Case Study: Octopus Investments saves time and automates reconciliations with Aurum Solutions

Octopus Investments - Customer Case Study

Octopus Investments, a UK asset management company, faced significant challenges with its manual reconciliation processes for client money and assets. The team spent excessive time matching data from multiple sources and formats, which was a daily priority that hindered other activities. Seeking a solution, they evaluated several systems and chose Aurum Solutions for its flexible and cost-effective reconciliation platform.

Aurum Solutions implemented its automated reconciliation platform, which streamlined Octopus's complex processes. The solution enabled automated three-way cash reconciliations and provided robust reporting tools. This resulted in a quick return on investment, saving the team four hours daily and allowing them to complete all reconciliations by noon. Octopus also expanded the platform's use to include client asset and stock reconciliations, further leveraging the system's value.

Octopus Investments

Peter Orsi

Head of Operations