About a-team Marketing Services
The knowledge platform for the financial technology industry
The knowledge platform for the financial technology industry

A-Team Insight Blogs

Broadridge Partners Tookitaki to Deliver AI Based Data Reconciliation Platform

Subscribe to our newsletter

Responding to the ongoing industry challenge of data reconciliation, Broadridge Financial Solutions has released Data Control Intelligent Automation, an artificial intelligence (AI) and machine learning (ML) platform built for deployment across reconciliation, matching and exception management applications. The solution has been developed with Singapore-based Tookitaki, a provider of AI and ML technology.

The platform will allow customers to license modules on the platform that provide intelligent automation applications. The initial modules are Break Management and Recon Perform. Both modules provide enterprise wide capability, working across not only Broadridge reconciliation solutions, but also in-house and third-party developed solutions.

Alastair McGill, general manager of Data Control Solutions at Broadridge, says: “Intelligent automation will drive performance and productivity gains from incumbent reconciliation systems, especially where organisations have multiple vendor solutions in place.”

The Broadridge platform uses a distributed computing framework to deliver a high-performance and scalable matching and exception process. It is agnostic to the underlying reconciliation system and can be deployed on premise, on Broadridge managed servers or in the cloud. The Break Management module accelerates the investigation process, reducing resolution times by continuously improving break classification according to client-defined business reasons. Recon Perform automates reconciliation builds with an automatic matching scheme that uses supervised ML models and continuous matching scheme improvement, saving time and cost for firms managing large volumes of reconciliations. 

The Tookitaki element of the solution includes the company’s patent-pending explainability framework, which offers a ‘glass-box’ approach to ML models that allows users to view decisions made by the platform’s engine through a simple interface.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Are you making the most of the business-critical structured data stored in your mainframes?

Fewer than 30% of companies think that they can fully tap into their mainframe data even though complete, accurate and real-time data is key to business decision-making, compliance, modernisation and innovation. For many in financial markets, integrating data across the enterprise and making it available and actionable to everyone who needs it is extremely difficult....

BLOG

Data Surge Argues for Enterprise-Grade Lineage: Webinar Review

The ingestion of growing volumes of data into financial institutions’ systems is posing a pressing challenge as data managers seek to optimise their data lineage, according to the latest A-Team Group webinar. Being able track data as it enters and is distributed within organisations is essential for prising the most value from that information. However,...

EVENT

TradingTech Briefing New York

Our TradingTech Briefing in New York is aimed at senior-level decision makers in trading technology, electronic execution, trading architecture and offers a day packed with insight from practitioners and from innovative suppliers happy to share their experiences in dealing with the enterprise challenges facing our marketplace.

GUIDE

AI in Capital Markets: Practical Insight for a Transforming Industry – Free Handbook

AI is no longer on the horizon – it’s embedded in the infrastructure of modern capital markets. But separating real impact from inflated promises requires a grounded, practical understanding. The AI in Capital Markets Handbook 2025 provides exactly that. Designed for data-driven professionals across the trade life-cycle, compliance, infrastructure, and strategy, this handbook goes beyond...