HOME NEWS ARTICLES PODCASTS VIDEOS EVENTS JOBS COMMUNITY TECH DIRECTORY ABOUT US
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.
End-to-end reconciliation platform with comprehensive data management capabilities. Features include automated data ingestion, configurable matching rules, exception management workflows, and robust reporting tools. Supports various reconciliation types including cash, securities, and regulatory reconciliations.
Systems that automate the matching and reconciliation of transactions across various systems and accounts.
More Reconciliation Solutions
More Operations ...
Automated Matching Engine Ability to automatically match transactions and data records from multiple sources using predefined rules. |
AutoRek advertises an automated reconciliation engine with configurable rules, implying automated matching. | |
Multi-Source Support Capability to handle reconciliation between multiple internal and external data sources. |
Platform handles multi-source reconciliation (references to cash, securities, regulatory types). | |
Exception Management Process for identifying, categorizing, and managing exceptions (unmatched or suspicious items). |
Exception management workflows are specifically called out in product notes. | |
Flexible Matching Rules Allows flexible, configurable matching logic (exact, fuzzy, multi-field, etc.). |
Configurable matching rules are a described product feature. | |
Manual Matching Support Enables users to manually match and resolve outstanding items where auto-match is not possible. |
Manual intervention is available where automated matching does not resolve, covered in exception workflows/user intervention. | |
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. |
No information available | |
Aggregation of Data Ability to combine, summarize, and group data for efficient reconciliation and reporting. |
Data aggregation and reporting are core elements of AutoRek. | |
Multi-currency Support Processes and reconciles transactions in multiple currencies. |
Multi-currency support is typical for banking reconciliation and present in platform overviews. | |
Historic Data Handling Ability to store and process historical transaction data for back-dated reconciliations. |
Historic and regulatory reconciliation types suggest support for historical data. | |
Partial Match Handling Ability to flag and process partial matches according to defined tolerances. |
No information available | |
Tolerance Level Configuration Users can define matching tolerances by value, date, or field. |
Configurable matching rules imply tolerance configuration by value, date, or field. | |
Customizable Workflows Workflows and processes can be tailored for different reconciliation scenarios. |
Exception workflow and configurable processes indicate support for custom workflows. |
API Integration RESTful or SOAP APIs for real-time data exchange with internal and external systems. |
AutoRek supports API integration, as per technical documentation and product datasheets. | |
Standardized Data Formats Supports industry formats such as SWIFT, ISO 20022, BAI2, CSV, and XML. |
Described as supporting a broad range of input formats such as CSV, XML, SWIFT, and BAI. | |
Core System Connectivity Direct connection capability with core banking platforms and general ledger systems. |
General ledger and banking system integration mentioned in use cases. | |
Data Import/Export Automation Automated scheduled imports and exports of reconciliation files. |
Automates data ingestion and scheduled workflow processes. | |
Batch Processing Support Processes large volumes of transactions in batch mode. |
Batch processing is a standard feature given the high volumes handled. | |
Legacy System Compatibility Supports integration with older banking systems and protocols. |
No information available | |
Cloud and On-premises Deployment Options Offers both cloud-based and on-premises deployment strategies. |
Supports cloud and on-premises deployment per documentation. | |
Third-party Data Feeds Consume data directly from payment networks, clearing houses, and custodians. |
No information available | |
Automated Data Validation Pre-processes incoming data and flags structural errors or anomalies. |
Automated data validation is referenced as part of data ingestion process. | |
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 file format conversion and mapping is a standard part of onboarding new feeds. |
Data Encryption End-to-end encryption for data at rest and in transit. |
Security/compliance fact sheets note data encryption at rest and in transit. | |
User Authentication and SSO Support for secure user authentication and Single Sign-On (SSO) integration. |
Mentions SSO and robust user management. | |
Audit Logging Comprehensive logging of user actions and system changes for audit purposes. |
Audit logging is indicated for compliance support and reporting. | |
Role-Based Access Control Granular access rights and permissions assigned based on user roles. |
Role-based permissions for access and control are supported. | |
Compliance Standards Support Supports regulatory compliance with standards such as SOX, PCI DSS, GDPR, etc. |
Product supports standards compliance including SOX, PCI DSS, and GDPR. | |
Data Masking Sensitive information is automatically masked from unauthorized users. |
Sensitive data masking available (compliance and access controls). | |
Data Retention Policies Configurable data retention and archival policies to satisfy regulatory requirements. |
Configurable data retention policies are available for regulatory purposes. | |
Secure API Access APIs use secure protocols and user authentication for safe data exchange. |
API integration and security features include secure API access. | |
