MSIT-COREN

Highly configurable Matching Engine

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MSIT-COREN - Highly configurable Data Reconciliation and Matching

MSIT-COREN (COnfigurable Reconciliation ENgine) is the innovative solution to automate monitoring data relationships as it provides a highly flexible reconciliation processing engine, which enables easy adoption to specialized scenarios and specific needs.
With its predefined standardized interfaces it can collect different types of data (accounts, balances, transactions, etc.) from multiple systems.
The state-of-the-art application MSIT-COREN distinguishes by its clean design approach, separating data import from mapping and actual reconciliation.

Your benefits of MSIT-COREN

All these characteristics will lead to significant reduction of risk when implementing MSIT-COREN in your environment.
Major cost savings

  • High rate of automatic matching reduces the costs related to time-consuming and manual processes

Crucial reduction of risk

  • Reduction of operational risks
  • Early detections of discrepancies

Generic reconciliation engine

  • Comprehensive set of matching modules/rules
  • Used for all different kinds of matching and reconciliation processing
  • Powerful data mapping
  • Highly efficient reconciliation engine

Improvement of operational efficiency

  • Rapid change of data, matching rules and workflow to easily improve operations continuously

Functional Highlights

Highly generic and flexible

  • The universally applicable reconciliation engine can solve matching and reconciliation problems in different business areas
  • Core components can be defined in multiple repositories and referenced from any number of engines

Highly configurable

  • Reconciliation based on currencies and accounts
  • Reconciliation based on internal and external systems
  • Reconciliation based on rules identified at configuration time

Efficient background matching

  • Automatic triggering of reconciliation engine after successful import of data. Highly flexible matching entities mine the underlying data-stream for certain patterns and mark involved transactions as processed.

Monitoring

  • Management console allows monitoring of entire reconciliation processes

State-of-the-art Java Enterprise application

  • Adaption on customer’s specific requirements and needs
  • Customer-tailored implementation options and configuration
  • Highly flexible business rules

Seamless integration

  • Data connectors enable seamless integration of data import interfaces
  • Core data can be imported through various flexible standard interfaces

Multi-language

  • MSIT-COREN is available in multiple languages
  • All types of languages can be added easily

Find out more about MSIT-COREN!

Contact us for a demo to learn more about MSIT-COREN.

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