Responsive Labs provides a Data Distribution and Reconciliation (DDR) platform that automates the secure exchange and reconciliation of operational data—such as entitlements, joiners, and leavers—between banks, asset managers, and aggregators. By using encrypted transfers, rule‑based validation, and real‑time discrepancy detection, the solution eliminates manual workflows, improves data accuracy, and supports compliance reporting.
Funding
$715.6K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Financial institutions and asset managers often rely on manual processes to reconcile entitlements, onboarding/offboarding data, and other operational information across systems. These manual workflows are time‑consuming, prone to errors, and can lead to compliance breaches.
Solution
Responsive Labs offers a Data Distribution and Reconciliation (DDR) platform that automates the secure exchange of operational data between banks, asset managers, and aggregators. The platform ingests entitlement, joiner, and leaver data from source systems, validates it against predefined rules, and reconciles discrepancies in real time. Secure, encrypted channels ensure data privacy while audit logs provide traceability for regulatory reporting. By eliminating manual data handling, the solution reduces operational overhead, improves data accuracy, and helps firms maintain compliance with industry standards.
Target Audience
Primary customers are banks, asset managers, and data aggregators that need to share and reconcile operational entitlement data across organizational boundaries.
Features
- End‑to‑end encrypted data transfer between financial institutions and third‑party aggregators
- Automated entitlement reconciliation with rule‑based validation and exception handling
- Joiner and leaver lifecycle management to keep access rights up to date
- Real‑time discrepancy detection and resolution workflow
- Comprehensive audit trail and compliance reporting dashboards
- API‑first architecture for seamless integration with existing banking and asset‑management systems