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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.

Modules & capabilities

AutoRek covers 27 of 50 capabilities we track in this category

54%
  • Bank statement ingestion (SWIFT/BAI2/CAMT/ISO 20022)APIs, SWIFT, ISO messages and file-based uploads
    Supported
  • Direct multi-bank connectivity
    Not evidenced
  • Credit card & POS/gateway reconciliationAccount, bank, credit card and POS/gateway reconciliations
    Core strength
  • Payment processor / PSP reconciliationWallet balance and B2B payment reconciliations
    Supported
  • Crypto & digital-asset reconciliationAutoRek MION: crypto-to-fiat and multi-blockchain matching to 18 decimal places
    Core strength
  • Securities, positions & custody reconciliationSecurities, positions, and fixed-asset reconciliations
    Core strength

“Not evidenced” means our research found no public documentation of this capability — the vendor may still offer it. Confirm on a demo.

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

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ERP integrations

Microsoft Azure
Native cloud infrastructure

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

Full AutoRek pricing breakdown — cost at 25/100/500 seats, competitor rates & FAQs

Model
Quote-based
Free trial
No

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.

What does AutoRek cost?

AutoRek prices by quote, like most of this category. Here is what actually drives your number — and what to ask before you get one.

  • Named usersa per-seat subscription, so cost scales with how many people need access (3 of 14 vendors here).
  • Modules selecteda base platform fee plus whichever functional modules you switch on (3 of 14 vendors here).
  • Data volumerows synced, storage consumed or compute used — usage-metered rather than seat-based (2 of 14 vendors here).
  • Implementation & onboardinga one-off setup fee on top of the subscription, quoted against your scope (2 of 14 vendors here).

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13 of the 14 vendors we track in this category publish no list price at all.

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

Alternatives to AutoRek in Bank Reconciliation

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.

Compare AutoRek head-to-head

Free PDF · Vendor-neutral · No sales calls

The Bank Reconciliation Buyer's Guide

Before you commit to AutoRek, see how it sits against the 14 bank reconciliation systems we track — on capability, ERP integration depth and what each one actually charges for.

Bank Reconciliation Buyer's Guide

14 systems compared · 2026

ERP Research

  • AutoRek compared side-by-side with 13 alternatives
  • ERP integration checklist — what to verify before you shortlist
  • The pricing questions that change the quote
  • A AutoRek evaluation brief, included with the guide
Free Download

Bank Reconciliation Buyer's Guide

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AutoRek doesn't publish a price. Tell us your ERP, seat count and must-haves and we'll come back with an independent view of what it should cost you — and which alternatives are worth quoting alongside it.

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