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ReconX

Reconciliation made simple.

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Financial File Formats

MC, Visa, Swift, RTGS and more.

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Higher Interchange Revenue

Optimize and Forecast your interchange.

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Faster Reconciliation

Automation and reduced manual efforts

Why ReconX?

Key problems resolved.

We have created a solution to common issues crippling banking and financial operations.

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Data
  • Discrepancy
  • Complexity
  • Volume
  • Format viability
  • Missing and delays
  • Exception Handling
  • Reporting
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Financial
  • Reputational damage
  • Business continuity risks
  • Penalties and fees
  • Risk of liquidity
  • Revenue loss
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Cost
  • High due to lack of stand-alone module
  • Operational costs
  • Resource allocation cost
  • Audit costs
  • Change requests cost
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Technology
  • Legacy systems
  • Integration issues
  • Inefficient processes
  • Change management
  • Automation
  • Analytics Limitations
  • Usability

Experience the
ReconX

Try it now.

Refine Your Financial Operations

With ReconX.

ReconX revolutionizes tasks from settlement reconciliation to quarterly reporting.

Features

ReconX spectrum of features comprehensively serves financial operation needs
Settlement Reconciliation
4-side Issuer Reconciliation

Automated transaction-level Settlement Reconciliation.
MasterCard IPM
MasterCard IPM T112 File Import

Seamlessly import MasterCard IPM T112 files manually or through automated scheduled imports.
Clearing Management
Clearing Cutover File Export

Streamline the export of MasterCard clearing cutover files manually or on a schedule, in a variety of formats.
MasterCard T140
MasterCard T140 File Import

Detailed support of T140 report including IP727010 batches.
MasterCard ABU
MasterCard ABU File Export

Effortlessly export MasterCard ABU files manually or schedule automated exports with configurable settings.
MasterCard CDF3
MasterCard CDF3 File Export

Facilitate the manual or scheduled export of corporate expense card statements in MasterCard CDF3 format, with configurable settings.

Apple Pay Reports
Apple Pay Reports

Access and export comprehensive Apple Pay reports based on IPM data, with built-in Excel view.
Samsung Pay Reports
Samsung Pay Reports

Instant access to Samsung Pay reports.
MasterCard QMR
MasterCard QMR Reports

Export QMR reports.

Built by bankers for bankers

Getting it done.

ReconX emerged from a need for simplifying complex financial reconciliations. We recognized that businesses were grappling with the challenges of managing vast volumes of financial data, and we set out to transform reconciliation into a seamless and efficient experience.

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Let's start

Check the possible ways of working with ReconX.

Contact Us
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Plugins

ReconX supports extension and customization through user-defined plugins.

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Charts

Create and customize your own dashboards using configurable charts in ReconX.

System features

Ready for enterprise environments.

Multi-institution Support
Maker-Checker Support
Schedule and automate import/export operations with flexible file transfer paths.
Deployment using AWS, Azure, OCI, Weblogic, WildFly, JBoss, WebSphere, and Docker Image.
Supports Windows, Linux, and AIX, with database options such as Postgres, MySQL, MariaDB, and Oracle.
Security

Compliant with PCI DSS 4.0.

Developed on PCI DSS 4.0 guidelines
Full data audit
Activity logging
Implement robust user login authentication using SSO (OAuth2), LDAP, and advanced user management, with adherence to PCI DSS compliance for enhanced data security.
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Performance

Optimized for ultra-high volumes.

4500+ TPS

Bulk processing support (ZIP)
Parallel processing on file and record levels
300,000 clearing records in 200 MB IPM file loaded in 1 minute.
Efficiency

Rapid Response time.

Transaction-level drill down view helps to cut down effort by more than 80%.
Match Accuracy Rate of above 99.9%
Cost Saving of more than 50% as compared to manual reconciliation

Request a free ReconX Demo.

Get it done.

Do you want to test and see the benefits of ReconX?

Contact Us
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