Imagine a world where insurance payments are processed as quickly as your coffee order☕ …where fraud detection happens in real-time, and customers never face delays in claim payouts. That world doesn’t have to be fantasy (or at least, not entirely). Because insurance payment processing is transforming and the future is bright 🌟 Check out our latest blog to learn how technologies like AI and automation have the potential to transform the industry for the better. Read it here: https://lnkd.in/eBSyU5Pd
AutoRek
Financial Services
Glasgow, Scotland 5,979 followers
Leading provider of financial controls and regulatory reporting software solutions. Follow AutoRek for our latest news.
About us
Implemented in many of the world's largest organisations, our range of deployments vary from high volume data migrations, elimination of manual processes and spreadsheets, regulatory reporting, reduction in fast close processes, to mitigation of operational and regulatory risk. Our suite of solutions include: • Compliance and regulatory reporting solutions, including CASS and MiFID II Transaction Reporting; • Financial control frameworks; • Balance sheet certification/account attestation; • High-volume data migration; and • Automated cash allocation. Our solutions are purpose-built to improve the quality and efficiency of financial data management, from cost reduction and process efficiency projects, to improving adherence to regulatory reporting requirements. Arrange a demonstration at www.autorek.com
- Website
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http://www.autorek.com
External link for AutoRek
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Glasgow, Scotland
- Type
- Privately Held
- Founded
- 1994
- Specialties
- Data Management, Financial Controls, Reconciliation Software, Client Money, Regulatory Reporting, Compliance, Client Assets, Financial Services, Cash Allocation, Account Attestation, Balance Sheet Certification, Fast Close, CASS, and MiFID II
Products
AutoRek
Financial Close Software
AutoRek is a powerful automated reconciliations solution with complete advanced matching capability, automating up to 99.9% of reconciliations.
Locations
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Primary
10 Montrose Street
Glasgow, Scotland, GB
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8-9 Lovat Lane
London, EC3R 8DW, GB
Employees at AutoRek
Updates
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AutoRek reposted this
From #artificialintelligence (#AI) to #blockchain, the rapid evolution of #fintech has raised questions about balancing innovation and guardrails. Come learn more. Don't miss these 2025 #predictions from Nick Botha of AutoRek. https://lnkd.in/gWFy4FtC #automation
AutoRek 2025 Predictions: The Automation Edict - Is U.S. Finance Falling Behind Heading into 2025?
vmblog.com
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💡FCA’s latest supervision strategy – where custody and fund services firms must step up. The Financial Conduct Authority's new strategy outlines key risks and actions to safeguard market stability and protect customers. The focus areas? · Strengthening operational & cyber resilience · Improving oversight of third-party risks · Adapting to technological changes · Safeguarding client assets As the sector evolves, the ability to adapt and stay resilient is key. Learn how we can help you stay ahead of compliance requirements and streamline your operations. 👉 Visit our website to explore solutions today https://lnkd.in/eAJCFUJB #FCA
Automated Reconciliation Solution | AutoRek
https://www.autorek.com
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Insurance program administrators know complexity is part of the job. But inefficiencies in premium payment processes don’t have to be. In our latest blog, we explore how automation can transform complexity into opportunity. Discover how you can: · Streamline premium reconciliation · Boost cash flow · Eliminate costly delays 👉 Want to learn more? Read it here: https://lnkd.in/e9QbURuA
Mastering complexity: the premium payment processing revolution in insurance | AutoRek
https://www.autorek.com
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The strength of any financial organisation hinges on its ability to manage data effectively. One of the most critical processes in financial operations? Reconciliations. Without modernisation, firms risk overwhelming their teams with manual tasks and data overload, jeopardising both productivity and compliance. As UK regulators increasingly focus on a data-centric approach, managing data effectively is essential for staying compliant Ready to learn more? Visit our website to read the full blog and discover how to streamline your reconciliation process and optimise your financial operations for better efficiency and compliance. https://lnkd.in/eRVHyypC
Navigating the complexities of internal client money reconciliations | AutoRek
https://www.autorek.com
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Exciting news! Our team members, Jack Niven and Jonathan Scappaticci, are headed to InvestOps Connect USA tomorrow. They'll be connecting with industry leaders and innovators in the investment operations space. If you're attending, be sure to meet us at the event—we’d love to chat and explore how AutoRek can support your business!
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Nick Botha talks payments innovation, safeguarding and technology at #Money2020. In an interview with FF News | Fintech Finance, global payment sales manager Nick Botha, shares insights into: 📈 Rising data volumes and the need to automate - spreadsheets are no longer fit for purpose ➡️ The move away from legacy systems – out with the old (systems), in with the new (technologies) 🔒 Global safeguarding rules – segregating clients funds is not optional, but a necessity Watch the full interview below #payments #automation
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Last week, we hosted our annual customer conference. It was an incredible day packed with valuable insights and takeaways. Here’s a glimpse into what made the day unforgettable: 💭 Inspiring keynotes - the future of technology, client panels and the impact of AI 🚨 User and sector tracks - payments, asset management and insurance 🚀 New product launches - AutoRek Neo and AutoRek 6.14 A huge thank you to our amazing customers, speakers, and team who made the day a success!
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We're thrilled to welcome industry veteran Jonathan Scappaticci to AutoRek. He joins as Sales & Relationship Manager for North America, as we expand our reach in that region. Jon brings a wealth of experience partnering with major sell-side and buy side institutions and will add tremendous value to our team, our customers, and our partners.