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Clearing & Reconciliation

All ProductsRisk & Fraud

Automated Clearing &
Reconciliation

An automated clearing and reconciliation platform that handles end-of-day batch processing, net settlement, nostro reconciliation, scheme file matching, and exception management. Designed to eliminate manual reconciliation effort and deliver T+0 same-day settlement capability for APAC financial institutions.

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Architecture Overview

Automated Clearing & Reconciliation Architecture

Click to expand. The diagram shows the clearing cycle — transaction capture, batch assembly, clearing engine, net settlement, and reconciliation reporting — with module detail.

Automated Clearing & ReconciliationEnd-of-day clearing, settlement & automated reconciliationTransactionCaptureBatchAssemblyClearingEngineNetSettlementReconReportNostro Recon• Bank statement match• Break identification• Auto-resolution• Ageing reportScheme Recon• Visa / MC files• Fee reconciliation• Interchange calc• Dispute matchingInternal Recon• GL posting• Suspense clearing• Intercompany• Audit trailException Mgmt• Break workflow• Escalation rules• SLA tracking• Dashboard99.9%Auto-match rateT+0Same-day recon< 0.01%Break rateFull auditTrail & logAutomated clearing & reconciliation — T+0 settlement capability
Expand diagram

Platform Capabilities

What the Platform Delivers

End-of-day batch clearing and settlement
Nostro account reconciliation
Visa and Mastercard scheme file reconciliation
Fee and interchange reconciliation
Internal GL posting and suspense clearing
Intercompany reconciliation
Exception identification and workflow
Break ageing and escalation management
T+0 same-day settlement capability
Multi-currency settlement
Audit trail and regulatory reporting
API integration with core banking and card systems

Key Features

Built for APAC Requirements

99.9% Auto-Match Rate

Machine learning-powered matching algorithms achieve 99.9%+ automatic match rates — dramatically reducing the volume of manual breaks requiring human investigation.

T+0 Settlement

Same-day clearing and settlement capability for instant payment schemes and high-value transactions — meeting the expectations of real-time payment participants.

Scheme File Automation

Automatically download, parse, and reconcile Visa, Mastercard, UnionPay, and domestic scheme settlement files — with fee and interchange verification against contracted rates.

Exception Management

Structured exception workflow with SLA tracking, escalation rules, and management reporting — ensuring breaks are resolved within agreed timeframes.

Typical Use Cases

Who Uses This Platform

  • Banks automating manual reconciliation processes
  • Card processors reconciling high-volume scheme settlement files
  • Payment service providers managing multi-acquirer settlement
  • Financial institutions migrating to T+0 settlement
  • Banks seeking to reduce operational risk in clearing and settlement

Get Started

Ready to Implement?

Proximo's specialists will scope the implementation, manage the vendor relationship, and deliver a production-ready system — configured for your APAC market.

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