DOO Clearing selects Aurum Solutions

DOO Clearing has picked Aurum Solutions to automate its reconciliations.

The integration of Aurum鈥檚 automation software is said to enable DOO Clearing to better comply with client asset sourcebook (CASS) regulations by reconciling transactions with greater speed and accuracy.

Aurum鈥檚 automation also aims to eliminate the risk of human error that occurs within manual reconciliation processes, as well as reduce operational workload.

Nadine Howard, CEO and director at DOO Clearing, comments: 鈥淎utomating our reconciliations has been game-changing in getting valuable time back and enhancing productivity. This has given us 鈥� and the FCA 鈥� the confidence that we鈥檙e fully compliant and freed up our team to focus on delivering value for our customers.鈥�

Tiago Veiga, CEO at Aurum Solutions, adds: 鈥淢anual reconciliation is a huge headache for finance teams. Automating this process achieves a far greater level of operational efficiency and accuracy, which is critical for meeting stringent regulatory requirements like CASS.鈥�

← Previous industry article

Transcend expands platform offerings to Nomura

Next industry article →

ISSA welcomes Egyptian CSD as new member

Subscribe today

Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →