🎉 2025 Year-in-Review: The Most Transformative Year Yet for Reconciliation Technology

Dec 31, 2025

3 min read

As we wrap up 2025, one thing is crystal clear: Reconciliations had their glow-up moment. What was once the quiet back-office workhorse has now become a centre-stage engine for operational excellence, AI innovation, and regulatory resilience.

Across asset management, banking, payments, fintech and beyond, this year brought more progress than the previous three years combined. And the best part? The momentum isn’t slowing down.

Below is a friendly tour of the biggest innovations and standout moves from across the reconciliation ecosystem in 2025.

🚀 Big 2025 Innovation Themes in Reconciliation

This year, nearly every leading platform pushed forward in three major ways:

1. AI That Understands the Business, Not Just the Data

2025 was the year AI finally learned the difference between a real break and a headache waiting to happen. Platforms introduced:

Intelligent exception routing
Natural-language break explanations
Confidence scoring for AI-matched items
Transparent model governance to satisfy SR 11-7 and EU AI Act requirements

2. Real-Time (Or Close Enough) Reconciliations

Firms accelerated away from T+1 thinking. Event-driven ingestion, message-level matching, and instant exception creation became must-have capabilities across the vendor landscape.

3. Governance & Controls Growing Up Fast

While AI got all the headlines, reconciliation governance quietly levelled up too:

Full audit stories
Model-risk dashboards
"Explainability-first" matching
Better regulator-ready reporting

2025 was the year reconciliations stopped being “just an ops task” and became a strategic control function.

📘 The Big Finale: Every Vendor Participated in the ReconIQ 360 Buyers Guide

One of the most exciting milestones this year wasn’t just the innovation — it was the collaboration.

Every company listed here participated in the creation of the ReconIQ 360 Buyers Guide, launching January 2026:

ReconIQ would like to thank Thomas Posad Sascha Münger Peter Engel Clément Bourcart Tiago Veiga Jack Niven Nilotpal Chanda Jacob Claflin Piers Williams Martin Burn Amrik Sanghera Julian Trostinsky Jonathan Scappaticci Nathan Gee Billy Coleman Shikar Ajodiah Elizabete Andersone Rohit Sehgal Matt Dolton Tracey Lall PhD Robert Cohen John Bevil Valentina Ilieva and their teams for all the hard work that went into answering hundreds of questions about their companies, their products and their specialisations.

This guide brings:

Indepth product, company and expertise overviews by company
Clear strengths & use cases for each platform
Practical guidance for banks, asset managers, sovereign wealth funds, insurers, fintechs & anyone requiring reconciliation capabilities
Unbiased, vendor-agnostic insights (the thing ReconIQ is known for)
A roadmap for firms modernising their reconciliation landscape

It’s the first time the reconciliation industry has come together in this way — openly, transparently, and with the shared goal of helping buyers make better decisions.

If your 2026 plans include modernising reconciliations or strengthening controls, this guide will be your new favourite resource. If you'd like early access to the Buyers Guide when it drops in January, just send Marc McCarthy a message — happy to share.

🔥 Final Thoughts — And a Clear Next Step for 2026

2025 proved something important: reconciliations are no longer a back-office afterthought — they’re a strategic lever for risk reduction, operational efficiency, and AI-driven transformation.

The tools got smarter. The controls got stronger. And the industry got more collaborative.

As firms plan their 2026 roadmaps, one thing is already clear:

You cannot afford to go into your next reconciliation project without an expert, senior-led partner who lives and breathes this space.

At ReconIQ , this is our whole world — not one service line among many. We’re boutique, we’re specialised, and we’ve already helped 60+ global financial institutions modernise their reconciliation and control environments with less risk, less rework, and far less confusion.

So here’s the invitation:

👉 If you're planning a reconciliation, control, or data transformation project in 2026, bring ReconIQ into the conversation early. We’ll help you make smarter technology decisions, avoid expensive pitfalls, and build a future-proof operating model that actually works in real life — not just on a slide.

Whether you're selecting a platform, scaling AI, re-engineering processes, or trying to get audit off your back… we’re here to guide you.

Let’s make 2026 the year your reconciliation function becomes a genuine competitive advantage.