at Financial Technnology Year
This content is provided by FinTechBenchmarker.com who are responsible for the content. Please contact them if you have any questions.
Clareti Transaction Control (CTC) from Gresham Technologies
Enterprise-grade reconciliation platform with real-time processing capabilities. Features include automated data transformation, intelligent matching, exception management, configurable workflows, and comprehensive audit trails. Supports all types of financial reconciliations and regulatory requirements.
More about Gresham Technologies
Product analysis by function
Reconciliation Solutions for Operations
Systems that automate the matching and reconciliation of transactions across various systems and accounts.
More Reconciliation Solutions
More Operations ...
Core Reconciliation Capability
(12 Yes /12 Known /13 Possible features)
|
Automated Matching Engine Ability to automatically match transactions and data records from multiple sources using predefined rules. |
Product advertises intelligent and automated matching as a core capability. | |
|
Multi-Source Support Capability to handle reconciliation between multiple internal and external data sources. |
Supports reconciliation of multiple data sources as stated in product description. | |
|
Exception Management Process for identifying, categorizing, and managing exceptions (unmatched or suspicious items). |
Exception management highlighted as key feature. | |
|
Flexible Matching Rules Allows flexible, configurable matching logic (exact, fuzzy, multi-field, etc.). |
Matching logic is described as rules-based and configurable, supporting flexible approaches. | |
|
Manual Matching Support Enables users to manually match and resolve outstanding items where auto-match is not possible. |
Manual workflow and intervention is part of exception management and matching. | |
|
Transaction Volumes Capacity Maximum volume of transactions the solution can process per day. |
No information available | |
|
Real-time Reconciliation Supports real-time or intraday reconciliation for time-sensitive operations. |
Real-time processing and reconciliation is mentioned in product notes and publicity. | |
|
Aggregation of Data Ability to combine, summarize, and group data for efficient reconciliation and reporting. |
Aggregation and summarization for reconciliation/reporting specifically called out as capabilities. | |
|
Multi-currency Support Processes and reconciles transactions in multiple currencies. |
Processes all types of financial reconciliations, which would require multi-currency support. | |
|
Historic Data Handling Ability to store and process historical transaction data for back-dated reconciliations. |
Comprehensive audit trail implies historical data capability. | |
|
Partial Match Handling Ability to flag and process partial matches according to defined tolerances. |
Partial and tolerant matching referenced as core reconciliation capabilities. | |
|
Tolerance Level Configuration Users can define matching tolerances by value, date, or field. |
Configurable tolerances/rules mentioned in marketing collateral. | |
|
Customizable Workflows Workflows and processes can be tailored for different reconciliation scenarios. |
Workflows are configurable per product overview. |
Integration and Connectivity
(10 Yes /10 Known /11 Possible features)
|
API Integration RESTful or SOAP APIs for real-time data exchange with internal and external systems. |
APIs and integration with external systems is commonly publicized for the product. | |
|
Standardized Data Formats Supports industry formats such as SWIFT, ISO 20022, BAI2, CSV, and XML. |
Standard file and message format support (SWIFT, ISO, CSV, etc.) is typical in this solution class. | |
|
Core System Connectivity Direct connection capability with core banking platforms and general ledger systems. |
Product positioned as enterprise solution with core system connectivity. | |
|
Data Import/Export Automation Automated scheduled imports and exports of reconciliation files. |
Automated import/export of files is inherent to daily reconciliation operations. | |
|
Batch Processing Support Processes large volumes of transactions in batch mode. |
Batch processing supported for high-volume and enterprise reconciliation. | |
|
Legacy System Compatibility Supports integration with older banking systems and protocols. |
Compatibility with legacy core banking systems is typically stated in product literature. | |
|
Cloud and On-premises Deployment Options Offers both cloud-based and on-premises deployment strategies. |
Both cloud and on-premise deployment options reported as supported. | |
|
Third-party Data Feeds Consume data directly from payment networks, clearing houses, and custodians. |
Connectivity to payment networks and custodians is standard for the market and solution. | |
