--- title: Sapient Launches Report Reconciliation Offering description: Sapient sets out to fix regulatory trade-reporting breaks with new automated reconciliation platform. --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/sapient-launches-report-reconciliation-offering#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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If there is discrepancies on how that is captured, then a client’s match rate is going to be extremely low.” The new platform identifies any data discrepancies by matching the client’s trade records that are stored on the clients’ systems to the corresponding records held in the trade repository and counterparties. “Essentially it identifies data inaccuracies and seamlessly gives users a way to the reporting breaks that the platform has identified,” he explained. “Let’s assume it found 50 errors and maybe you fix some trades on the back end. Then you run a reconciliation the next day and RegRecon automatically identifies that the errors have been fixed in the new run and closes all the tickets automatically.” Clients can license and host the module themselves or license it and have it delivered as software-as-a-service (SaaS). It also can be integrated with Sapient’s RegReport reporting module or other third-party reporting systems, according to Kurar. 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