Shadow AI for investment management reconciliations
Natural language reconciliation rules
Specify how data should be reconciled in plain language. Upload PDF process manuals to describe your reconciliation processes.
Causal AI
Leverage state of the art structural causal models to describe how real-world scenarios affect reconciliation breaks. Get to root cause analysis with minimum manual work.
Modern data governance
Ensure the quality and completeness of data using AI powered sanity checks. Let our data governance agent manage your catalogue and ontology.
Starter packs available
Start of day cash reconciliation
Playbook manual, root cause investigation manual and domains for cash reconciliation between portfolio management and custodian
ABOR vs IBOR
Playbook manual, root cause invsetigation manual and domains for end of day positions reconciliation between portfolio management and fund accounting
Asset management firms surveyed report
What is Oper8?
Accurate, timely and auditable cash and positions reconciliation is fundamental to investment management operations. Legacy reconciliation systems use AI to classify breaks but they are black boxes and struggle to explain why a break happened.
Oper8 uses agentic AI with root cause analysis to connect real-world external causes with reconciliation breaks to power automation of research and remediations.
Meet the agents
Rex is your reconciliation operations manager. Rex looks after the daily reconciliation process and reports on progress throughout the day. The primary way to interact with Rex is a classic chatbot where you can ask about the current status of the reconciliation workflows and compare with previous days. Rex can also help with assisting during an audit or troubleshooting.
Dara is a data governance expert. Dara looks after data readiness, quality and modelling. Dara provides data management capabilities behind the scenes. Dara can also can have a conversation with you to build up a detailed ontology of all your data and catalogue it. This means the agents don't just know what data exists but also what it means.
Oper8 can be extended with other expert agents. These agents provide deep analytical expertise in areas:
- Verity - data quality analyst
- Alice - expert at cash reconciliation
- Bob - expert at balancing subscriptions and redemptions across administrator statements
- Grace - position matching analyst
- David - expert at middle office trade breaks and timing issues
- Carol - corporate actions specialist
- Chloe - taxes and fees analyst
- Emma - FX analyst
We believe
No ETL!
We don't want your data. Extract-Transform-Load (ETL) is a method for making a copy of data from one system to another. In highly regulated industries, storing operational data incurs fierce compliance requirements (rightly so). Oper8 connects to data in your systems of record or data warehouses without making a copy. It processes your data but it does not store it.
Causal AI beats traditional machine learning
Oper8 is designed to bridge the gap from break to root cause. Traditional machine learning can be hard to manage and it only goes so far. Classifying breaks as similar is only marginally helpful because two breaks that look similar breaks may have totally different root causes.
The people who know the data best should be in the drivers seat
Oper8 empowers the people who understand your operational data. Your practitioners share decades of valuable experience. We believe they should be empowered (not replaced). Operational manuals written by your experts can be directly reflected in the system and how it behaves. This means the system will adapt to changing circumstances.
Effective agentic AI must be built for enterprise
Oper8 works on your choice of AI models. This can be an in-house AI provider or a foundational model of your choice. Oper8 leverages Microsoft enterprise frameworks for safety and reliability. This means the AI agents only access resources explicitly granted permission and all work activity streams into Microsoft Teams for group review. Enterprise telemetry providers are also supported for technical monitoring.