CASE STUDIES

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Reconciliation & Settlement System

Objectives


To automate transaction reconciliation and settlement processes for financial institutions.

Challenges

High error rates in manual reconciliation processes.

Delays in settlement due to mismatched transactions.

Solutions

A reconciliation and settlement system was developed with:

Real-time transaction matching and discrepancy resolution.

Automated generation of settlement files.

Role-based approval workflows for compliance.

Key Features

AI-powered anomaly detection.

Multi-format support for transaction data (CSV, XML, JSON).

Comprehensive audit trails for reporting.

Outcomes

Achieved 99% reconciliation accuracy.

Reduced processing time by 80%.

Enhanced compliance with regulatory standards.