Reconciliation experts

ReconIQ was founded in 2024 by two people who have spent their careers on every side of the reconciliation market: running it inside banks, selling and implementing it for vendors, and fixing it as consultants. We design target operating models, map data end to end across the enterprise and build reconciliation architecture that holds up in production and in front of the auditor. We are building a small partnership of senior specialists. No juniors learning on your project.

Marc McCarthy

Marc McCarthy

Founder and CEO

How it should work. Marc is a reconciliation operating model specialist with more than 25 years in financial services, at Tier 1 banks including Credit Suisse, Deutsche Bank and Standard Chartered, and on the vendor side at AutoRek. He starts with the business: what the operation has to deliver, what it costs today and what the board needs to see before it signs off. From there he builds the target operating model and the business case, and leads the vendor selection that turns them into a decision. Having worked on both sides of the table, he knows what sits behind every demo, so clients choose the right platform for the right reasons and can defend that choice to the regulator.

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Iain Colquhoun

Iain Colquhoun

Co-Founder and Principal Consultant

How it will work. Iain is a reconciliation data and architecture specialist with 40 years in post-trade operations. Most recently he led the enterprise data and control architecture programme at Citi's Global Reconciliation Utility, and before that worked at ICBC Standard Bank. He traces the data end to end, from the source system through every transformation to the matched record, so the lineage is understood and nothing is missed. That is the foundation he designs reconciliations on, whether on IntelliMatch, SmartStream TLM, AutoRek, Broadridge or Calixys, including client money and safeguarding reconciliations under CASS. The result is a design that covers every flow and every break type, with the controls to prove it, delivered exactly as designed.

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How we work with others

We are reconciliation specialists. For CASS legal and compliance advice, we work alongside CASS consultants, auditors and vendors we trust, and we are transparent about every referral relationship.

How we charge

Fixed fees, agreed in advance. Senior people only and no day-rate surprises.

Talk to the people who will do the work.

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