Increase Efficiency in Custodial Reconciliation by 69%

See how top regional bank M&T reduced risk and saved 283 hours per month in custodial reconciliation processing with SunriseRecon.

To overcome the challenges and risks of an Excel-based custodial reconciliation process, M&T Bank partnered with Integra Solutions to implement its SunriseRecon platform. The bank identified three key areas that contributed to those gains in efficiency:

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  • ✓  Process automation and agility: Automating many aspects of a mostly manual process reduced the risk of errors and decreased the time required to perform reconciliations.
  • ✓  Visibility and reporting: Real-time dashboards and streamlined reporting allowed the team to proactively address potential audit issues; adopt meaningful metrics and benchmarks; and understand previously hidden operational constraints.
  • ✓  Audit and controls: Thanks to built-in controls and paperless processing, SurniseRecon has decreased the time required for QA/QC by 62% and streamlined communication with auditors.

Now M&T Bank is poised to scale and grow through loan acquisitions.

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" The SunriseRecon suite offers a reconciliation solution that was long overdue in the industry. We were immediately impressed from Day 1, and the functionality it offers is amazing! "

- SVP, Top 20 Regional Bank

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