Fraud Detection Capabilities Built-in monitoring for suspicious or fraudulent patterns during reconciliation. |
No information available | |
Penetration Testing Frequency Number of external penetration and vulnerability tests performed annually. |
No information available |
Dashboard Customization Users can personalize dashboards with relevant data and metrics. |
Personalizable dashboards are advertised under product usability features. | |
Advanced Search and Filtering Powerful search and filtering tools to quickly find transactions or exceptions. |
Advanced search and data filtering tools available in the UI. | |
Drag and Drop File Upload Simple file upload process using drag-and-drop interface. |
Drag-and-drop file upload supported for manual file ingestion. | |
Bulk Action Support Perform actions (matching, exception handling) on multiple items at once. |
Bulk actions (for example, exception handling) supported within case management UI. | |
Activity Notification System In-app or email notifications for key events and user actions. |
User notifications for exceptions and workflow events are present. | |
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. |
No information available | |
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. |
Role-based UI configuration and feature visibility by user role. | |
Theme and Branding Options Supports customization of appearance to match organization branding. |
No information available |
Standard Reconciliation Reports Predefined reports covering all core reconciliation activities. |
Pre-built and configurable reconciliation reports available. | |
Custom Report Builder Enables users to design custom reports and save templates. |
Custom report builder and templating are described in product literature. | |
Automated Report Scheduling Automatically generates and distributes reports on a set schedule. |
Report scheduling and automation enables recurring distribution. | |
Data Visualization Visual dashboards and charts for exception trends, match rates, and more. |
Data visualization in dashboards and charting is promoted. | |
Drill-down Functionality Allows users to click into summarized results for deeper transaction insights. |
Drill-down from summary to transaction detail described in demo videos and UI docs. | |
Historical Trend Analysis Analyzes reconciliation results and exception rates over time. |
Trend analysis and exception analytics are part of reporting suite. | |
Export Options Reports can be exported in multiple formats (PDF, Excel, CSV, etc.). |
Exports in Excel, PDF, CSV are standard output options. | |
Exception Root Cause Analysis Analyzes exceptions to identify recurring root causes. |
No information available | |
Audit Reporting Provides audit-ready reporting functionality to support regulatory audits. |
Audit trails and audit-ready reporting for compliance are described features. | |
Data Retention for Reports How many years reports are retained and accessible in the system. |
No information available |
Exception Workflow Automation Configurable workflows for exception escalation, assignment, and resolution. |
Exception workflow automation configurable through platform workflow tools. | |
Case Management System Dedicated portal to track and resolve exceptions with status updates. |
Case management is clearly referenced in exception handling descriptions. | |
Integration with Communication Tools Ability to communicate with counterparties (internal/external) from within the tool. |
No information available | |
SLA Tracking Monitors whether exception investigation and resolution times are within SLA. |
No information available | |
Automated Notifications on Exceptions Automatic alerts to relevant users when exceptions occur. |
Exception notifications and alerts are available in the workflow. | |
Evidence Attachment Ability to add supporting documents for each exception/dispute. |
Attachment of documents to exceptions possible for audit and compliance. | |
Exception Aging Reports Tracks how long exceptions remain unresolved. |
Exception reports can show aging and resolution timelines. | |
Root Cause and Resolution Capture Captures detailed notes and root cause analysis for exceptions. |
Root cause capture is noted in exception resolution documentation. | |
Bulk Exception Processing Resolution actions can be applied to multiple exceptions simultaneously. |
Bulk actions on exceptions possible per UI/UX demonstrations. | |
External Dispute Integration Ability to connect with external systems holding dispute records. |
No information available |
Horizontal Scaling Capability to distribute workloads across multiple servers or cloud nodes. |
Supports scaling on cloud and large enterprise deployments. | |
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. |
Parallel processing and concurrent workflows are described for operational efficiency. | |
Zero-downtime Upgrades Upgrades and patches can be applied with no operational interruption. |
No information available | |
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. |
Global deployment use cases are referenced in product marketing. | |
Performance Monitoring Tools Built-in dashboards to monitor and alert for performance or capacity issues. |
Performance dashboards and capacity monitoring described as features. | |
Elastic Resource Allocation Resources can be scaled up/down automatically based on load. |
Elastic cloud resource allocation capabilities discussed in reference architecture. | |
Disaster Recovery RPO/RTO Recovery point objective (RPO) and recovery time objective (RTO) values for disaster recovery. |
No information available |
User-defined Fields Add custom data fields to records as required by business processes. |
User data fields can be added/customized for specific reconciliation setups. | |