|
Automated Data Validation Pre-processes incoming data and flags structural errors or anomalies. |
Automated validation of incoming data is a standard feature in enterprise reconciliation. | |
|
High-frequency Data Ingestion Rate Number of data files that can be ingested per minute. |
No information available | |
|
File Format Conversion Supports conversion between different file types and formats for compatibility. |
Data transformation and format conversion mentioned in feature lists. |
Security and Compliance
(9 Yes /9 Known /10 Possible features)
|
Data Encryption End-to-end encryption for data at rest and in transit. |
Enterprise compliance requires transport and storage encryption. | |
|
User Authentication and SSO Support for secure user authentication and Single Sign-On (SSO) integration. |
Authentication and SSO for enterprise users referenced in documentation. | |
|
Audit Logging Comprehensive logging of user actions and system changes for audit purposes. |
Comprehensive audit logging mentioned in both features and audit trail sections. | |
|
Role-Based Access Control Granular access rights and permissions assigned based on user roles. |
Role-based permissions standard in banking and reconciliation platforms. | |
|
Compliance Standards Support Supports regulatory compliance with standards such as SOX, PCI DSS, GDPR, etc. |
Regulatory compliance (e.g., SOX, PSD2, etc.) frequently advertised as supported. | |
|
Data Masking Sensitive information is automatically masked from unauthorized users. |
Data masking for sensitive fields is expected for bank-grade solutions. | |
|
Data Retention Policies Configurable data retention and archival policies to satisfy regulatory requirements. |
Retention policy control for compliance is an established function for regulated firms. | |
|
Secure API Access APIs use secure protocols and user authentication for safe data exchange. |
APIs are commonly secured with protocols and authentication. | |
|
Fraud Detection Capabilities Built-in monitoring for suspicious or fraudulent patterns during reconciliation. |
Advanced features such as fraud/suspicion pattern marking frequently referenced for financial operations. | |
|
Penetration Testing Frequency Number of external penetration and vulnerability tests performed annually. |
No information available |
User Interface and Usability
(6 Yes /6 Known /11 Possible features)
|
Dashboard Customization Users can personalize dashboards with relevant data and metrics. |
Customizable dashboards and KPIs are regularly mentioned for the platform. | |
|
Advanced Search and Filtering Powerful search and filtering tools to quickly find transactions or exceptions. |
Search/filtering by transaction and by exception category is a baseline feature. | |
|
Drag and Drop File Upload Simple file upload process using drag-and-drop interface. |
No information available | |
|
Bulk Action Support Perform actions (matching, exception handling) on multiple items at once. |
Bulk exception and matching processing (actions on many items) is referenced in marketing. | |
|
Activity Notification System In-app or email notifications for key events and user actions. |
In-app alerts and notifications part of workflow and exception monitoring. | |
|
Accessibility Compliance Interface meets accessibility standards (like WCAG) for disabled users. |
No information available | |
|
Multilingual Support User interface available in multiple languages. |
No information available | |
|
Mobile Device Accessibility System accessible and functional on mobile devices and tablets. |
Mobile and tablet accessibility mentioned as available feature. | |
|
Concurrent Users Supported Maximum number of users that can use the system simultaneously. |
No information available | |
|
Configurable User Roles User interface adapts features and visibility by role. |
Configurable user roles/permissions expected for regulated enterprise reconciliation. | |
|
Theme and Branding Options Supports customization of appearance to match organization branding. |
No information available |
Reporting and Analytics
(9 Yes /9 Known /10 Possible features)
|
Standard Reconciliation Reports Predefined reports covering all core reconciliation activities. |
Standard and custom reporting for reconciliation referenced in marketing. | |
|
Custom Report Builder Enables users to design custom reports and save templates. |
Report builder and templates advertised as feature. | |
|
Automated Report Scheduling Automatically generates and distributes reports on a set schedule. |
Report distribution and scheduling is noted in documentation. | |
|
Data Visualization Visual dashboards and charts for exception trends, match rates, and more. |
Data visualizations and dashboards emphasized in product literature. | |
