iSquare

ALaS iSquare^TM (impact to impact Reconciliation Reporting System) is a centralized transaction and accounting reconciling package for fixed income businesses using impact from Broadridge Financial Solutions. It brings together information from impact, external clearing agencies and the firm’s centralized GL system and transforms and stores the data in a normalized format that allows reconciliation at various levels.

iSquare's main features are:

• Reconciliation of firm’s GL Account and impact GL Account at the balance level
• Drilling down to impact journal posting to individual GL account for break analysis
• impact to impact reconciliation of GL Account vs. Journal posting
• Journal posting vs. transactions, including interest, financing principal & interest, fails, pending transactions, open items and others
• Reconciling external agencies data (clearing bank and government agencies)
• Data export capable, spreadsheets or other formats, for data upload to other systems or management reporting