STaARS

STaARS is a reconciliation system that was built by Electra Information Systems. Gresham Technologies acquired Electra in June 2021, and the product now sits within Gresham's data integrity offering for financial services.

It automates matching of positions and transactions and tracks anything that does not match until it is resolved.

What STaARS offers

• Reconciliation — covers all security types and works across multiple systems and parties.
• Exception handling — opens and resolves exceptions based on user-defined rules.
• Linking — connects related unreconciled transactions, positions and cash.
• Notifications — alerts the right internal and external parties.
• Ageing and analysis — ages open exceptions and supports trend and risk analysis.
• Audit trail — keeps a complete record along with notes.

Who it works with

Buy-side and sell-side firms, banks and investment managers.

Key facts

• Owner: Gresham Technologies
• Acquired: June 2021
• Related offerings: managed services and cloud deployment