Who we work with
Reconciliation for Investment Managers
Aetherix runs the recurring position, trade, cash, margin, and counterparty-control workflow for investment-management operations teams. We work across your existing prime-broker, custodian, and internal systems without positioning another platform for your team to operate.
What makes reconciliation hard for investment managers
Investment managers trade across multiple venues, clear through multiple prime brokers, and hold assets at multiple custodians. Each counterparty reports positions and transactions differently — different identifiers, different settlement conventions, different timing. The OMS says one thing; the prime broker says another; the custodian says a third.
Complex strategies add derivatives, short positions, swaps, structured products, margin, and collateral to the operating workload. A single trade can touch the execution system, prime-broker account, portfolio book, and accounting platform. When one leg is booked differently or settles late, the operations team must identify the responsible record and contain the downstream effect.
The operations team is caught between two pressures: the front office wants real-time position accuracy for risk management, while the back office needs clean books for NAV and regulatory reporting. Reconciliation is the bridge — and when it is slow or unreliable, both sides suffer. Portfolio managers make decisions on stale data; compliance teams scramble to explain discrepancies to auditors.
Matching software can identify differences, but the operations burden remains: gathering controlled files, normalizing identifiers, investigating breaks, coordinating corrections, retaining evidence, and following open items to resolution. Aetherix is engaged to run that workflow under the manager's policies and approval controls.
What we reconcile for investment managers
Every reconciliation cycle produces a complete audit trail — what was matched, what broke, how each break was investigated, and how it was resolved. Your compliance officer can pull the evidence chain for any position on any date without reconstructing it manually.
For the underlying control definitions, source-system matrix, hedge-fund workflow, NAV sequence, and exception taxonomy, read theinvestment and fund reconciliation practitioner guide.
What changes when we run it
Your operations team moves from assembling and comparing files to reviewing supported exceptions and authorizing actions. Aetherix ingests approved data from prime brokers and custodians, preserves source lineage, normalizes identifiers and conventions, runs controlled matching, and presents breaks with the evidence available for investigation.
The front office and control teams receive a clearer distinction between agreed records, valid timing items, and unresolved exceptions. Authorized owners retain decisions over valuation, accounting policy, materiality, posting, and final certification.
When the manager adds a prime broker, strategy, or asset class, the operating scope is extended through documented sources, mappings, matching rules, exception ownership, and review controls rather than an informal spreadsheet workaround.
See how it works for your fund
We scope the engagement around your prime broker relationships, asset classes, and reporting requirements. No platform to install — we run the reconciliation for you.