IBOR Data Reconciliation
NeoXam IBOR relies on powerful real-time reconciliation engines to ensure fluid and accurate reconciliation of operations, positions, exposures, and cash accounts with your third-party systems. Reconciliation configuration is easy and allows the management of tolerances and fuzzy logic. Anomaly resolution is simplified using predefined resolution and escalation workflows, thus improving data quality.
Key Benefits
Risk mitigation
Reduced operational risk through standard quality and exhaustiveness controls combined with reconciliation mechanisms to obtain precise, coherent data before use.
Efficiency
Anomalies are detected as soon as possible so resolution and escalation mechanisms can be activated to prevent delays in data processing or distribution.
Security
Every intervention is audited and traced and the four-eye control principle ensures that each modification complies with the established rules.
