But that's impossible with legacy systems and reconciliation tools built to handle yesterday's volumes and message formats. Designed for fixed data models with limited attributes, they cannot connect, reconcile, or control today’s complex data flows. Manual workarounds spring up and onboarding new controls consumes valuable resources and time. Preventable errors put your business at risk of service failure, financial loss, and reputational damage.
Clareti Transaction Control (CTC) is a reconciliation and controls tool which can ingest, validate and transform data of any shape or size, regardless of width or complexity, in a single solution. One of the most technically advanced control systems available, CTC is both data and format agnostic, brings powerful intersystem capabilities, and handles the data attributes that matter most to you.
With CTC, you can control transactions, offer unrivalled visibility into your operations, and intelligently apply AI and heuristics to improve performance across your entire business, whether it's trading desks, payments, or finance. In addition, embedded analytics empowers your people to to make informed, data-driven decisions for even greater business success.
An advanced rules engine and some of the fastest, most accurate matching in the industry improves your straight through processing for increased efficiency.
Self-service wizards accelerate the launch of new controls by up to 97%.
Multiway reconciliations and a holistic view of all controls can be built quickly and easily in a single solution, with rapid workflow and exception management tools for resolving issues.
Stringent data quality and governance standards with ultimate data visibility and clear audit trails mean you have the tightest control over your activity – and can prove it to regulators.
Reconciliations built to grow with you, ensuring that control processes do not hold you back or cost you opportunities.
Create and deploy new controls within days to ensure tight oversight of your data and meet complex, frequently changing regulatory requirements.
View all data and controls in one place, and easily create interactive visualisations, dashboards and reports for greater insight and business value, taking reporting from check box exercise to strategic value add.
Build faster, automate more, and minimise infrastructure consumption whilst still meeting regulatory requirements effectively.
Easy, flexible reconciliation wherever you need it
We can reconcile any data, in any format, across any area of your business. For example, a tier one retail bank recently selected CTC to tackle reconciliation challenges in FASTER payments – we resolved in two days a challenge their team had been grappling with for months and were unable to address.
Simplicity in the face of complexity
We work with the world’s largest tier one banks, as well as multinational corporates, buyside, sellside, commodity and retail firms, replacing their inefficient and risky legacy systems with fast, simple compliance and controls in an increasingly complex regulatory and operational environment.
Case study
One CIO of a leading global clearer had concerns about his firm's ETD performance. With new controls...
News
Dr. Christian Schiebl, formerly Chief Operating Officer of SmartStream and CEO of the Corona reconciliations business...