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Enterprise Integration

Enterprise-wide Banking Reconciliation Solution

Financial institutes successfully handle multiple accounts and balance their unlimited transactions, every day. However, the legacy silos and rigid security systems are posing as major threats to their rapid growth.

Ascent AutoRecon© readily integrates with Transaction Life Cycle of any bank and leverages Straight Through Processing through balanced transaction settlement.
The Enterprise Integration tool can be seamlessly configured to integrate with Core Banking Systems (CBS), NFS switch, ATM switch, ATM’s Electronic Journal (EJ) files, Tie-up banks transactions log (TLF) files.

The banking reconciliation solution communicates through Message Oriented Middleware (MOM) on a real-time basis. Transactions are transmitted in a ‘no-wait’ manner. This means that middleware message backbone does not delay the banks processes.

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It holds the records and files and maintains log/audit trails. This ensures that no data is lost even when communication is lost between the source and the target site. All the data is transmitted automatically once the communication is restored.

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