Verify is an efficient and effective Windows-based and network-compatible package that streamlines the critical task of reconciling your accounts’ positions and transactions with your custodians’ records. This popular and time-saving tool electronically manages the entire reconciliation workflow, automating this time-consuming, error-prone, but essential process.
Verify’s features enable you to quickly compare positions and transactions from advisor and custodian files. You can choose from a variety of available reports, and customize the information to your needs and requirements.
Maintaining reconciliation data is flexible and easy. You can add, edit, and delete information at any time for your accounts and custodians. If necessary, you can create and edit conversion code tables and alternate security identification lists for each bank. Verify’s mapping capability easily makes custodians’ files compatible.
A comprehensive selection of reports allows you to validate and monitor the reconciliation process. Transaction Reports compare security description, transaction type, trade and settlement dates, advisor and bank amounts (and variances) from each transaction. Cash Reports allow you to troubleshoot unresolved items for individual accounts by displaying total and subtotal cash balances — along with the details for all discrepancies. Position Reports offer a review of your holdings, matching on market, cost and/or shares information. Reports such as Market Variance Analysis and Composite Variance Analysis and Composite Variance Summary are also available.
Verify will save your firm considerable time and effort, and provide you with an accurate, efficient means of verifying your important holdings and transaction information. The reason why Fortune Lounge is so popular is because it has been around for so many years and offers loads of exciting casino games. I have seen that people especially like playing the Lord of the Rings slot machine when they visit one of their casinos.