1. Reconciliation Overview

Reconciliation Overview

There are two different types of reconciliation that need to be done every day: 

• Custody accounts in Bricknode Broker in relation to other accounts in Bricknode Broker such as counterparty accounts and customer accounts and this is supported in the add-on, reconciliation manager. 

• Custody accounts in Bricknode Broker in relation to the custody account at the bank. This can be done from the position overview. 

Custody reconciliation

Navigate to House > Reconciliations > Custody Accounts 

Open

Position Reconciliation

Here is an overview of the custody accounts (internal custody balance) in relation to other internal accounts (internal balance) in Bricknode Broker such as counterparty accounts and customer accounts.
We recommend that you start with the position reconciliation for the internal accounts in Bricknode Broker. 

Select settlement in the balance dimension, and select to show only differences and yesterday's date on the balance date.

Open

Select settlement in the balance dimension, and select to show only differences and yesterday's date on the balance date.

Instrument Type: select if you want to reconcile a special instrument type or cash or both
Balance Dimension: settlement, trade
Only Differences: choose whether to show only differences
Balance Date: select which date you want to reconcile 
Difference Acceptance: amount or quantity. Differences below that value will not be displayed 
ISIN: view reconciliation for a specific instrument  

When you click the plus icon  you will receive more information about which account that is concerned. 

 Position History - gives you an opportunity to view positions in a particular asset where the internal accounts are compared to internal custody accounts. You can decide the date period and the default is one month back. Read more here.

Compare Transactions - Internal - compare transactions between internal accounts and internal custody to the actual balance date. Use this view to find transactions on the day the diff occurred. Read more here.