Solutions/Trade Confirm Reconciliation

Confirm, match, and review in minutes.

Our application ingests broker PDFs and internal trade data, automatically matches trades, reviews economic and legal terms, and routes disputes across brokers, legal, and portfolio managers — all in one workflow.

The Challenges of Confirming OTC Derivatives

Highly complex, non-standardized contracts

OTC derivatives rely on non-standard contracts for precise hedging and exposure, making smooth post-trade handling difficult.

Manual review teams can't keep up

Time constraints prevent trade ops, PMs, and risk teams from carefully reviewing the dozens of economic and legal elements per confirm, resulting in settlement delays and errors.

Breaks are common and costly

Breaks, which can occur in as many as 10% of confirms, take 230% more manual review time, and cost $200-300 more than a clean confirm.

No visibility into root causes or performance

Root causes of breaks aren't recorded, so teams can't track counterparty performance or improve the process.

How OnCorps Supports Derivative Confirmations

AI-powered PDF parsing

Automated matching

Legal and economic review

Dispute workflow and performance insights

Delivering Results for Industry Leaders

"OnCorps moved quickly to solve a longstanding industry challenge."

Josh Ratner, Head of Americas Operations, PIMCO

For six years, OnCorps has provided agentic AI solutions for investment operations.

"The words I love and the reason we like to work with you guys is the words in production. That tells me what’s real."

Declan Byrne, Asset and Wealth Management Global Assurance Lead, PwC

OnCorps has supported PwC’s AWM Managed Service business with agentic NAV oversight.

"The OnCorps algorithms provide us with the ability to surveil millions of lines of data from multiple sources. With this architecture in place, we are confident that the foundational data used by our front office is accurate, leading to quicker decision making and better results."

Erik Brown, Head of Fund Administration, PIMCO

For six years, OnCorps has provided agentic AI solutions for investment operations.

120+

Agents in Daily Production

1,000+

Exceptions Triaged by Agents Daily

1M+

Unique Securities Identifiers Processed

70%+

Reduction in time spent on reconciliations

Case Study

Top 5 global asset manager automates OTC derivative confirmations

The investment operations team at a Top-5 global asset manager needed to automate its OTC derivative confirmations process. Manual reviews were laborious and error-prone, paper-confirm delays created settlement risk, and root causes of breaks went unrecorded.

ReconAI

The agentic AI solution for investment operations. ReconAI identifies, investigates, and resolves breaks, on its own – so your team can focus on more complex work.

Performance Reconciliation

AI-powered performance reconciliation empowers teams to catch return discrepancies, investigate root causes, and validate results with greater accuracy, speed, and confidence.

Cash Reconciliation

AI-powered cash reconciliation auto-matches up to 95% of daily transactions and investigates every remaining break overnight — so your team starts the day reviewing resolutions, not chasing them.

Position Reconciliation

ReconAI ingests and normalizes position data, runs predefined checks to surface breaks, and deploys agents to investigate every exception and provide a root cause analysis – freeing up your team to focus on more complex work.

Let your team do their best work.

Book a Demo

Give operational teams the leverage to do their best work.