Trusted Recon
About Trusted-RECON
Trusted-RECON is technical innovation at the core of banking, treasury and securities operations throughout all financial markets. It is an automated approach to solve operational processing challenges by understanding the end-to-end transaction flow – from trade inception to settlement by providing transaction matching, exceptions and investigations needs of institutions regardless of size, processes, or lines of business.
Trusted-RECON doesn’t force replacement of the existing legacy systems, but instead it leverages core capabilities and protect clients’ investments, retiring only those areas of weakness whilst integrating and adding to existing processing capabilities. It reduces operational risk by automating manual and paper-based systems to create proactive and exceptions-based transaction lifecycle processing.
Solution Architecture
The Trusted-RECON consists of multilayers and multifunctional components where some of them are core to the system and some are optional or additional features can be added on. The bank is flexible to select which functions/module they need and then easily integrated to the systems.
The brief architect of the system is as follow:
