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End-to-end reconciliation solution that automates the matching of transactions across multiple systems. Includes exception identification and management, configurable matching rules, workflow automation, and comprehensive reporting for compliance and audit purposes.
More about Broadridge Financial Solutions
Systems that automate the matching and reconciliation of transactions across various systems and accounts.
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Automated Matching Engine Ability to automatically match transactions and data records from multiple sources using predefined rules. |
Product automates matching transactions across multiple systems, fulfilling automated matching engine requirement. | |
Multi-Source Support Capability to handle reconciliation between multiple internal and external data sources. |
Specifically stated as matching across multiple systems, which implies multi-source support. | |
Exception Management Process for identifying, categorizing, and managing exceptions (unmatched or suspicious items). |
Product includes exception identification and management as a primary function. | |
Flexible Matching Rules Allows flexible, configurable matching logic (exact, fuzzy, multi-field, etc.). |
Configurable matching rules are mentioned, indicating flexible matching logic. | |
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. |
No information available | |
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. |
Workflow automation called out, indicating customizable workflows are supported. |
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. |
No information available | |
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. |
No information available | |
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. |
No information available | |
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. |
Solution specifically references compliance, implying support for regulatory standards. | |
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. |
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Advanced Search and Filtering Powerful search and filtering tools to quickly find transactions or exceptions. |
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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. |
Comprehensive reporting is highlighted as a core offering, which includes standard reconciliation reports. | |
Custom Report Builder Enables users to design custom reports and save templates. |
Comprehensive reporting implies the presence of some form of custom report builder. | |
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. |
No information available | |
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. |
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Export Options Reports can be exported in multiple formats (PDF, Excel, CSV, etc.). |
Ability to export reports is a core reporting function of such reconciliation systems. | |
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. |
Compliance and audit reporting specifically called out as part of the offering. | |
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. |
Workflow automation features imply support for exception workflow automation. | |
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. |
No information available | |
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. |
No information available | |
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. |
Customizable workflows and configurable rules imply flexible workflow designer. | |
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. |
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Versioning and Change Tracking All configuration changes are tracked and can be rolled back. |
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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). |
No information available | |
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 |
Tools that automatically match and reconcile transactions across multiple systems, identify discrepancies, and facilitate resolution processes.
More Reconciliation Software
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Multi-source Integration Supports data import/export from multiple sources such as custodians, exchanges, clearing houses, and internal systems. |
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Real-time Data Sync Ability to synchronize data between the system and sources in real-time. |
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API Connectivity Supports connections via APIs for automated data transfer. |
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File Upload Support Supports manual data import through files (e.g., CSV, Excel). |
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Data Format Support Number of different supported data/formats (e.g., SWIFT, FIX, XML, CSV). |
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Automatic Data Validation Automatically validates imported data for completeness and correctness. |
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Scheduled Imports Ability to schedule recurring data imports at defined intervals. |
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Cloud/Data Lake Integration Supports integration with cloud storage or data lake platforms. |
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Error Handling and Logging Tracks and logs data import/export errors for audit and troubleshooting. |
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Historical Data Archiving Ability to import and reconcile historical data over long periods. |
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Configurable Matching Rules Allows users to define and customize rules for matching transactions. |
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Multi-level Matching Supports single- and multi-stage (e.g. 1-way, 2-way, 3-way) reconciliation. |
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Tolerance Handling Handles tolerance thresholds for amounts, dates, and quantitative fields. |
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Automated Suggestion Engine Automatically suggests matches based on machine learning or heuristics. |
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Manual Matching Support Enables manual intervention and adjustment of matches by users. |
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Matching Speed Speed with which the system processes and matches records. |
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Partial Match Identification Ability to identify and flag partial matches for user review. |
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Exception Grouping Groups related exceptions to assist with bulk resolution. |
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User-defined Matching Fields Users can specify which fields to use in matching logic. |
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Re-match Functionality Ability to re-run matching logic after rule or data changes. |
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Exception Dashboard Interactive dashboard summarizing open breaks and exceptions. |
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Exception Root Cause Analysis Provides built-in analytics/tools for root cause analysis. |
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Auto-assignment of Cases Automatically assigns exceptions to designated users or teams. |
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Priority Tagging Tag exceptions with custom priority levels. |
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Resolution Workflow Built-in workflow for exception investigation and resolution. |
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Resolution Time Tracking Measures time taken to resolve each exception. |
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Bulk Exception Management Supports bulk status update, assignment, and resolution. |
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Root Cause Coding Allows users to code breaks with root cause for later reporting. |
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Audit Log of Actions Maintains a detailed, immutable audit trail of exception handling steps. |
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User-defined Exception Categories Customize exception categories for organization-specific workflows. |
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Customizable Workflow Engine Allows configuration of multi-step workflows for reconciliation and resolution processes. |
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Automated Notifications Automatically sends notifications via email, SMS, or in-app. |
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Role-based Task Assignment Assigns tasks based on user roles and permissions. |
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Escalation Procedures Automates escalation of unresolved issues after defined periods. |
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SLA Tracking Monitors and measures adherence to Service Level Agreements. |
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Workflow Templates Pre-configured templates for common reconciliation workflows. |
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Number of Concurrent Workflows Maximum number of active workflows supported simultaneously. |
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Automated Issue Resolution Automatically applies predefined rules to resolve specific exceptions. |
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User Approval Flows Supports multi-level user approvals within workflows. |
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Integration with External BPM Tools Can be linked with external business process management systems. |
