AutoRek
by AutoRek · Bank Reconciliation
Automated bank reconciliation and financial controls platform for regulated financial services.
Updated August 2026 · By the ERP Research Editorial Team · Independent and vendor-neutral.
- Works with
- Microsoft Azure
- Deployment
- Cloud
- Company size
- Mid-market, Enterprise
- Pricing
- Quote-based
- Headquarters
- Glasgow, Scotland, United Kingdom
Overview
AutoRek is a reconciliation and financial-controls platform built for regulated financial services firms rather than for general corporate ERP users. It automates bank, cash, securities, and transaction reconciliations, and layers on data management, financial controls and regulatory reporting so finance and compliance teams can replace spreadsheet-based matching with a rules-driven engine. The company is registered in Scotland and headquartered in Glasgow, with additional UK offices in Edinburgh and London and US offices in New York and Miami.
The platform ingests data in any format from APIs, SWIFT, ISO messages and file uploads, validates and enriches it, then runs configurable matching rules across account, bank, credit card, POS/gateway, balance sheet, supplier statement, scheme settlement, wallet balance, positions, fixed assets, cashflow, interchange fee and merchant bank reconciliations. On top of core reconciliation, AutoRek sells purpose-built modules: AutoRek ARIA (an explainable-AI layer for matching suggestions, anomaly analysis and exception prioritisation), AutoRek MION (reconciliation for crypto and multi-blockchain transactions with matching to 18 decimal places), and RegToolKit (a regulatory rulebook, risk-and-control mapping and breach-register tool built around the FCA's CASS 10/10A resolution pack).
AutoRek targets asset management, banking, insurance and payments firms, with named use cases including CASS client-money reconciliation, FCA safeguarding for e-money and Banking-as-a-Service firms, IBA/MGA insurance broker accounting, and securities and cash reconciliation for asset managers. It is a longstanding Microsoft partner, runs natively on Azure, and holds ISO 27001 and SOC 2 Type 1 accreditations.
Screenshots & demo
Screenshots sourced from AutoRek.
Features & capabilities
Automated Reconciliation
Rules-driven matching across a wide range of reconciliation types.
- Account, bank, credit card and POS/gateway reconciliations
- Balance sheet and supplier statement reconciliations
- Scheme settlement and interchange fee reconciliations
- Wallet balance and B2B payment reconciliations
- Securities, positions, and fixed-asset reconciliations
- Configurable, business-user-modifiable rules engine
- Support for unlimited transaction volumes without loss of speed or accuracy
- Largest documented single deployment processes 2.4 billion transactions
Data Management & Oversight
Ingestion, validation and standardisation of reconciliation data from any source.
- Ingestion of any data volume, format or file type
- Connectivity via APIs, SWIFT, ISO messages and file-based uploads
- Automated data validation, enrichment and transformation
- Full audit trails retained for every action
- Aggregated, disaggregated and drill-down transaction views
- Configurable dashboards and reporting labels
- Centralisation of multi-source data into a single standardised dataset
Financial Controls & Reporting
Control environment wrapped around the reconciliation process.
- Segregation-of-duties access controls
- Automated journal postings
- Variance analysis and intercompany processing
- Exception management and flagging
- Real-time management-information dashboards
- Integrity and validity checks on reconciled data
- Trending, forecasting and budget-vs-actual reporting
- Comprehensive audit trails for compliance
Regulatory Reporting & Compliance
Regulation-specific reporting workflows for financial services.
- Support for MiFID II, EMIR, SFTR, CSDR, CASS, IFPR and IFRS 17 reporting
- FCA safeguarding reporting for e-money and Banking-as-a-Service firms
- IBA/MGA insurance broker accounting reconciliation
- Electronic sign-off and record retention for governance
- Data enrichment, aggregation and disaggregation before reporting
- Output of data in any required format
AutoRek ARIA (AI Layer)
Explainable AI added on top of core reconciliation to speed configuration and matching.
