Northern Trust Hedge Fund Services (NTHFS) has launched Rec Dashboard, an enhanced reporting tool that improves efficiency in account reconciliation.

The dashboard provides a comprehensive, real-time view of breaks and reconciliations in trade activity between NTHFS clients and other institutions.
 
As fund administrator, NTHFS reconciles client books and records with external custodians, futures clearing members, prime brokers and swap counterparties. Rec Dashboard users can create custom defined data views, monitor reconciliation completion and integrate break resolution into their own processes via the dashboard.
 
“As the importance of transparency continues to grow for hedge funds, we have enhanced our services to provide clients with more flexible views into data,” says Jeff Boyd (pictured), Head of Northern Trust Hedge Fund Services, North America. “Timeliness and accuracy of information is critical. By consolidating all breaks into an interactive graphical user interface, Rec Dashboard provides real transparency into the process of verifying trade activity, positions and balances, helping clients to more effectively manage breaks and measure risk.”