What is Reconciliation & Settlement?
Reconciliation and settlement close the loop a payment flow opens. Bank statements (via CAMT ingest) and rail confirmations feed automated recon sessions with configurable match rules; settlement batches then move through a full lifecycle from netting to SETTLED, with every step audited.
- Automated reconciliation sessions with configurable match rules per rail
- Discrepancy detection and manual resolution workflows for exceptions
- Settlement batch lifecycle from netting through to SETTLED, fully audited
- Fed directly by CAMT bank statement ingestion — no manual data entry