Reconciliation Plugin
This will continuously check the Positions between the broker and their coverage account, if it gives any difference then it will automatically informs the brokers via email, Telegram etc.
The Reconciliation Plugin is an essential tool for brokers, providing continuous monitoring and reconciliation of positions between their accounts and coverage accounts. This ensures transparency, accuracy, and prompt issue resolution.
Key features include:
Continuous Monitoring: The plugin constantly checks the positions held by brokers against their corresponding coverage accounts, ensuring that all records are up to date.
Automatic Discrepancy Detection: If any differences are identified between the broker's positions and the coverage account, the plugin immediately flags these discrepancies.
Real-Time Notifications: Brokers are promptly informed of any discrepancies through various communication channels, including:
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Email: Receive detailed reports directly in your inbox.
- Telegram: Get instant alerts via Telegram for quick action.
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Other Messaging Platforms: Additional communication options to suit your preferences.
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Risk Mitigation: By identifying and addressing inconsistencies quickly, the plugin helps minimize the risks associated with mismatched positions, ensuring smoother and more secure operations.
- Efficiency and Accuracy: The Reconciliation Plugin streamlines the reconciliation process, saving time and reducing the likelihood of errors, ultimately enhancing the broker's operational efficiency.