Advanced Matching

Minimising orphaned trades or false breaks and correctly identifying the real differences is key to the usability of any reconciliation system. Accurately matching transactions from both sides ensures staff can focus on fixing the real issues, instead of wasting time on manually linking trades together for reconciliation purposes.

Pirum's sophisticated, multi-pass, recursive matching engine finds the best fit matches using the financials of the trade alone. Many to many matches are supported (for example where trades are booked in different shapes) and the engine can even match transactions together where the security identifier differs. This is of particular benefit on corporate action entitlement loans or where dummy security identifiers have been used.

Flexible reconciliation rules are used for each client relationship, allowing tolerances and compared fields to be tailored as required to accommodate the particulars of the relationship.

The advanced logic developed by Pirum gives exceptionally high matching rates resulting in maximum efficiency and productivity for staff.

Follow the link on the right to contact a Pirum representative and find out more or arrange a demo