14th August 2020

Enterprise Reconciliation

"City Networks' ability to support our business globally and to adapt to new industry requirements has satisfied our high supplier requirements."
Mizuho Corporate Bank

+44 20 7418 4500

+1 201 714 3000

+65 6438 1144

+852 2869 6393

+81 3 5200 1500

+27 11 884 9017

+61 2 9034 1700


Our PROactive™ Reconciliation web-based solution delivers superior matching capabilities, volume throughput and fully integrated exception management. This highly scalable solution validates, enriches and matches transaction or position data from the earliest point of the trade cycle through to post settlement, for any type of financial instrument across all internal systems and external agents such as custodians and clearing houses.

This truly multi-asset reconciliation system can process cash, securities, derivatives, commodities and retail trades in one single solution. In this way, you can easily and quickly gain a consolidated view across different lines of business regardless of complexity or volume and is ideal for creating a centre of excellence.

PROactive™ Reconciliation delivers:

  • REDUCED RISK through early detection of settlement anomalies, comprehensive workflow and intelligent business rules processing
  • IMPROVED OPERATIONAL EFFICIENCY by using a single solution for all instruments and to standardize practices across diverse branch network
  • LOWER COST OF PROCESSING as the number of exceptions is substantially reduced.
  • HIGH LEVELS OF AUTOMATION right from the outset because the system is delivered with pre-configured workflow models tried and tested by the industry
  • POWERFUL SCALABILITY & PERFORMANCE to suit one trading operation or across the enterprise
  • FAST ACCESS to business activity dashboards tracking Key Performance and Risk Indicators

Advanced Processing Features

  • Ready-enabled with templates for industry standard reconciliations such as correspondent cash reconciliations, or custodian securities reconciliations
  • Robust parallel processing runs multiple reconciliations concurrently so providing scalability to handle ever increasing volumes while allowing different departments to operate independently
  • Multi-way reconciliation features combine data from three or more sources and pin-point where any discrepancy has occurred in a trade
  • Integrated exception management capabilities mean exceptions are highlighted when they actually occur and allow for full identification, tracking, investigation and resolution including aging and automated follow-up
  • Flexible data acquisition features ensure valuable corporate information is easily accessible with minimal demands on internal IT resourcing

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