Data Reconciliation can be applied at single deal level as well as at aggregated levels such as category or product types. The results are displayed online as well as in reconciliation reports.
FlexFinance Jabatix supports different reconciliation approaches at single deal level as well as at aggregated levels such as category or product types.
FlexFinance supports Jabatix supports both online and report reconciliation.
- Reconciliation of data delivery from the source systems to FlexFinance Jabatix
- Reconciliation within the core functions
- Reconciliation between the core functions and specific functions, e.g. between the cash flow generation and the Accounting Generator
- Reconciliation between different GAAPs (e.g. Local GAAP and IFRS)
- Reconciliation between the Accounting Generator and a third-party general ledger (e.g. ORACLE GL)
- Reconciliation between other applications such as ALM, Liquidity, Basel, Financial Accounting
...
Figure: Reconciliation processed data in core functions