AutoRek: reconciliation, financial controls and regulatory evidence

AutoRek provides financial-data controls and reconciliation software for brokers, banks, asset and wealth managers, payments firms, insurers and other financial businesses. Its capital-markets offering explicitly includes FX and CFD firms. The operating job is to bring records together, identify differences, assign exceptions and produce a controlled sign-off. For a broker, that makes the product relevant to cash, positions, settlement and client-asset oversight rather than to the trading terminal itself.[2][3]

The securities functions distinguish an accounting book of record, or ABOR, from an investment book of record, or IBOR. AutoRek compares the positions, cash and transaction activity used by those records and by NAV processes. A break can be routed to the responsible team for investigation. Reconciliation identifies and tracks a difference; it does not by itself explain which upstream record is correct.[4]

A separate operating connection was announced with Linedata on 29 September 2026. In that arrangement, Linedata makes AutoRek available as a managed service within its co-sourcing offer, with trained staff operating the platform. It is a service partnership and sits alongside Linedata’s own reconciliation capabilities.[14]

AutoRek’s core product describes a pay-as-you-use SaaS model with maintenance included. The reviewed public material does not disclose the monetary rate, billing units, minimum commitment, onboarding charge or overage schedule. A price comparison therefore requires a scoped commercial quote; the published model is not enough to calculate a cost per transaction.[1][16]

Configuration is exposed through a low-code or no-code interface. The provider identifies permission groups, source ingestion, mappings, schedules, matching rules and management information as configurable elements. The core workflow also separates rule creation, approval and execution. These controls matter because a change to a matching rule can change which differences are automatically cleared.[11][1]

For the SaaS service, AutoRek advertises round-the-clock managed infrastructure covering maintenance, upgrades and support. This describes the managed environment; no numerical case-response or resolution SLA is published in the reviewed pages. ARIA adds product guidance and configuration assistance, but it is a software capability rather than a published replacement for an escalation team.[11][10]

The company lists offices in Glasgow, Edinburgh, London, New York and Miami. Those locations establish an operational presence, but do not define a universal time-zone schedule for every customer-support contract. The published enquiry form is the verified general contact route used here.[16]

AutoRek’s regulatory modules provide calculations, monitoring, evidence and workflow. A CASS or safeguarding product description does not establish that the vendor holds a firm’s client money, acts as its safeguarding bank or has certified the firm’s compliance. The firm’s own regulated activities and control responsibilities remain distinct from the supplied software.[6][7]

The reporting offering supports an evidence repository, electronic sign-off and retained information, and can supply data to existing regulatory-reporting systems. This separates the reconciliation record from the ultimate regulatory return. Its product page names regimes including MiFID II, EMIR and SFTR as reporting contexts, but does not establish blanket coverage of every reportable transaction or an unconditional direct-filing service.[8]

Operator

API Software Limited, trading as AutoRek

Service scope

Financial data controls, cash and securities reconciliation, exception management, attestation and regulatory reporting for financial institutions. The product portfolio also includes ARIA assistance, Grath SaaS and Topa embedded infrastructure.

Customer types

Brokers; FX and CFD firms; Asset managers; Wealth managers; Banks; Payment institutions; E-money firms; Insurers; Pension funds; Crypto businesses

Delivery

SaaS; Hosted; API; Managed service

Pricing publication

Not disclosed

Headquarters

Glasgow, United Kingdom

Platforms

AutoRek; ARIA; RegToolkit; Grath; Topa

Integrations

REST API; SWIFT MT and MX messages; Calastone; Linedata co-sourcing

Pricing scope

The core platform describes a pay-as-you-use SaaS model without a monetary rate, billing-unit schedule or published minimum.

Implementation

Data sources, rules, permission groups, schedules and exception workflows are configured for the operating process. AutoRek publishes Azure SaaS and private-cloud routes; Grath and Topa have distinct delivery models.

Support

The SaaS offering includes 24/7 managed infrastructure for maintenance, upgrades and support. Product contact is available through the official business form; no universal case-response SLA is published.

Permissions and regulatory scope

AutoRek supplies controls, calculations, evidence and reporting workflows. Its CASS and safeguarding modules do not themselves hold client money or establish that a customer satisfies its regulatory obligations.

Provider metadata checked 21 Oct 2026Source 1Source 2Source 5Source 6Source 7Source 11Source 10Source 13Source 14Source 15Source 16

ARIA is described as assistance for users and managers: it can guide configuration, suggest matching rules, identify anomalous feeds and help explain exceptions. The provider also describes learning from user actions. Those are vendor capability claims; no independent match-rate or accuracy result was measured for this profile. The documented rule-approval and attestation workflow is the more concrete evidence of how operational responsibility is recorded.[10][1]

Public assurance wording is not fully consistent. The securities-reconciliation and data-management pages retain references to SOC Type 1, while the current Trust Centre lists SOC 1 Type 2 and SOC 2 Type 2 documents available on request. This profile preserves that difference and does not substitute the public labels for the underlying reports or their periods.[4][5][12]

AutoRek’s cash records give a practical distinction between a financial break and its resolution: the balance view shows what remains unreconciled, while the audit report records the action, timing and sign-off. Data-management views can aggregate or drill down into the same underlying activity. Those records make an investigation traceable without implying that a high automatic matching percentage proves every source record was correct.[3][5]