AI-powered, Enterprise Reconciliations


Move away from Slow, Error-Prone Manual spreadsheet-based processes To Powerful, AI-powered Automated Reconciliations

Global regulatory requirements and constantly increasing transaction volumes demand greater operational efficiency and risk management. Manually managing reconciliations can create vulnerabilities such as non-compliance, fraud, errors, write-offs and audit risk. Speed, accuracy and transparency are essential to meet the increasingly complex needs that banks have today.

The challenges lie in authenticating the continuously increasing volumes of complex, high velocity data, in real-time. Even when issues are identified, complex exceptions and manual processing amplifies the potential for failures and significant loss incidents.
An all-in-one, SaaS platform to connect, reconcile and monitor ‘any and all’ data and processes.

Every decision is based on data and processes you can trust!

Validata can dramatically reduce the risks by automating the entire reconciliation process to monitor, validate, enrich and match data coming from different sources, and provides advanced features for intraday reconciliation of cash transactions, securities messages and confirmations.

It integrates both transaction and balance-level data and automates the entire reconciliation process from data acquisition and matching through period-end approvals and reviews.

Organisations can simplify the complexity of Cash, Payments, Nostro/Vostro, bank account, financial close reconciliations, etc., mitigate the risks and address the data challenges, through end-to-end automation, intelligent matching, combined with cloud deployment and managed services.
It delivers secure remote access to internal staff screens for clients and partners, enabling greater control or risk exposure.

It supports multiple reconciliations types:

Nostro/Vostro Accounts
Cash Reconciliation
Cards & Payments
Financial Close
Bank (account) & General Ledger
Intercompany
Position & Trades
Everything Connected

Connect to multiple systems, to any core banking system or ERP, through API/Web services with industry standards and common file formats supported out-of-the box.
Everything Data

A data-agnostic system which can pull and integrate transaction and balance-level data from any source and in any format to identify and resolve exceptions providing a single source of truth. Provides access to normalized, validated data on securities, cash positions, transactions and trade fail investigations to feed reconciliations and other post-trade workflows.

Continuous real-time data connectivity to your partners, banks, clients and regulators.
Everything Reconciled

Simplify the complexity of your intersystem reconciliations with an enterprise-proven solution with next-gen capabilities for matching, exception management and resolution, risk management and reporting.
Everything AI

Processes and calculations - which would take a human, hours of work - are now performed in seconds. The AI recommendation engine self-learns from past manually matched items and act as a human would in a range of scenarios. Leveraging AI and machine learning models, it identifies patterns and recommends the ‘next best match’. It justifies the suggestions based on past choices of manual matching, and by evaluating these, we can refine our approach and make more informed decisions.
Improve operational efficiency

By using a single managed solution to automate reconciliations for all asset classes and business areas, the end user benefits from improved match rates and a central access point across all different types of transactions.

Achieve your enterprise vision through a single centre for reconciliation services

Fast-track, low-risk implementations and a choice of deployment models including an on-site licensed solution, a SaaS solution, or a full managed service:

• Deploy a single solution to support all your reconciliation activities

• Take control of new reconciliation requirements without the need for external consultants, shortening time to market through a standardized approach, while reducing costs.

Native SWIFT MX messages support and ISO 20022 Migration
Using ready-built SWIFT MT <> ISO 20022 mapping library reduces the risk, time and cost of an in-house implementation, allowing clients to start with a full set of high-quality SWIFT MT <> ISO 20022 mappings that are easily customizable. It is able to match new MX messages under ISO 20022 standards, with your internal records, identify discrepancies and exceptions, generate reports and alerts, and comply with regulatory requirements. 
Real-Time Progressive Reconciliations
It achieves a comprehensive and precise overview of transaction types, spanning various time zones and borders, instantly, enabling fast response and informed decision‑making. Enhance internal controls to ensure compliance with standards by real-time reconciliation with the ability to define the sequence in which the matching rules will be applied (one-to-one, many-to-one, and many-to-many).
Automated Exception Management: Manage your exceptions proactively
Automate and control the entire exception management process, using rules for the efficient identification, tracking and resolution of transaction breaks. Unlike traditional models that only match a transaction once, leading to the same exception being reported twice, it is able to create a single view, of any exception or investigation state. The solution monitors any exception at the trade level, combining all transaction activity and presenting both cash and securities in a single view. Risks can be reduced through the early detection of trading and settlement-related anomalies.
A powerful AI-powered matching engine
It matches imported positions, transactions, internal and external statements, Nostro entries and balances based on specific rules, allowing tailored matching for different transaction types. It delivers the highest automated matching rates and ensures that any failed transactions are escalated, repaired and returned to the process flow.

Build automation into your Financial Close
Eliminate bottlenecks and bring accuracy, control and visibility to your account reconciliation and financial close processes, streamlining your entire operation.
Dashboards & Analytics
It bridges the gap from all data sources and provides graphical, real-time insights into reconciliation and transaction management statuses, and a more accurate view of positions, eliminating manual efforts, across all regulations and systems ensuring compliance and transparency. It enables users to view and interrogate all real-time and historical data in the repository in a single consolidated dashboard.

Reports include: Matched and Unmatched items, Exception and Write off reports, etc


A fast, simple, alternative to fragile, complex and costly legacy solutions:

Improve business control & transparency
Improve control through dynamic business activity monitoring and real-time views of your operation.
Rapid onboarding
by automatically suggesting matching patterns for reconciliations, it enables non-technical users to build and test reconciliations without IT support
Improve efficiency and accuracy
across reconciliation and exception management while driving greater transparency across your entire process.
Maintain data governance, versioning and audit control,
data quality, and reporting through a single reconciliation solution that supports your specific needs.
Time and Cost Savings
Faster, more efficient automated reconciliation process which reduces operational costs and time and shrinks the time it takes for the financial close.
Empower business users
to control the handling of mismatches and rectify the reconciliation exceptions.

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