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LevelUp Reconciliation Automation from LevelUp

Automates the reconciliation process using AI technology for accurate transaction matching and real-time reporting, along with robust audit trails.

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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
(5 Yes /5 Known /13 Possible features)

Integration and Connectivity
(1 Yes /1 Known /11 Possible features)

Security and Compliance
(2 Yes /2 Known /10 Possible features)

User Interface and Usability
(1 Yes /1 Known /11 Possible features)

Reporting and Analytics
(3 Yes /3 Known /10 Possible features)

Exception and Dispute Handling
(1 Yes /1 Known /10 Possible features)

Scalability and Performance
(2 Yes /2 Known /10 Possible features)

Configurability and Customization
(0 Yes /0 Known /10 Possible features)

Audit and Traceability
(1 Yes /1 Known /10 Possible features)

Support and Vendor Services
(0 Yes /0 Known /10 Possible features)

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Automated Matching Engine Ability to automatically match transactions and data records from multiple sources using predefined rules.		Product uses AI to automate transaction matching, suggesting strong automated matching engine.
Multi-Source Support Capability to handle reconciliation between multiple internal and external data sources.		Mentions handling multiple sources for reconciliation; AI tools typically support multi-source input.
Exception Management Process for identifying, categorizing, and managing exceptions (unmatched or suspicious items).		Robust audit trails and real-time reporting suggest embedded exception management functionality.
Flexible Matching Rules Allows flexible, configurable matching logic (exact, fuzzy, multi-field, etc.).		AI-based transaction matching usually enables flexible/configurable rules (exact, fuzzy, multi-field).
Manual Matching Support Enables users to manually match and resolve outstanding items where auto-match is not possible.		No information available
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.		Product specifies real-time reporting which requires real-time or near real-time reconciliation capability.
Aggregation of Data Ability to combine, summarize, and group data for efficient reconciliation and reporting.		No information available
Multi-currency Support Processes and reconciles transactions in multiple currencies.		No information available
Historic Data Handling Ability to store and process historical transaction data for back-dated reconciliations.		No information available
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.		No information available
Customizable Workflows Workflows and processes can be tailored for different reconciliation scenarios.		No information available

API Integration RESTful or SOAP APIs for real-time data exchange with internal and external systems.		No information available
Standardized Data Formats Supports industry formats such as SWIFT, ISO 20022, BAI2, CSV, and XML.		No information available
Core System Connectivity Direct connection capability with core banking platforms and general ledger systems.		No information available
Data Import/Export Automation Automated scheduled imports and exports of reconciliation files.		No information available
Batch Processing Support Processes large volumes of transactions in batch mode.		No information available
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.		As a SaaS AI reconciliation product by a contemporary vendor, likely available as cloud/SaaS; on-premises not directly mentioned.
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.		No information available
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.		No information available

Data Encryption End-to-end encryption for data at rest and in transit.		Audit trails require end-to-end data encryption for security and compliance.
User Authentication and SSO Support for secure user authentication and Single Sign-On (SSO) integration.		No information available
Audit Logging Comprehensive logging of user actions and system changes for audit purposes.		Robust audit trails imply strong audit logging of user/system actions.
Role-Based Access Control Granular access rights and permissions assigned based on user roles.		No information available
Compliance Standards Support Supports regulatory compliance with standards such as SOX, PCI DSS, GDPR, etc.		No information available
Data Masking Sensitive information is automatically masked from unauthorized users.		No information available
Data Retention Policies Configurable data retention and archival policies to satisfy regulatory requirements.		No information available
Secure API Access APIs use secure protocols and user authentication for safe data exchange.		No information available
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.		Product promises reporting and analytics; dashboard customization is a common expectation.
Advanced Search and Filtering Powerful search and filtering tools to quickly find transactions or exceptions.		No information available
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.		No information available
Activity Notification System In-app or email notifications for key events and user actions.		No information available
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.		No information available
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.		Real-time reporting implies standard reconciliation reports are part of the solution.
Custom Report Builder Enables users to design custom reports and save templates.		No information available
Automated Report Scheduling Automatically generates and distributes reports on a set schedule.		No information available
Data Visualization Visual dashboards and charts for exception trends, match rates, and more.		Product claims real-time reporting, indicating data visualization (dashboards and charts) is included.
Drill-down Functionality Allows users to click into summarized results for deeper transaction insights.		No information available
Historical Trend Analysis Analyzes reconciliation results and exception rates over time.		No information available
Export Options Reports can be exported in multiple formats (PDF, Excel, CSV, etc.).		No information available
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.		Mentions robust audit trails, which require audit-ready reporting for compliance.
Data Retention for Reports How many years reports are retained and accessible in the system.		No information available

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Financial Technology Year

LevelUp Reconciliation Automation from LevelUp

Product analysis by function

Reconciliation Solutions for Operations

Core Reconciliation Capability
(5 Yes /5 Known /13 Possible features)

Integration and Connectivity
(1 Yes /1 Known /11 Possible features)

Security and Compliance
(2 Yes /2 Known /10 Possible features)

User Interface and Usability
(1 Yes /1 Known /11 Possible features)

Reporting and Analytics
(3 Yes /3 Known /10 Possible features)

Exception and Dispute Handling
(1 Yes /1 Known /10 Possible features)

Scalability and Performance
(2 Yes /2 Known /10 Possible features)

Configurability and Customization
(0 Yes /0 Known /10 Possible features)

Audit and Traceability
(1 Yes /1 Known /10 Possible features)

Support and Vendor Services
(0 Yes /0 Known /10 Possible features)

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Exception Workflow Automation Configurable workflows for exception escalation, assignment, and resolution.		Automation and AI imply automated exception workflow handling.
Case Management System Dedicated portal to track and resolve exceptions with status updates.		No information available
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.		No information available
Evidence Attachment Ability to add supporting documents for each exception/dispute.		No information available
Exception Aging Reports Tracks how long exceptions remain unresolved.		No information available
Root Cause and Resolution Capture Captures detailed notes and root cause analysis for exceptions.		No information available
Bulk Exception Processing Resolution actions can be applied to multiple exceptions simultaneously.		No information available
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.		Tool touts automation/AI and real-time service, which require horizontally scalable infrastructure for performance.
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.		No information available
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.		No information available
Performance Monitoring Tools Built-in dashboards to monitor and alert for performance or capacity issues.		No information available
Elastic Resource Allocation Resources can be scaled up/down automatically based on load.		AI SaaS reconciliation solutions commonly offer elastic resource allocation to manage spikes in transaction volumes.
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.		No information available
Rule Builder Interface Non-technical users can create/modify matching rules with a drag-and-drop tool.		No information available
Flexible Workflow Designer Customizable process flows for different product lines or regulatory environments.		No information available
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.		No information available
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.		No information available

Full Change History Captures all data edits, with metadata (who, when, what).		Robust audit trails imply full change history is tracked within the system.
Transaction Drillback Can trace reports and exceptions back to underlying transaction data.		No information available
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.		No information available
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.		No information available
Role Separation Enforcement Ensures critical reconciliation and approval functions have separation of duties.		No information available
User Access Review Tools Tools to support periodic review of system access permissions.		No information available
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.		No information available
Dedicated Technical Account Manager Named point-of-contact for ongoing support and escalation.		No information available
Implementation and Migration Assistance Professional services to onboard, migrate, and configure the product.		No information available
User Training Programs Structured onboarding and training for system users and administrators.		No information available
Online Documentation Portal Comprehensive and searchable product documentation library.		No information available
Community Forum Access Peer support forums and knowledge base access.		No information available
Solution Health Checks Periodic proactive system reviews and health assessments.		No information available
Upgrade and Patch Management Regular, managed updates and security patch deployment.		No information available
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.		No information available

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Financial Technology Year

LevelUp Reconciliation Automation from LevelUp

Product analysis by function

Reconciliation Solutions for Operations

Core Reconciliation Capability (5 Yes /5 Known /13 Possible features)

Integration and Connectivity (1 Yes /1 Known /11 Possible features)

Security and Compliance (2 Yes /2 Known /10 Possible features)

User Interface and Usability (1 Yes /1 Known /11 Possible features)

Reporting and Analytics (3 Yes /3 Known /10 Possible features)

Exception and Dispute Handling (1 Yes /1 Known /10 Possible features)

Scalability and Performance (2 Yes /2 Known /10 Possible features)

Configurability and Customization (0 Yes /0 Known /10 Possible features)

Audit and Traceability (1 Yes /1 Known /10 Possible features)

Support and Vendor Services (0 Yes /0 Known /10 Possible features)

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Core Reconciliation Capability
(5 Yes /5 Known /13 Possible features)

Integration and Connectivity
(1 Yes /1 Known /11 Possible features)

Security and Compliance
(2 Yes /2 Known /10 Possible features)

User Interface and Usability
(1 Yes /1 Known /11 Possible features)

Reporting and Analytics
(3 Yes /3 Known /10 Possible features)

Exception and Dispute Handling
(1 Yes /1 Known /10 Possible features)

Scalability and Performance
(2 Yes /2 Known /10 Possible features)

Configurability and Customization
(0 Yes /0 Known /10 Possible features)

Audit and Traceability
(1 Yes /1 Known /10 Possible features)

Support and Vendor Services
(0 Yes /0 Known /10 Possible features)