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INTEGRATIONS —
Finbourne LUSID
FINBOURNE and Taskize have joined forces to help operations teams in capital markets organisations manage breaks, reconciliations, and exceptions faster and with increased accuracy.

FINBOURNE/TASKIZE INTEGRATION — KEY BENEFITS

Increase efficiency
Significantly reduce the number of hours needed to identify and manage exceptions, freeing your team up to concentrate on more important activities.

Reduce risk
Be confident that when issues or exceptions are encountered, they are being tackled in a robust, consistent, and auditable way.

Enhance collaboration
Break down silos between different departments and organisations, ensuring that all relevant teams have visibility into issues and can collaborate in real-time.
"For our clients, the ability to configure and control complex workflows on the platform is a given; the next challenge is reducing resolution times for intraday breaks in their book of record, and this enhanced integration with Taskize does just that, freeing up staff to focus on other tasks."
Gus Sekhon, Head of Product, FINBOURNE Technology

How does it work?
Challenge
Every day, the Operations Team at an asset management firm handles huge amounts of data. They receive hundreds of files from multiple fund administrators, each varying dramatically in quality and accuracy.
The Operations Team needed a way to quickly compare the data provided by the custodian with their own records, identify discrepancies, understand why the discrepancies occurred, and flag any issues to the relevant team for speedy and consistent resolution.
Outcome
With the automated process in place, the firm achieved a significant reduction in the number of hours needed to manage the end-to-end process, while simultaneously improving confidence in the accuracy of their data.

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