Linedata Partnered With AutoRek for Automated Reconciliation
Asset managers can now outsource reconciliation software management to Linedata operations teams.
Updated on Sept. 29, 2026 in Financial Services
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Linedata has entered a strategic partnership to deliver AutoRek’s automated reconciliation platform as a managed service. This co-sourcing model allows asset management firms to offload reconciliation software management to Linedata’s certified operations teams.
Why it matters
The partnership addresses barriers firms face in licensing, implementation, and staffing for reconciliation tools. By centralizing management, asset managers aim to reduce the significant portion of budgets currently lost to manual process errors.
Firms spend 15.9% of operational budgets on manual process errors, and research shows 53% of capital markets firms still rely on spreadsheets for reconciliation. Nearly 85% of firms anticipate future difficulty managing rising transaction volumes.
The players
Linedata
A global provider of credit and asset management technology and operational services.
AutoRek
A software company offering an automated reconciliation platform for the financial services industry.
The details
Linedata is integrating AutoRek’s software into its existing co-sourcing model, where Linedata’s own operations teams manage the platform on behalf of client firms. These teams have completed specific training and certification from AutoRek to support this delivery. The partnership also facilitates market expansion, giving Linedata access to AutoRek’s base in the UK and Northern Europe while providing AutoRek with entry into North America, APAC, and France.
Timeline
AutoRek conducted its research on industry reconciliation practices in 2026.
Linedata and AutoRek announced the partnership on September 29, 2026.
Market Landscape
This partnership marks an effort to move capital markets firms away from the historical reliance on manual spreadsheet-based accounting in back-office operations. It mirrors broader industry trends toward co-sourcing complex financial software to reduce operational overhead.
Asset managers should evaluate if their current reconciliation spending exceeds the 15.9% industry average for manual errors. Consider whether a managed co-sourcing model provides more cost efficiency than maintaining internal staff for software implementation and maintenance.
The takeaway
The move underscores the growing operational difficulty of managing transaction volumes through legacy, manual workflows. Operators should audit their current reconciliation process to identify if internal staffing or licensing barriers are masking hidden budgetary drains.
Further reading
For broader trends in back-office technology, visit Financial Services.
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