Rule Builder Interface Non-technical users can create/modify matching rules with a drag-and-drop tool. |
Rule builder interface for non-technical users is one of the selling points. | |
Flexible Workflow Designer Customizable process flows for different product lines or regulatory environments. |
Workflow designer tools advertised on platform for bespoke process needs. | |
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. |
Company policy enforcement in workflow/process configuration mentioned. | |
Plug-in Extension Framework Ability to extend core modules with plug-ins for bespoke needs. |
No information available | |
White-labelling Branded interface and URLs for different regions or business units. |
. | No information available |
Versioning and Change Tracking All configuration changes are tracked and can be rolled back. |
. | No information available |
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. |
Custom user alerts/notifications are a feature for exception and workflow events. |
Full Change History Captures all data edits, with metadata (who, when, what). |
No information available | |
Transaction Drillback Can trace reports and exceptions back to underlying transaction data. |
Drillback and transaction traceability available for compliance/audit. | |
Digital Signatures Enforces digital signatures for approvals and manual interventions. |
Digital approvals/interventions available through workflow, implies digital signatures. | |
Audit Data Export Allows secure export of audit logs for compliance review. |
Audit log export functionality offered for regulatory 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. |
Product includes automated certification and attestation reporting for audits. | |
Role Separation Enforcement Ensures critical reconciliation and approval functions have separation of duties. |
SoD (separation of duties) and configurable approval hierarchies present. | |
User Access Review Tools Tools to support periodic review of system access permissions. |
Access review tools for periodic checks are referenced in user management docs. | |
Regulatory Audit Mode Special mode for supporting regulatory inspections of the system. |
No information available |
24/7 Support Availability Global support available round-the-clock across regions. |
Global 24/7 support SLA is indicated on the vendor site. | |
Dedicated Technical Account Manager Named point-of-contact for ongoing support and escalation. |
Assignment of technical account managers for enterprise clients is available. | |
Implementation and Migration Assistance Professional services to onboard, migrate, and configure the product. |
Offers project management/professional services for deployment and data migration. | |
User Training Programs Structured onboarding and training for system users and administrators. |
Structured user/admin training programs—referenced in onboarding literature. | |
Online Documentation Portal Comprehensive and searchable product documentation library. |
Comprehensive online documentation portal mentioned in product support section. | |
Community Forum Access Peer support forums and knowledge base access. |
Peer user community/forum access described in product support collateral. | |
Solution Health Checks Periodic proactive system reviews and health assessments. |
Solution health checks and system monitoring offered by vendor support. | |
Upgrade and Patch Management Regular, managed updates and security patch deployment. |
Regular updates and managed patch process offered for both cloud/on-prem. | |
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 service engagement for enhancements is available from vendor. |
Tools that automatically match and reconcile transactions across multiple systems, identify discrepancies, and facilitate resolution processes.
More Reconciliation Software
More Operations ...
Multi-source Integration Supports data import/export from multiple sources such as custodians, exchanges, clearing houses, and internal systems. |
. | No information available |
Real-time Data Sync Ability to synchronize data between the system and sources in real-time. |
. | No information available |
API Connectivity Supports connections via APIs for automated data transfer. |
. | No information available |
File Upload Support Supports manual data import through files (e.g., CSV, Excel). |
. | No information available |
Data Format Support Number of different supported data/formats (e.g., SWIFT, FIX, XML, CSV). |
. | No information available |
Automatic Data Validation Automatically validates imported data for completeness and correctness. |
. | No information available |
Scheduled Imports Ability to schedule recurring data imports at defined intervals. |
. | No information available |
Cloud/Data Lake Integration Supports integration with cloud storage or data lake platforms. |
. | No information available |
Error Handling and Logging Tracks and logs data import/export errors for audit and troubleshooting. |
. | No information available |
Historical Data Archiving Ability to import and reconcile historical data over long periods. |
. | No information available |
Configurable Matching Rules Allows users to define and customize rules for matching transactions. |
. | No information available |
Multi-level Matching Supports single- and multi-stage (e.g. 1-way, 2-way, 3-way) reconciliation. |
. | No information available |
Tolerance Handling Handles tolerance thresholds for amounts, dates, and quantitative fields. |
. | No information available |
Automated Suggestion Engine Automatically suggests matches based on machine learning or heuristics. |
. | No information available |
Manual Matching Support Enables manual intervention and adjustment of matches by users. |
. | No information available |
