Praxient Capital LLP has gone live with the i-Recs Reconciliation Software from Watson Wheatley Financial Systems (WWFS). i-Recs performs daily cash and trade in addition to month-end NAV reconciliation across many asset classes with numerous data providers.
Chris Fincke, Chief Operations Officer of Praxient Capital LLP, asserts that i-Recs has contributed greatly to their control environment by improving the productivity of reconciliations between internal systems, administrator and counterparties, cost- effectively. Likewise, Duncan Wheatley, Director of WWFS shows pleasure at having Praxient Capital as part of their clientele. He explains that i-Recs is highly configurable and well positioned to serve current and future needs, possessing the ability to add new interfaces in extremely short spans.