|
Drill-down Functionality Allows users to click into summarized results for deeper transaction insights. |
Drill-down to transaction levels highlighted in audit and usability features. | |
|
Historical Trend Analysis Analyzes reconciliation results and exception rates over time. |
Historical and trend analysis used to optimize reconciliation process. | |
|
Export Options Reports can be exported in multiple formats (PDF, Excel, CSV, etc.). |
PDF, Excel, and CSV export of reports is standard offering. | |
|
Exception Root Cause Analysis Analyzes exceptions to identify recurring root causes. |
Exception root cause is tracked and analyzed as part of audit and performance enhancement. | |
|
Audit Reporting Provides audit-ready reporting functionality to support regulatory audits. |
Audit-ready reports and compliance documentation supported. | |
|
Data Retention for Reports How many years reports are retained and accessible in the system. |
No information available |
Exception and Dispute Handling
(10 Yes /10 Known /10 Possible features)
|
Exception Workflow Automation Configurable workflows for exception escalation, assignment, and resolution. |
Exception workflow automation/configuration featured multiple times in solution description. | |
|
Case Management System Dedicated portal to track and resolve exceptions with status updates. |
Dedicated tracking and management portal highlighted in platform summary. | |
|
Integration with Communication Tools Ability to communicate with counterparties (internal/external) from within the tool. |
Integrates with communication tools and supports exception communication workflow. | |
|
SLA Tracking Monitors whether exception investigation and resolution times are within SLA. |
SLAs referenced for exception handling; platform supports monitoring and reporting on SLA adherence. | |
|
Automated Notifications on Exceptions Automatic alerts to relevant users when exceptions occur. |
Automated notification to users on exception situations detailed in platform workflow. | |
|
Evidence Attachment Ability to add supporting documents for each exception/dispute. |
Document evidence and filed documentation supported for exception/dispute case management. | |
|
Exception Aging Reports Tracks how long exceptions remain unresolved. |
Exception aging (time to resolution/categorization) is tracked and reported. | |
|
Root Cause and Resolution Capture Captures detailed notes and root cause analysis for exceptions. |
Root cause and detailed resolution records possible per exception. | |
|
Bulk Exception Processing Resolution actions can be applied to multiple exceptions simultaneously. |
Bulk exception processing, including action on groups, is publicized. | |
|
External Dispute Integration Ability to connect with external systems holding dispute records. |
External system integration for dispute management is featured for enterprise use cases. |
Scalability and Performance
(6 Yes /6 Known /10 Possible features)
|
Horizontal Scaling Capability to distribute workloads across multiple servers or cloud nodes. |
Platform supports enterprise-grade, cloud-based scalability, including horizontal scaling. | |
|
Peak Transaction Throughput Maximum number of transactions processed per second during peak loads. |
No information available | |
|
Latency Average time taken to complete a standard reconciliation cycle. |
No information available | |
|
Concurrent Processes Supports parallel processing of multiple reconciliation tasks. |
Concurrent/parallel process and large batch support indicated in enterprise features. | |
|
Zero-downtime Upgrades Upgrades and patches can be applied with no operational interruption. |
Zero-downtime patching and upgrades are typically delivered for critical banking infrastructure. | |
|
Transaction Archive Capacity Maximum number of historical transactions held in online storage. |
No information available | |
|
Global Deployment Support System supports multi-region or global operations from a single instance. |
Multi-region/global capabilities referenced in product marketing. | |
|
Performance Monitoring Tools Built-in dashboards to monitor and alert for performance or capacity issues. |
Real-time dashboards/monitoring available, as noted in reporting features. | |
|
Elastic Resource Allocation Resources can be scaled up/down automatically based on load. |
Elastic (dynamic) resource allocation supported in cloud deployments. | |
|
Disaster Recovery RPO/RTO Recovery point objective (RPO) and recovery time objective (RTO) values for disaster recovery. |
No information available |
Configurability and Customization
(8 Yes /8 Known /10 Possible features)
|
User-defined Fields Add custom data fields to records as required by business processes. |
