New York, NY — May 23, 2024 — EZOPS, a leading AI-focused fintech company, has been honored with the prestigious 2024 XCelent Award for Advanced Technology in Reconciliation Systems. This recognition comes as a testament to EZOPS' relentless commitment to transforming operational efficiencies in capital markets through innovative technology solutions.

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The XCelent Award, bestowed upon EZOPS by Celent, acknowledges the company's outstanding contributions to the reconciliation landscape. In a comprehensive report titled"Reconciliation Systems: Solutions for Capital Markets Firms," the research highlighted the transformative impact of modern technologies, such as artificial intelligence and machine learning, on the reconciliation process.EZOPS emerged as a front runner in this space, offering cutting-edge solutions that address the evolving needs of financial institutions.

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Since its inception in 2014, EZOPS has been dedicated to automating post-trade processing, compliance, and reporting functions, reducing reliance on labor-intensive manual processes. Co-founded by financial technology industry veterans, EZOPS has continually pushed boundaries to deliver exceptional value to its clients.

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"We are honored to receive the 2024 XCelent Award for Advanced Technology," said Sarva Srinivasan, co-founder and CEO of EZOPS. "This recognition underscores our commitment to revolutionizing the reconciliation landscape. We are grateful for the opportunity to empower financial institutions with AI-powered solutions that drive efficiency, accuracy, and transparency."

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At the core of EZOPS' offerings is its ARO product line, featuring machine learning-enabled data control and workflow automation solutions. The EZOPS ARO^®Reconciliation module, a key component of this suite, leverages unique features to handle complex reconciliations across various asset classes. This asset class-agnostic solution has garnered praise from users across multiple business lines, including custodians, banks, investment managers, hedge funds, and more.

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As financial institutions continue to navigate challenges in an ever-evolving market landscape, EZOPS remains at the forefront, driving innovation and delivering tangible value to its clients.