SKAY.NOSTRO Swift Reconciliation:

SKAY.NOSTRO Matching and Reconciliation uses flexible, rules-based matching processes to automate the reconciliation of multiple instruments, including: FX, nostro accounts and internal accounts. It also matches cash positions, front-to-back office systems and clearing party messages across all asset classes.
SKAY.NOSTRO , real-time nostro position management application, is integrated with swift system to support the matching and reconciliation of nostro cashflows against actual payment activity.
SKAY.NOSTRO interfaces with a wide variety of banking applications, including S.W.I.F.T. CBT’s,

User-defined tolerance and aggregate matching strategies ensures that matching algorithms return the best auto-match rates. SKAY.NOSTRO communicates with General Ledger and DDA accounting systems and Treasury Front Office trading systems in various ways, including message queuing,web service, middleware links and an FTP connection.

SKAY.NOSTRO Matching and Reconciliation is a flexible and scalable matching tool that accepts feeds to match data from multiple data sources, such as front-to-back office systems, third party messages, and trade notifications. Using standardized XML-formatted messages, SKAY.NOSTRO Matching and Reconciliation can communicate seamlessly with your trading partners, counterparties, customers, and in-house and third party applications.

Automated matching rules are easily created and modified by business users, eliminating vendor dependency and coding for each tweak to your business processes. Likewise, these matching rules are easily replicated and tailored to support other lines of business and their differing processes.

SKAY.NOSTRO powerful search tools can used to investigate any transaction within the database using multiple field queries. For example, queries can cover ranges of dates and amounts, or single or multiple accounts. SKAY.NOSTRO contains an extensive set of pre-defined reports,