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Product
Reconciliation Services
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Tags: reconciliation, exception, Data Management, Macro, STP, Reporting, bank, finance, Cornelius Nandyal
Overview
Hexaware’s reconciliation tool is ideally suited for identifying discrepancies and handling exceptions. The tool’s inbuilt businesses rules help ensure process convergence, resolution and reduction of errors and redundancies, increases productivity and compliance adherence.
Control of Data: Automation Reconciliation workflow derives process convergence, resolution and reduction of errors and redundancies, increases productivity and compliance adherence. Faster Analysis: Saves effort of 90 % processes associated with manual reconciliation. Loading Data: Automated logging of key data from trading systems. Business Rules: Automated matching process based on preset business matching rules. Automatic exception case creation for unmatched data. Integrated Tool: An integrated business solution provides better collaboration between vendors, banks and customers. This tool has a fully integration exception processing. Report Generation: Automatic report generation highlighting mismatches and helps in manual analysis of predefined business rules. Faster Deployment: Minimum requirement for the tool is Microsoft Excel with any operating system. Modification for the next cycle can be brought to implement with 2-3 working days.
Practice Head, Corporate & Investment Banking
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