Case Study: Brown Capital Management achieves daily reconciliation and one-day month-end with SS&C Advent Recon

Brown Capital Management - Customer Case Study

Brown Capital Management, a $9.7 billion institutional asset manager and long-standing client of SS&C Advent, faced an inefficient reconciliation process: their prior system only reconciled positions and transactions, lacked a cash module, produced bulky 25–50 page month-end reports, and required the first three days of each month to complete reconciliation and address discrepancies.

SS&C Advent implemented Recon, its exception-based reconciliation solution, and collaborated on customized reporting and dashboards. Recon enabled daily reconciliation (cutting month-end from three days to one business day), added cash reconciliation alongside positions and transactions, improved custodian detail and audit trails, and reduced paper output to nearly paperless—freeing portfolio administrators, speeding break resolution, and delivering measurable time savings and greater operational transparency.

Brown Capital Management

Devin Dockery

Portfolio Administrator