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March 1, 2024
Finance Technologies

AutoRek wins Bank of England’s tender for reconciliation tech

Bank of England selects AutoRek’s regtech The Bank of England selected AutoRek’s automated reconciliation and data management solution, to be implemented in two phases across finance and operations. The new tech will provide a centralised platform for the bank’s daily and monthly reconciliation tasks. The contract was awarded following a competitive tender, according to the vendor. “It is a testament to the whole AutoRek team that we have been able to successfully engage with an institution such as the Bank of England,” says Gordon McHarg, managing director at the regtech firm. “I look forward to AutoRek delivering value and efficiencies…
AutoRek wins Bank of England’s tender for reconciliation tech

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