Exclusive Interview with Efi Panagiotou, Managing Director at Reconbees – Financial Reconciliation Services
Share with us how this entrepreneurship journey started and the need and challenges you identified.
My journey with Reconbees began with a clear vision: to bridge the gap in financial reconciliation services, particularly in industries like forex and fintech, where accuracy and regulatory compliance are critical. Having worked closely with financial teams, I recognized that many firms struggled with inefficient
What’s coming up in 2025 for financial reconciliation services?
2025 will see greater automation and AI-driven reconciliation tools, reducing manual efforts and improving real-time accuracy. Regulatory scrutiny is also expected to increase, making compliance-driven reconciliation more critical than ever. Additionally, with the rise of decentralized finance (DeFi) and alternative payment methods, reconciliation services will need to adapt to new transaction models. At Reconbees, we are actively enhancing our solutions to stay ahead of these trends.
What are the features brokers should consider to ensure they choose the right partner and efficient service?
At Reconbees, we specialize in financial reconciliation services tailored for forex brokers, fintech firms, and financial institutions. Our core offerings include:
Tailored Implementation of the per-transaction reconciliation using a software or other tools regarding the client’s needs and volume
Our team run the daily per-transaction reconciliation to ensure that client funds are accurately matched with payment provider records, in case when our client has not an inhouse team.
Trainings to inhouse reconciliation teams on technical aspects or any general knowledge needed to individuals to handle the process.
Help firms establish best practices by developing their reconciliation policies and procedures.
Customized reconciliation frameworks, integrating with multiple payment providers and trading platforms.
Regulatory reporting assistance, ensuring compliance with financial authorities.
We provide automation and system integration consulting, enhancing reconciliation efficiency through technology.
Our goal is to provide an end-to-end reconciliation solution that minimizes risks and improves financial accuracy.
The 8th of March is Women’s Day. What does this stand for you?
For me, Women’s Day is a celebration of resilience, leadership, and the progress women have made in various industries. It’s also a reminder that while we have made great strides, there’s still work to be done in achieving true gender equality, especially in finance and fintech.
Is it challenging to get into a male-dominated sector like finance?
Finance is often seen as a male-dominated field, but women have consistently proven that they possess the skills, analytical thinking, and resilience necessary to excel. Beyond accuracy, success in finance also requires critical thinking, problem-solving, and the ability to manage complex situations—qualities that women have demonstrated time and time again in various aspects of life. Women are not only capable of succeeding in finance; they are leading the way in many areas of the industry. Yes, it’s challenging, but it’s absolutely feasible!
What’s coming up next for Reconbees?
We are expanding our services to support more fintech and financial institutions beyond forex. We’re also investing in technology-driven reconciliation solutions, including automation and AI integration, to further improve accuracy and efficiency for our clients. Our goal is to become the go-to reconciliation partner for financial firms seeking seamless, scalable, and compliant solutions.
Read the full interview on the fintechview digital magazine #4
Who is Who
Reconbees was founded by Efi Panagiotou, a highly accomplished professional with a Bachelor’s and Master’s degree in Applied Mathematics. In addition to her academic foundation, she holds diplomas in Accounting, Programming, and Data Analysis, giving her a unique blend of expertise that combines financial acumen with cutting-edge technological skills. Her strong analytical abilities, honed over more than a decade of experience in the forex industry, allow her to approach reconciliation challenges with precision and innovation. Driven by the goal of simplifying financial processes through technology, she created Reconbees to offer tailored, high-quality reconciliation services that enhance efficiency, transparency, and compliance in the forex world.
