Confluence Rex
AI-powered financial document solution
Rex automates reconciliation and provides powerful document intelligence to enhance efficiency, accuracy, and cost savings across regulatory and financial reporting.
Streamline report reconciliation with unmatched AI efficiency
Confluence Rex is an advanced AI solution that transforms the reconciliation process across a wide range of regulatory and financial documents, including annual and semi-annual reports. By leveraging Large Language Models (LLMs), Rex quickly identifies discrepancies in language and numerical data between documents. By automating traditionally manual tasks, Rex enhances accuracy, reduces workload, and delivers significant efficiency, making it an indispensable tool for asset managers and fund administrators.
Beyond reconciliation, Rex provides powerful document intelligence, enabling extraction, validation, and conversion of unstructured data into usable formats for client systems. This dual functionality streamlines complex document management workflows and offers deep insights that drive operational excellence.
Unlock unprecedented efficiency and savings
Rex offers substantial benefits to asset managers, fund administrators, and other financial professionals.
“The challenge in financial reporting is enabling consistency and accuracy across multiple documents, often within very tight deadlines. Confluence Rex provides a 90% increase in efficiency, transforming how firms manage data reconciliation across critical reports.”
Todd Moyer
Transform data reconciliation
- Manual reconciliation challenges: Reconciling data manually across multiple financial and regulatory documents is time-intensive and prone to error, especially with tight compliance deadlines.
- AI-powered automation: Rex leverages LLMs to automate the review of information across and within regulatory documents and disclosures, saving time and enhancing accuracy.
- Interactive validation model: Rex includes a model that allows clients to ask questions, validate and source information easily, streamlining the verification process.
- Rapid processing: With Rex, the LLM-enabled reconciliation may take only minutes, turning tasks that typically take days or even weeks into a quick and efficient workflow.
- Time efficiency: Confluence estimates a typical manager with thousands of share classes and hundreds of data points per class would require hundreds of business days for manual reconciliation.
Using proprietary AI and LLM, Rex pinpoints inconsistencies between any financial reports, delivering significant efficiency and time/cost savings in the reconciliation process.
AI driven, business value derived
- Decrease reconciliation time while improving accuracy
- Leverage specialized reconciliation intelligence
- Utilize an intuitive, domain-specific user interface
- Demonstrate control compliance to stakeholders
- Adapt quickly to changing document comparison requirements
- Extract insights from unstructured documents with ease
Speak to Our Team
Additional Resources
Rex factsheet
In The News: Drawdown
Rex infographic