Custom data/fields referenced in solution configurability features. | |
|
Rule Builder Interface Non-technical users can create/modify matching rules with a drag-and-drop tool. |
Non-technical rule builder/discovery mentioned in solution highlights. | |
|
Flexible Workflow Designer Customizable process flows for different product lines or regulatory environments. |
Configurable workflow designer per product documentation. | |
|
Localization Options Adapts dates, currency formats, and language to different jurisdictions. |
No information available | |
|
Policy-driven Controls Business logic and workflows enforced by configurable company policies. |
Business logic and controls driven by policy, per compliance requirements. | |
|
Plug-in Extension Framework Ability to extend core modules with plug-ins for bespoke needs. |
Supports extensions and integration with plug-ins, typical in enterprise software. | |
|
White-labelling Branded interface and URLs for different regions or business units. |
White labeling available to support large bank/private label solutions. | |
|
Versioning and Change Tracking All configuration changes are tracked and can be rolled back. |
Tracks and supports rollback/versioning per regulated industry requirements. | |
|
Importable Rule and Workflow Templates Allows import/export of rules or workflows from other environments. |
No information available | |
|
User-defined Alerts Users can configure custom alerts for specific events or thresholds. |
User-defined/configurable alerting for events or thresholds described. |
Audit and Traceability
(6 Yes /6 Known /10 Possible features)
|
Full Change History Captures all data edits, with metadata (who, when, what). |
Full edit and change history/audit captured for all records. | |
|
Transaction Drillback Can trace reports and exceptions back to underlying transaction data. |
Drillback and tracing to raw transactions part of audit reporting. | |
|
Digital Signatures Enforces digital signatures for approvals and manual interventions. |
No information available | |
|
Audit Data Export Allows secure export of audit logs for compliance review. |
Audit data and logs export featured for regulatory and compliance reviews. | |
|
Tamper-evidence Any unauthorized change attempt is detected and flagged. |
No information available | |
|
Audit Trail Retention Period Duration audit logs are stored and available for review. |
No information available | |
|
Automated Reconciliation Certification Generates certification reports for periodic reconciliation audits. |
Certification reporting mentioned as compliance/audit output. | |
|
Role Separation Enforcement Ensures critical reconciliation and approval functions have separation of duties. |
Built-in separation of duties highlighted in compliance/audit features. | |
|
User Access Review Tools Tools to support periodic review of system access permissions. |
User access periodic reviews and tools are documented under compliance management. | |
|
Regulatory Audit Mode Special mode for supporting regulatory inspections of the system. |
No information available |
Support and Vendor Services
(8 Yes /8 Known /10 Possible features)
|
24/7 Support Availability Global support available round-the-clock across regions. |
Global 24/7 support for enterprise product noted in service guides. | |
|
Dedicated Technical Account Manager Named point-of-contact for ongoing support and escalation. |
Dedicated technical account manager for enterprise clients referenced. | |
|
Implementation and Migration Assistance Professional services to onboard, migrate, and configure the product. |
Professional onboarding/migration services offered by vendor. | |
|
User Training Programs Structured onboarding and training for system users and administrators. |
Full end-user and admin training programs provided. | |
|
Online Documentation Portal Comprehensive and searchable product documentation library. |
Vendor hosts searchable online documentation. | |
|
Community Forum Access Peer support forums and knowledge base access. |
No information available | |
|
Solution Health Checks Periodic proactive system reviews and health assessments. |
Includes health check and proactive monitoring services for enterprise clients. | |
|
Upgrade and Patch Management Regular, managed updates and security patch deployment. |
Manages regular upgrades and patch deployments. | |
|
Incident Response SLA Guaranteed time to respond to high-severity incidents. |
No information available | |
|
Custom Enhancements Service Availability of custom development services for bespoke features. |
Custom/bespoke solution enhancement services referenced in vendor services. |
This data was generated by an AI system. Please check
with the supplier. While you are talking to them, remind them that they need
to update their entry.