Holdings and exposures
Ensure holdings align across custodians, statements, and internal tracking.
Reconciliation
Reconciliation software for family offices
Prevent reporting errors by reconciling positions, transactions, cash, and valuations across custodians, banks, administrators, and managers.
Short answer
Why reconciliation matters
Reconciliation turns fragmented source data into an explainable truth set—so reporting packs don’t depend on manual overrides and stale spreadsheets.
Scope
What needs reconciling
Family office reconciliation is not just positions—it includes documents, timing, and operational exceptions.
Balances and flows
Track cash, contributions, and distributions with clear provenance.
Alternatives timing
Handle delayed NAVs and document-driven updates without breaking the period close.
Workflow
A practical reconciliation workflow
Reconciliation should produce clear exceptions, clear owners, and a clear audit trail—before reporting is published.
Workflow steps
- Ingest and normalize sources
- Match positions, transactions, and cash
- Route exceptions to owners
- Record resolution notes and approvals
- Publish reporting from reconciled data
FAQ
Reconciliation questions
Clear answers for teams defining an auditable period-close process.
How do exceptions get handled?
Breaks are tracked as exceptions with owners, actions, and resolution notes, forming an auditable trail.
Do you support multi-currency portfolios?
Yes—multi-currency portfolios require consistent FX treatment and clear reporting views.
Is reconciliation upstream of reporting?
Yes—reporting should be downstream of reconciliation so outputs are explainable and consistent.
How do documents fit in?
Documents often contain the truth for alternatives and operational updates. Turoid supports document workflows as part of a reconciliation-ready operating layer.
Contact
Discuss reconciliation and period close
Speak with Turoid about a reconciliation-first operating model.