Tool profile
AutoRek: cost, fit and limits
AutoRek is a financial control and reconciliation platform made by API Software Limited in Glasgow that matches data across systems and uses an AI layer called ARIA to prioritize breaks and map data lineage. Its named clients are mainly UK and European financial institutions.
What to know first
AutoRek's home page leads with ARIA, described as explainable AI built for financial control, and lists four products: AutoRek, ARIA, MION and RegToolKit. It names data conditioning, lineage mapping, anomaly detection and prioritized breaks. It shows no price, integration list or certification text, and its privacy policy does not discuss AI. Ask for a demonstration on your own data before judging how the AI behaves.
AutoRek at a glance
| Maker | API Software Limited, United Kingdom |
|---|---|
| Free plan | No |
| Entry price | Quote only |
| API access | No |
| Category | Best AI Financial Close Software in 2026, rank 9 of 10 |
| Website | autorek.com |
Who AutoRek is best for
UK asset managers and insurers
Clients shown include Royal London, Aegon, Howden and Stanlib, so regulated UK financial firms are a core audience. Ask for references at firms of a similar size, since the home page shows logos but no counts.
Fintechs with high-risk breaks
ARIA prioritizes high-risk breaks and offers guided resolution, which suits teams that cannot review every exception. Teams that cannot review every exception can concentrate on the items most likely to matter first.
Operations teams without developers
The page stresses no-code configuration and says it accepts any data, any format, any scale. Ask which sources have been connected before and how long a new feed usually takes to configure.
Firms handling regulatory reporting
RegToolKit is listed as a product, though the page does not describe it. Ask what it covers and whether it is licensed alone, since the page names it without detail.
AutoRek plans and pricing
| Plan | Price | What it includes |
|---|---|---|
| AutoRek | Not shown | Core reconciliation platform for matching data across systems. Ask for a quote that names modules, volumes and the number of reconciliation processes. |
| AutoRek ARIA | Not shown | Explainable AI for financial control, covering matching, break prioritization and guided resolution. Ask which ARIA functions are generally available and whether they carry a separate license. |
| AutoRek MION | Not shown | Named on the home page without a description. Ask what it covers and how it relates to the core platform, since the page does not explain. |
| RegToolKit | Not shown | Named on the home page without a description. Ask what regulatory work it supports and which jurisdictions its templates cover today. |
Checked November 2026.
What AutoRek does
- Data conditioning
- Incoming data is cleaned and standardized before matching, with lineage mapping to show where each value came from. Ask to see lineage for a sample value, so you know whether the map is usable by an auditor.
- Anomaly detection
- The AI layer flags unusual items in data, so analysts see outliers instead of scanning full files. Ask how often it fires on your data and how a false alarm is dismissed and recorded for later review.
- Intelligent matching
- Automation matches items and the page says the AI continuously improves accuracy over time. Ask for evidence of the improvement on a customer like yours, because the page gives no measurement.
- Break prioritization
- High-risk breaks are ranked first, with guided resolution for real-time reconciliation. Ask how the ranking is calculated, so a controller can explain why one break was reviewed before another.
- No-code setup
- Configuration needs no code, according to the home page. Ask who maintains the rules after launch, and what skills a finance analyst needs to change a match configuration.
How AutoRek handles your data
AutoRek's privacy policy names API Software Limited, trading as AutoRek, registered in Scotland with an office at 10 Montrose Street, Glasgow, and refers to UK data protection law and the ICO. It does not mention AI or machine learning, and it gives no fixed retention periods for most data, saying data is kept as long as reasonably necessary. It covers the website, which is hosted by Lumisi Ltd in the UK and WP Engine in the US. Product hosting, certifications and the AI training rule were not checked, since the home page shows only badges.
Where AutoRek falls short in practice
- Policy covers the website. The privacy policy describes website data, so it says nothing about how product data is stored or whether ARIA learns from it. It leaves a buyer without a written rule on how product data is stored or whether the AI learns from it.
- Certifications as images. Footer badges suggest UKAS and ISO marks, but no text names a scheme or scope, so request the certificates. Request the certificates, their scope and expiry dates before relying on the badges for a security review.
- No integrations named. The home page says any data and any format but lists no connectors, so ask for the sources it supports. Ask for the list of supported sources and file formats, and test one of your own awkward feeds.
Works with
Alternatives to AutoRek
AutoRek: common questions
What does AutoRek ARIA do?
The home page describes ARIA as explainable AI built for financial control, with data conditioning, lineage mapping, anomaly detection, intelligent matching and prioritization of high-risk breaks. Ask for a trial on your own data. Ask for a trial on your own data, and measure how many true breaks it ranks high.
Is AutoRek a UK company?
The privacy policy names API Software Limited, trading as AutoRek, with an office in Glasgow and registration in Scotland, and refers to UK data protection law. Ask which entity signs your contract. Ask which entity signs your contract, and where the product data is hosted.
Does AutoRek train AI on my data?
The pages we read do not say. The privacy policy does not mention AI or machine learning, and covers the website. Ask for a written statement on whether ARIA learns from your data. Ask for a written statement, and a data processing agreement that covers the AI layer explicitly.
Who are AutoRek's customers?
The home page shows logos including Aegon, Etoro, EG, Royal London, Stanlib, Howden and ClearBank under a heading about financial institutions. No customer count is given. No customer count is given, so ask for references at firms of your size and regulatory type.
Does AutoRek print prices?
No price appears on the home page. Ask for a quote that lists modules, data volumes, the ARIA layer and any implementation charge. Ask for a written quote that includes implementation, training and support, so you can compare totals. Compare totals over three years.