NeoXam Aro’s Intelligent Matching Engine is the modern answer to the growing reconciliation challenges faced by financial institutions. In an era of increasing data volume,...
OTC Derivatives Reconciliation Software
Automate Complex OTC Reconciliations
NeoXam Aro is a powerful OTC derivatives reconciliation platform designed to automate complex post-trade reconciliation, reduce exceptions, and streamline the entire Reconciliation process.
Reconcile OTC Derivatives with Accuracy, Speed, and Intelligence
Post-trade processing of OTC derivatives is inherently complex, involving multiple systems, formats, and counterparties. NeoXam Aro delivers a robust reconciliation engine purpose-built for these challenges, standardizing trade representations and using advanced matching rules to improve match rates and reduce manual intervention.
Whether you’re reconciling trades, confirmations, valuations, or collateral, NeoXam Aro empowers your team with real-time visibility and AI-driven automation.
Why OTC Derivatives Reconciliation Is So Difficult :
Complex trade structures
Swaps, options, exotics and structured trades generate multi-leg data, schedules, and cash flows.
Lack of industry identifiers
Lack of common ids across sources add complexity to matching.
Lifecycle-heavy products
New trades, amendments, novations, compressions, resets, and early terminations must all line up across systems.
Inconsistent data formats
Each counterparty/system presents the data in varying formats.
Multiple internal books & views
Front, risk, collateral, finance, and accounting platforms can each hold a slightly different version of the same trade.
Regulatory pressure
Regimes like EMIR, MiFID II, SFTR, and Dodd-Frank demand accurate reported data and timely break resolution.
These realities make OTC reconciliation one of the most demanding areas of data reconciliation, and a natural fit for a dedicated platform like NeoXam Aro.
Advanced Reconciliation for OTC Derivatives
NeoXam Aro transforms reconciliation from an error-prone function with many human inputs into an intelligent, flexible operation layer that empowers your teams to focus on what matters most.
Advanced Matching Engine
- Native support for complex matching relationships, i.e. 1:1, 1:M, and M:N
- Smart matching to learn mapping logic and identify match candidates automatically
- Configurable tolerances for each reconciliation field, including notional, rates, spreads, FX, and dates
No-Code / Low-Code Configuration
- Business users define and maintain reconciliation rules, match keys, and tolerances without coding
- Rapid onboarding of new instruments, data sources, and counterparties
- Build and adjust recon processes in hours instead of months, reducing dependency on IT
- Governed low-code extensions for advanced scenarios while keeping the platform configurable
Data Ingestion & Normalization for OTC Products
- Ingests all counterparty supplied formats - CSV, TXT, JSON, etc
- No-code mapping of fields like UTI/UPI, etc,
- Normalizes product names, lifecycle codes, and static data
- Reusable templates per source (Counterparty, CCP, trading venue) for consistent and scalable onboarding
AI-Driven Exception Management
- Real-time monitoring of unmatched breaks with intuitive dashboards
- Automatic bucketing of repeat exceptions and pattern detection
- AI-powered root-cause identification (e.g. static data, lifecycle, or booking issues)
- Suggested resolution paths and likely owners to shorten turnaround times and reduce manual investigation
Valuation, Collateral & Margin Reconciliation
- Reconciles any data: positions, trades margin calls, posted collateral etc.
- Compares all available fields, from Notionals, mark-to-market, Cost, P&L to sensitivities between sources
Reporting, Management Metrics & Control
- Operational dashboards for match rates, break aging, exposure, and counterparty risk
- Trend and root-cause analytics to drive structural remediation and process improvement
- Full audit trails of rules, decisions, and workflows, supporting strong governance and assurance
Unified, Scalable Reconciliation Platform
- End-to-end OTC derivatives reconciliation software in a single environment
- Supports enterprise-grade volumes and complex, multi-asset post-trade flows
- Flexible deployment: on-premise, cloud, or SaaS, aligned with your target architecture
- Reduces manual work, improves match accuracy, and strengthens risk and regulatory controls across OTC derivatives.
Trusted by Institutions That Rely on OTC Derivatives
For Asset Managers
- Promptly detect, assign, and resolve any discrepancies with the street - Align IBOR and ABOR views - Integrate with front, middle, and back-office platforms - Ensure timely NAV calculations and audit compliance
For Custodians & Service Providers
- Deliver accurate, automated reconciliation services at scale - Accelerate onboarding of new clients and reconciliation templates - Manage 000’s of reconciliations at scale - Meet strict SLAs by reconciling and resolving issues to ensure the NAV deadline is achieved.
For Investment Banks
- Match across counterparties, clearing houses, and trading platforms - Ensure completeness and accuracy across internal books and external positions - Improve reconciliation SLAs and reduce operational risk
Key Platform Benefits
Low-code rule creation
- Empower business users to own reconciliation logic. - Speed up onboarding of new reconciliations, instruments, and counterparties, from months to hours.
Improved match accuracy
- Advanced matching and AI-augmented learning push match rates from about 95% up to 98.5%+. - Fewer breaks, lower escalation and investigation costs.
Less manual work, more control
- Up to 70% reduction in exception volumes and 50% less manual intervention, freeing teams for higher-value analysis.
Unified, scalable reconciliation platform:
- End-to-end capabilities, data ingestion, transformation, matching, and exception handling, in one place. - Intuitive dashboards, collaboration tools, and comprehensive audit trails.
Lower cost and better compliance
- Reduced vendor sprawl and integration complexity. - Controls aligned with MiFID II, EMIR, SFTR and internal risk policies.
Why Choose NeoXam Aro for OTC Reconciliation?
Designed for complex, multi-dimensional matches across derivatives trades
AI-powered resolution and exception prediction
Modular and pay-as-you-use pricing
Supports financial data reconciliation across all post-trade flows
Proven ROI with match rate increases, cost savings, and faster turnaround
What makes NeoXam Aro different from other reconciliation tools?
NeoXam Aro is built specifically for financial institutions handling complex assets like OTC derivatives. Its ability to transform any format into reconcilable data, supports of multi-dimensional matches natively, uses AI to reduce exceptions, and integrates reconciliation, transformation, and reporting in a single platform.
Can NeoXam Aro reconcile across multiple systems?
Yes. Aro ingests data from multiple internal and external sources, including counterpartys, trading platforms, and accounting systems, to support full end-to-end reconciliation.
How does NeoXam Aro help with compliance?
The platform includes real-time audit trails, exception workflows, and reporting features designed to help institutions meet strict risk and compliance requirements.
Is NeoXam Aro only for OTC derivatives?
No. While optimized for complex asset classes like OTC derivatives, Aro also supports reconciliation for equities, fixed income, cash, positions, and accounting records (IBOR vs. ABOR).
Can we deploy NeoXam Aro in the cloud?
Absolutely. You can deploy on-premise, in a public cloud environment, or through NeoXam’s managed SaaS offering, whatever fits your architecture and strategy.
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