Arcesium Data-Driven Reconciliation: A Modern Approach to Financial Management

Alex Dobson, Senior Vice President The finance industry is under tremendous pressure because of the rising operational complexity and increasing regulatory requirements. In such a scenario, the industry is witnessing a greater focus on data accuracy and operational efficiency to generate higher alpha. Spun out of D. E. Shaw Group, a global investment and technology development firm, Arcesium is a company with a team that has a long history of dealing with such complexities across a broad range of asset classes. Leveraging its experience, Arcesium—comprising hedge funds experts and technologists—has built a cloud-based solution suite that caters to the holistic needs of hedge fund managers and asset managers. The solution suite not only enables clients to handle market complexities at scale but also helps them improve their operational efficiency and reduce the resource overhead while their employees focus on value-added functions for greater outcomes.

Typically, funds find it daunting to manage their vast data that is constantly getting updated. The New York-based technology and professional services firm Arcesium ensures its clients have seamless access to all of their data to execute their operations. The company offers a reconciliation solution that compares millions of data records across any two datasets and produces key metrics and metadata which are available to the clients in real-time.