Enterprise Wide Reconciliation

GTMatch from Bottomline Technologies delivers ground-breaking enterprise-wide reconciliation, dramatically improving operational efficiency while reducing risk exposure. While the Banking, Securities and Corporate sector all face distinct business issues, they share universal challenges resulting from inefficiencies arising from the manual processing of reconciliations and exceptions management. The ongoing tightening of the regulatory environment provides additional compliance obligations to reduce operational risk and increase audit transparency. The financial transaction life-cycle can involve several different parties and systems recording each process separately and differently, requiring a reconciliation process to ensure global consistency and risk mitigation.