Cardano Implements Intraday Recs via Electra Upgrade

FTF News by Eugene Grygo London-based Cardano Risk Management Ltd., a specialist fiduciary manager, has made the move to intraday reconciliation and reports that it is saving time and money via the more efficient operation. Part of the Cardano Group, the asset manager serves pension funds, insurance companies and other organizations. The London branch has been using a recs offering from ...

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Putting an E in Reconciliation

Despite the significant operational strides that the securities industry has made since the days when trades were done on paper, a small but significant number of exception transactions still cause inordinate headaches.

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