelligent auto-matching, AI-driven exception bucketing, and automation rules free teams to focus on analysis and value-added work.

Improved match rates

Boost match quality from 95% to around 98.5%, significantly reducing noise in exception queues.

Faster time-to-market

Launch new reconciliations in hours or days, not months, supporting new products, new clients, and new regulations with minimal delay.

Ready to Retire Spreadsheets?

If your team is stuck stitching together spreadsheets, scripts, and siloed tools, it’s time to modernize. NeoXam Aro gives them the power to own reconciliation, without depending on IT or third-party vendors.

Whether it’s trades, positions, cash, or accounting data, Aro handles it all with speed, accuracy, and scale.

Take the Next Step

Don’t let outdated tools hold back your business. Empower your team with a no-code, intelligent platform that evolves with your business.

Make your data work harder, so your team doesn’t have to.

Frequently Asked Questions

NeoXam Aro: No-Code Reconciliation for High-Performance Operations

What is a no-code reconciliation platform?

A no-code reconciliation platform allows teams to build, automate, and manage reconciliation workflows without programming. NeoXam Aro provides a menu-driven interface to handle ingestion, transformation, exception handling and reporting, with no spreadsheets or IT reliance required.

How does NeoXam Aro improve reconciliation accuracy?

NeoXam Aro uses AI-powered matching and predictive analytics to improve accuracy. Match rates typically increase from 95% to 98.5%.This minimizes errors, enhances operational control, and speeds up resolution times.

Is NeoXam Aro suitable for complex asset classes and high-volume data?

Yes. NeoXam Aro supports complex asset classes, including derivatives, private assets and structured products. It is built to scale and produces robust performance at enterprise level volumes.

Can business users really manage reconciliation without IT?

Absolutely. NeoXam Aro is designed with a low-code, menu-driven interface that lets operations and finance users create and manage workflows on their own. This means faster onboarding, more agility and less IT reliance.

What types of reconciliations can NeoXam Aro handle?

NeoXam Aro supports a wide range of reconciliation types including:

Operational Reconciliation: Trades, positions, cash flows.
Accounting Reconciliation: IBOR vs. ABOR, general ledger.
Specialized Reconciliation: FX, OTC derivatives, NAV control, and more.

Does NeoXam Aro integrate with existing systems?

Yes. Aro is built on a microservices-based architecture with open APIs for seamless integration. It supports both system-to-system and file-based connections to custodians, counterparties, internal systems and third-parties.

What are the deployment options for NeoXam Aro?

NeoXam Aro offers flexible deployment models to suit your IT infrastructure:

On-Premise Deployment (via Docker/Kubernetes)
Public Cloud Deployment (with PaaS support and Helm charts)
Fully Managed SaaS with optional business services

Is NeoXam Aro compliant with industry regulations?

Yes. NeoXam Aro supports compliance with global financial regulations such as MiFID II, EMIR, and other data governance standards. It offers audit-ready reports, full data lineage, and real-time visibility into reconciliation workflows.

Can NeoXam Aro replace spreadsheets entirely?

Yes, it can replace more than just spreadsheets. Aro enables end-to-end reconciliation, from ingestion right through to reporting, without relying on Excel or manual workarounds. It automates repeatable tasks, standardizes workflows, and offers full visibility and control across the reconciliation lifecycle.