Rothera has deployed Smartstream’s Air platform to automate high-volume reconciliations across its CFTC-regulated event contract exchange and clearinghouse operations.
The implementation uses Air’s Cash and Data modules to replace manual processes and support reconciliation of around 1.7 million transactions each day within an automated, fully audited environment.
The initial deployment covers two reconciliation processes, Exchange-to-Clearing Instruments and Exchange-to-Clearing Trades, with additional workflows planned as the rollout continues. Smartstream’s AI-powered platform ingests, matches and reconciles high-volume data flows with minimal manual intervention. Rothera said the implementation has reduced manual effort, accelerated the identification of exceptions and provided a complete audit trail across its operations.
The deployment comes as rising transaction volumes increase the operational demands on Rothera’s post-trade infrastructure. The exchange plans to extend automation into further reconciliation workflows as its markets grow.
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