AutoRek, an enterprise in financial controls and reconciliation automation, has announced the acquisition of Grath, an innovative fintech recognised for its AI-driven approach to reconciliation and compliance challenges in financial services. Together, AutoRek and Grath give customers a single partner able to meet a broader range of needs across the full reconciliation lifecycle, from data ingestion and matching through controls, risk, and compliance management. Chris Livesey, CEO of AutoRek, says: “Customers want the benefits of AI delivered through governance, auditability, and human oversight. Matt Povey, CEO of Grath, adds: “Financial services is at an inflection point. Institutions no longer want to choose between robust enterprise controls and the speed of AI-led innovation, and now they do not have to.