GL Instant Match
GL Instant Match is a multi-purpose reconciliation tool. It can help you upload any number of files from any source, translate them into a common format, match the records and highlight exceptions. GL Instant Match delivers exception-based management and investigation oriented features. It can be deployed locally at a brokerage house or can satisfy the requirements of an investment bank handling large volumes with global distribution across multiple desks.
Features
- Delivers a range of business oriented matching rules
- Offers specifically designed front-end to ease manipulation of front-, middle- and back-office data as well as market data
- Supplies manual matching for out-of-the ordinary transactions that need specific attention
- Provides tolerance criteria for the matching of any chosen field
- Generates exception reports in Microsoft Excel® or HTML format to ease further usage
- Includes various formats for brokers’ trade confirmation file
- Integrates powerful audit trail features
Benefits
- Helps reduce operational risk through reconciliation of data across all data sources and fast identification and correction of krebs
- Increases STP rate and productivity
- Automates and reconciles the rec process
- Schedules and manages the entire workflow from file download to results broadcast and exception management
- Maximizes efficiency across operations staff
Related Products & Services