Reconciliation Software by Profidata

XENTIS provides a unified data foundation and enables cross-system reconciliation of all relevant financial and transaction data. Holdings, bookings and cash flows are automatically consolidated and checked for consistency.

Reconciliation is performed according to configurable rules and reconciliation frequencies. Absolute and relative tolerances, along with individually defined thresholds, enable precise variance analyses. Real-time reconciliations minimise manual intervention and ensure seamless data quality.

Regulatory assurance begins with reliable data. With our Reconciliation Software, you can be confident that all information used in your reports is complete, accurate, consistent and fully auditable. XENTIS helps you minimise risks and meet regulatory requirements with confidence and precision.

XENTIS offers maximum flexibility when reconciling different data sources. External data can be compared with data generated within XENTIS, or even between multiple external sources – for instance, when several banks or data providers are involved. In addition, reconciliations can be performed entirely within XENTIS itself, such as comparing today’s valuations with those of the previous day. If required, multiple data sources can be reconciled simultaneously – delivering even greater transparency and accuracy.

Reconciliation in XENTIS is multidimensional and can be carried out across all relevant levels – funds, portfolios, positions, instruments, transactions and bookings. This makes it possible not only to identify discrepancies at fund or portfolio level, but also to trace them precisely down to the individual booking or specific instrument.

Financial institutions face the daily challenge of processing vast volumes of data from a wide variety of sources. Trading platforms, custodian banks, core banking systems and fund accounting solutions all provide information that may differ in detail. Without a structured reconciliation process, inconsistencies arise – increasing the risk of wrong decisions and operational losses.

With Profidata’s Reconciliation Software, this challenge becomes manageable. XENTIS consolidates data from internal and external systems, ensuring that holdings, transactions and cash flows are automatically checked for consistency. Deviations are not only detected but also analysed according to defined tolerances and documented in a fully auditable manner. The result is a unified data foundation that promotes transparency and meets regulatory requirements.

The close integration of data management and reconciliation ensures that you always maintain full control over your data. While data management provides the framework for capturing, validating and storing information, Profidata’s Reconciliation Software guarantees that this data remains accurate, consistent and synchronised at all times.

The reconciliation module in XENTIS includes integrated workflow functions that enable the structured processing of discrepancies. These range from simple status levels such as “Deviation in progress” or “Deviation approved” to more complex, client-specific workflows incorporating the four-eyes principle. This flexibility allows the solution to be precisely aligned with your institution’s organisational requirements and internal control mechanisms.

Reconciliation in XENTIS is not only powerful but also designed for practical use. Reconciliations can be repeated at any time within the system – for example, after corrections have been made – and all results are stored historically. In addition, the module provides direct, immediate access to imported external data. This feature is particularly valued by clients, as it enhances transparency and significantly improves data traceability.

More than 33,000 funds and over €4.5 trillion in assets are currently managed with XENTIS. Banks, insurance companies, fund management firms and asset managers rely on Profidata when it comes to consistent data flows and regulatory assurance. Our experts will be pleased to demonstrate, in a personal consultation, the advantages XENTIS Reconciliation Software can offer your organisation. With XENTIS, you automate the reconciliation of complex data structures, meet all regulatory requirements and create transparency across the entire investment process.

Our software helps you ensure consistent data – from transaction processing to regulatory reporting. You can also benefit from other solutions and discover our comprehensive services: Managed Business Services and Professional Services.