Asset Management Reconciliation

hari@dasarpai.com (Dr. Hari Thapliyaal) — Sat, 11 Jul 2026 00:00:00 +0000

Part 8 of the Complete Guide to Reconciliation Systems in BFSI

At the end of a valuation day, an investment fund’s portfolio system and custodian agree that the fund owns 100,000 shares of a company. Operations celebrates a clean position reconciliation. Minutes later, the fund accountant reports that the fund’s net asset value is overstated.

The shares are correct. Their price is not.

The valuation system used yesterday’s closing price of USD 20.00 instead of today’s approved price of USD 19.50. The position is therefore overstated by USD 50,000:

Portfolio Accounting on dasarpAI

Asset Management Reconciliation