- Step-by-step configuration guidance
- Learned matching suggestions to raise match rates
- Anomaly analysis that surfaces likely root causes
- Real-time, risk-based exception prioritisation
- Pattern detection and automated rule suggestions
- Manager-level real-time visibility into reconciliation status and workflows
RegToolKit
Standalone regulatory rulebook, risk and control mapping tool.
- Automated ingestion of regulator rulebooks via API/JSON with monthly updates
- Rule-applicability mapping per legal entity
- Electronic risk and control libraries linked to specific rules
- Three-way rule-risk-control mapping to surface control gaps
- Electronic breach register with remediation tracking
- CASS 10/10A resolution pack with mock FCA retrieval testing
AutoRek MION
Reconciliation for crypto and multi-blockchain transactions.
- Matching engine supporting 18 decimal places for crypto precision
- Real-time reconciliation across fast-moving crypto markets
- Blockchain data ingestion alongside existing financial-system data
- Custody and post-trade reconciliation connectivity
- Support for crypto-to-fiat and multi-blockchain transaction types
Common use cases
- Automating CASS client-money reconciliation for an asset manager or broker
- Meeting FCA safeguarding reporting requirements for an e-money or Banking-as-a-Service firm
- Replacing spreadsheet-based bank and cash reconciliation with a rules-driven engine
- Reconciling scheme settlement, interchange fees and merchant-bank transactions for a payments company
- Automating insurance broker accounting (IBA/MGA) and reinsurer reconciliations
- Building an auditable regulatory rulebook and breach register for CASS or safeguarding audits
- Reconciling crypto and multi-blockchain transactions to 18 decimal places
Strengths & considerations
Strengths
- Deep specialisation in regulated financial-services reconciliation (CASS, safeguarding, MiFID, IFRS 17) rather than general corporate reconciliation
- Purpose-built adjacent modules (RegToolKit for regulatory mapping, MION for crypto/blockchain) beyond core matching
- Documented deployments processing up to 2.4 billion transactions at named institutions
- Long-standing Microsoft Azure partnership with Financial Services AI solutions-partner designation
ERP integrations
Runs natively on Azure; listed on Microsoft Commercial Marketplace; Azure benefit eligible against MACC commitments; holds Microsoft Solutions Partner Certified Software Designation for Financial Services AI
Pricing
No published pricing; engagement starts with a demo, and cost is scoped to data volume and modules selected. Get an independent shortlist with pricing guidance below.
Technical & security
- Hosting
- SaaS on Microsoft Azure
- Compliance
- ISO 27001, SOC 2 Type 1, UKAS, FSQS
About the vendor
- Headquarters
- Glasgow, Scotland, United Kingdom
- Ownership
- Private
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AutoRek — frequently asked questions
What is AutoRek used for?
AutoRek is a reconciliation and financial-controls platform used by regulated financial services firms to automate bank, cash, securities and transaction reconciliation, replacing spreadsheet-based matching with a configurable rules engine and audit trail.
Does AutoRek integrate with ERP systems like SAP or NetSuite?
AutoRek does not publish prebuilt ERP connectors for systems like SAP, NetSuite or Dynamics. It ingests data from any source via APIs, SWIFT, ISO messages and file uploads, and runs natively on Microsoft Azure as its primary technology partnership.
What industries does AutoRek serve?
AutoRek is built for asset management, banking, insurance and payments firms, with specific tooling for CASS client-money compliance, FCA safeguarding, insurance broker accounting (IBA/MGA), and crypto reconciliation via its MION module.
How is AutoRek priced?
AutoRek does not publish pricing. Engagements start with a demo, and cost is scoped to the modules selected and data volumes processed.
What is AutoRek ARIA?
AutoRek ARIA is an explainable-AI layer added to the core reconciliation platform. It offers step-by-step configuration guidance, learns from user behaviour to propose likely matches, analyses anomalies to explain root causes, and prioritises exceptions by real-time risk.
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