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Standard Reports Library Comes with a set of standardized, out-of-the-box operational reports. |
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Custom Report Builder Allows users to construct custom reports and analytics. |
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Scheduled Report Delivery Ability to automatically send reports on a schedule. |
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Interactive Dashboards Provides visual, interactive dashboards with real-time metrics. |
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KPI Monitoring Monitors key performance indicators such as breaks, resolution times, and volumes. |
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Data Export Options Export reports and analytics in multiple formats (PDF, Excel, CSV, etc). |
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Ad-hoc Querying Users can run ad-hoc database queries for reporting. |
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Real-time Analytics Analytics and visualizations update in real-time with underlying data. |
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Exception Trend Analysis Analyzes exception occurrence over different dimensions (e.g., time, counterparty). |
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Drilldown Capabilities Drill down from summary statistics into granular transaction-level details. |
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Role-Based Access Control (RBAC) Defines permissions based on user roles within the organization. |
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Data Encryption Encrypts data both at-rest and in-transit. |
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Audit Trail Comprehensive audit logs to meet regulatory requirements. |
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Multi-factor Authentication (MFA) Supports additional authentication factors for login security. |
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Regulatory Reporting Support Helps generate mandatory compliance and regulatory reports (e.g., MiFID II, 17a-4). |
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Data Retention Controls Customizable data retention and deletion policies. |
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Secure User Provisioning Controls for onboarding, offboarding, and user access reviews. |
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Data Masking Masks sensitive information based on user or role. |
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Compliance Certifications Number of current, supported, recognized compliance certifications. |
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Intrusion Detection Integration Integrates with internal/external security monitoring solutions. |
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Maximum Transaction Volume Maximum supported daily transaction volume. |
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Peak Processing Throughput Maximum number of records matched per second under load. |
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Concurrent User Sessions Supports multiple users working simultaneously. |
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Response Time Average end-user response time for normal operations. |
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Scalable Infrastructure Easily scales to handle growth in users, data, and transaction volume. |
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Batch Processing Support Can efficiently process large data batches in off-peak hours. |
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High Availability System architecture supports redundancy and fail-over. |
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Disaster Recovery (RTO/RPO) System achieves recovery time objective (RTO) and recovery point objective (RPO). |
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Auto-scaling Capabilities Automatically scales resources up or down based on load. |
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Real-time Performance Monitoring Continuous system health/performance tracking and alarms. |
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Customizable Dashboards Users can personalize dashboards to display information of interest. |
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Multi-language Support Application is available in multiple languages. |
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Mobile Access Accessible on mobile devices (native or responsive web). |
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Accessibility Compliance Meets standards for accessibility (e.g., WCAG 2.1). |
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Contextual Help Integrated help, guides, or tooltips available in-app. |
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Advanced Search Powerful, granular search across transactions and exceptions. |
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Saved Views and Filters Users can save and re-use custom data views and filters. |
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Bulk Actions Supports bulk update, approval, or export of transactions/exceptions. |
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User Preference Management Users can manage notification settings, themes, and other preferences. |
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In-app Feedback and Support Ability to submit feedback, report issues, or request support directly from the interface. |
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Immutable Audit Trail All user actions are tracked and cannot be altered retroactively. |
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Time-stamped Activity Logs Every action is time-stamped for traceability. |
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User Action Replay Ability to replay sequences of user actions for detailed investigation. |
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Periodic Certification Checks Supports regular review and sign-off of reconciliations or exceptions. |
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Change Management Logs Tracks any changes to data, configuration, or user roles. |
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Data Integrity Monitoring Continuously monitors and alerts for data corruption or loss. |
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Reporting of Audit Events Generates reports specifically on audit and control events. |
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SOX/ISAE 3402 Support Provides controls to support Sarbanes-Oxley or ISAE 3402 compliance. |
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Automated Exception Closure Controls Prevents unauthorized closure of reconciliation breaks. |
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Retention of Evidence Enforces retention of evidence and supporting documentation for defined periods. |
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Open API Support APIs available for downstream/upstream integration (REST, SOAP, etc.). |
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Plugin/Extension Framework Supports plug-ins/extensions for feature augmentations. |
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Custom Scripting Allows custom scripts (e.g., Python, JavaScript) for bespoke automation. |
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Third-party Integration Catalog Library of pre-built integrations with popular financial apps and services. |
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Single Sign-On (SSO) Supports federated SSO via SAML, OAuth, etc. |
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Event/Message Bus Integration Integrates with event bus/kafka for real-time event propagation. |
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Webhooks Supports outbound webhooks for triggering workflows/API calls externally. |
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Data Mapping and Transformation Tools Supports mapping and transformation for non-standard data feeds. |
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Number of Supported Integration Points Measures extensibility by supported integration points. |
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Marketplace/Partner Ecosystem Access to app/partner ecosystem for pre-built modules. |
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24/7 Support Availability Round-the-clock support by phone, chat, or email. |
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Dedicated Account Manager Appoints a named contact for large or strategic clients. |
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Implementation Assistance Professional services for onboarding, data migration, and go-live. |
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On-demand Training Provides online or on-site training modules for users. |
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Knowledge Base Access Access to online documentation, FAQs, and how-tos. |
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User Community Forums Promotes engagement and peer-support among clients. |
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Average Support Resolution Time Average time to resolve a typical support request. |
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Regular Feature Updates Receives regular software enhancements and security updates. |
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Feedback-driven Product Roadmap Incorporates user feedback in ongoing product development. |
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SLA-backed Uptime Guarantee Guaranteed minimum uptime as per SLA. |
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