Matching Speed Speed with which the system processes and matches records. |
. | No information available |
Partial Match Identification Ability to identify and flag partial matches for user review. |
. | No information available |
Exception Grouping Groups related exceptions to assist with bulk resolution. |
. | No information available |
User-defined Matching Fields Users can specify which fields to use in matching logic. |
. | No information available |
Re-match Functionality Ability to re-run matching logic after rule or data changes. |
. | No information available |
Exception Dashboard Interactive dashboard summarizing open breaks and exceptions. |
. | No information available |
Exception Root Cause Analysis Provides built-in analytics/tools for root cause analysis. |
. | No information available |
Auto-assignment of Cases Automatically assigns exceptions to designated users or teams. |
. | No information available |
Priority Tagging Tag exceptions with custom priority levels. |
. | No information available |
Resolution Workflow Built-in workflow for exception investigation and resolution. |
. | No information available |
Resolution Time Tracking Measures time taken to resolve each exception. |
. | No information available |
Bulk Exception Management Supports bulk status update, assignment, and resolution. |
. | No information available |
Root Cause Coding Allows users to code breaks with root cause for later reporting. |
. | No information available |
Audit Log of Actions Maintains a detailed, immutable audit trail of exception handling steps. |
. | No information available |
User-defined Exception Categories Customize exception categories for organization-specific workflows. |
. | No information available |
Customizable Workflow Engine Allows configuration of multi-step workflows for reconciliation and resolution processes. |
. | No information available |
Automated Notifications Automatically sends notifications via email, SMS, or in-app. |
. | No information available |
Role-based Task Assignment Assigns tasks based on user roles and permissions. |
. | No information available |
Escalation Procedures Automates escalation of unresolved issues after defined periods. |
. | No information available |
SLA Tracking Monitors and measures adherence to Service Level Agreements. |
. | No information available |
Workflow Templates Pre-configured templates for common reconciliation workflows. |
. | No information available |
Number of Concurrent Workflows Maximum number of active workflows supported simultaneously. |
. | No information available |
Automated Issue Resolution Automatically applies predefined rules to resolve specific exceptions. |
. | No information available |
User Approval Flows Supports multi-level user approvals within workflows. |
. | No information available |
Integration with External BPM Tools Can be linked with external business process management systems. |
. | No information available |
Standard Reports Library Comes with a set of standardized, out-of-the-box operational reports. |
. | No information available |
Custom Report Builder Allows users to construct custom reports and analytics. |
. | No information available |
Scheduled Report Delivery Ability to automatically send reports on a schedule. |
. | No information available |
Interactive Dashboards Provides visual, interactive dashboards with real-time metrics. |
. | No information available |
KPI Monitoring Monitors key performance indicators such as breaks, resolution times, and volumes. |
. | No information available |
Data Export Options Export reports and analytics in multiple formats (PDF, Excel, CSV, etc). |
. | No information available |
Ad-hoc Querying Users can run ad-hoc database queries for reporting. |
. | No information available |
Real-time Analytics Analytics and visualizations update in real-time with underlying data. |
. | No information available |
Exception Trend Analysis Analyzes exception occurrence over different dimensions (e.g., time, counterparty). |
. | No information available |
Drilldown Capabilities Drill down from summary statistics into granular transaction-level details. |
. | No information available |
Role-Based Access Control (RBAC) Defines permissions based on user roles within the organization. |
. | No information available |
Data Encryption Encrypts data both at-rest and in-transit. |
. | No information available |
Audit Trail Comprehensive audit logs to meet regulatory requirements. |
. | No information available |
Multi-factor Authentication (MFA) Supports additional authentication factors for login security. |
. | No information available |
Regulatory Reporting Support Helps generate mandatory compliance and regulatory reports (e.g., MiFID II, 17a-4). |
. | No information available |
Data Retention Controls Customizable data retention and deletion policies. |
. | No information available |
Secure User Provisioning Controls for onboarding, offboarding, and user access reviews. |
. | No information available |
Data Masking Masks sensitive information based on user or role. |
. | No information available |
Compliance Certifications Number of current, supported, recognized compliance certifications. |
. | No information available |
Intrusion Detection Integration Integrates with internal/external security monitoring solutions. |
. | No information available |
Maximum Transaction Volume Maximum supported daily transaction volume. |
. | No information available |
Peak Processing Throughput Maximum number of records matched per second under load. |
. | No information available |
Concurrent User Sessions Supports multiple users working simultaneously. |
. | No information available |
Response Time Average end-user response time for normal operations. |
. | No information available |
