Risk AdvisoR y seR vices Case Study Reconciliation Process Centralization Client wanted to centralize the ownership, reconciliation and maintenance of external accounts across a complex entity structure. Challenges y External accounts in previous model were opened, maintained, and reconciled by individual departments globally that did not communicate with each other y Client needed to identify scope of accounts in existence and their ownership responsibility in case of entity restructuring y Initially over 1,500 accounts with unknown activity requirements and outstanding balances y New centralized account maintenance and ownership model needed to be communicated to and confirmed by current process owners y Client needed resources and expertise with complex reconciliations

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