Neoxam Matching helps financial institutions reduce their operational risk and cost on reconciliation by moving from manual and paper-based processes to automated solutions.
Most financial institutions’ processes are automated and can support large volumes. However, when checking and controlling results manually, growth is correlated to resources, and larger volumes to operational risk. NeoXam Matching lowers processing costs, mitigates operational risk, increases controls scalability, accuracy and straight through processing rates.
NeoXam Matching provides functionality for the reconciliation of holdings, transactions, settlements and account balances. It offers easy-to-handle matching rules set-up and data acquisition modules that contribute to reducing implementation time and minimizing the cost of process refinement.