Scalable Infrastructure Easily scales to handle growth in users, data, and transaction volume. |
. | No information available |
Batch Processing Support Can efficiently process large data batches in off-peak hours. |
. | No information available |
High Availability System architecture supports redundancy and fail-over. |
. | No information available |
Disaster Recovery (RTO/RPO) System achieves recovery time objective (RTO) and recovery point objective (RPO). |
. | No information available |
Auto-scaling Capabilities Automatically scales resources up or down based on load. |
. | No information available |
Real-time Performance Monitoring Continuous system health/performance tracking and alarms. |
. | No information available |
Customizable Dashboards Users can personalize dashboards to display information of interest. |
. | No information available |
Multi-language Support Application is available in multiple languages. |
. | No information available |
Mobile Access Accessible on mobile devices (native or responsive web). |
. | No information available |
Accessibility Compliance Meets standards for accessibility (e.g., WCAG 2.1). |
. | No information available |
Contextual Help Integrated help, guides, or tooltips available in-app. |
. | No information available |
Advanced Search Powerful, granular search across transactions and exceptions. |
. | No information available |
Saved Views and Filters Users can save and re-use custom data views and filters. |
. | No information available |
Bulk Actions Supports bulk update, approval, or export of transactions/exceptions. |
. | No information available |
User Preference Management Users can manage notification settings, themes, and other preferences. |
. | No information available |
In-app Feedback and Support Ability to submit feedback, report issues, or request support directly from the interface. |
. | No information available |
Immutable Audit Trail All user actions are tracked and cannot be altered retroactively. |
. | No information available |
Time-stamped Activity Logs Every action is time-stamped for traceability. |
. | No information available |
User Action Replay Ability to replay sequences of user actions for detailed investigation. |
. | No information available |
Periodic Certification Checks Supports regular review and sign-off of reconciliations or exceptions. |
. | No information available |
Change Management Logs Tracks any changes to data, configuration, or user roles. |
. | No information available |
Data Integrity Monitoring Continuously monitors and alerts for data corruption or loss. |
. | No information available |
Reporting of Audit Events Generates reports specifically on audit and control events. |
. | No information available |
SOX/ISAE 3402 Support Provides controls to support Sarbanes-Oxley or ISAE 3402 compliance. |
. | No information available |
Automated Exception Closure Controls Prevents unauthorized closure of reconciliation breaks. |
. | No information available |
Retention of Evidence Enforces retention of evidence and supporting documentation for defined periods. |
. | No information available |
Open API Support APIs available for downstream/upstream integration (REST, SOAP, etc.). |
. | No information available |
Plugin/Extension Framework Supports plug-ins/extensions for feature augmentations. |
. | No information available |
Custom Scripting Allows custom scripts (e.g., Python, JavaScript) for bespoke automation. |
. | No information available |
Third-party Integration Catalog Library of pre-built integrations with popular financial apps and services. |
. | No information available |
Single Sign-On (SSO) Supports federated SSO via SAML, OAuth, etc. |
. | No information available |
Event/Message Bus Integration Integrates with event bus/kafka for real-time event propagation. |
. | No information available |
Webhooks Supports outbound webhooks for triggering workflows/API calls externally. |
. | No information available |
Data Mapping and Transformation Tools Supports mapping and transformation for non-standard data feeds. |
. | No information available |
Number of Supported Integration Points Measures extensibility by supported integration points. |
. | No information available |
Marketplace/Partner Ecosystem Access to app/partner ecosystem for pre-built modules. |
. | No information available |
24/7 Support Availability Round-the-clock support by phone, chat, or email. |
. | No information available |
Dedicated Account Manager Appoints a named contact for large or strategic clients. |
. | No information available |
Implementation Assistance Professional services for onboarding, data migration, and go-live. |
. | No information available |
On-demand Training Provides online or on-site training modules for users. |
. | No information available |
Knowledge Base Access Access to online documentation, FAQs, and how-tos. |
. | No information available |
User Community Forums Promotes engagement and peer-support among clients. |
. | No information available |
Average Support Resolution Time Average time to resolve a typical support request. |
. | No information available |
Regular Feature Updates Receives regular software enhancements and security updates. |
. | No information available |
Feedback-driven Product Roadmap Incorporates user feedback in ongoing product development. |
. | No information available |
SLA-backed Uptime Guarantee Guaranteed minimum uptime as per SLA. |
. | No information available |
Automated solutions that reconcile investment transactions, custodian records, and internal accounting systems to ensure data accuracy and identify discrepancies requiring resolution.
More Reconciliation Software
More Financial Operations ...
Sorry, no analysis is avaiable for Reconciliation Software
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.