Fund Recs, a no-code platform to manage data connectivity, will help Ireland’s The Asset Management Exchange (AMX) automate EMIR reconciliations as part of a new partnership.
Fund Recs’ EMIR reconciliation module helps fund managers with their oversight requirements by ensuring all trade data reported for EMIR is complete, accurate and timely.
Speaking on the deal, Eoin Motherway, Ireland country head of AMX, said, “AMX is delighted to partner with Fund Recs in the continuing digitisation of our industry. Their agile solution matches our needs and they are a valued service partner in the AMXConnect Store, which we also invite other industry colleagues to peruse.”
AMX launched in 2017 and helps connect investors, asset managers and service partners so they can interact and transact from a single location.
Fund Recs CEO, Alan Meaney, said: “We are really excited to be working with AMX to support their EMIR oversight obligations. Oversight of the EMIR trade reporting process is a key focus for firms and we are continuing to invest heavily in our solution to ensure our client’s oversight obligations are met with ease.”
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