THE IMPACT OF RECONCILIATION PROCESSES ON OPERATIONAL EFFICIENCY IN FINANCIAL MARKETS

AUTHOR – MANAV K THAKKER, STUDENT AT FINANCE DEPARTMENT, GIBS B SCHOOL, BANGALORE

BEST CITATION – MANAV K THAKKER, THE IMPACT OF RECONCILIATION PROCESSES ON OPERATIONAL EFFICIENCY IN FINANCIAL MARKETS, ILE MULTIDISCIPLINARY JOURNAL, 4 (1) OF 2025, PG. 64-68, APIS – 3920-0007 | ISSN – 2583-7230.

ABSTRACT

Reconciliation processes are critical to maintaining financial integrity and operational efficiency in financial markets. This study explores how reconciliation practices streamline operations, ensure compliance, and mitigate risks. Using a combination of qualitative and quantitative research methods, the paper examines existing reconciliation frameworks and their effectiveness in enhancing accuracy and efficiency in financial transactions. The findings underscore the importance of automation, integration, and accuracy in reconciliation processes, while also highlighting challenges such as data discrepancies and manual interventions. Recommendations for future improvements and technological innovations are discussed.

Keywords – Reconciliation, Financial Markets, Operational Efficiency, Compliance, Automation, Data Discrepancies