Cash and Nostro reconciliation, cleared 10× faster.
Reconcile MT940/MT950, CAMT.053/054 and internal ledger cash across every nostro, vostro and internal account — with agentic triage that resolves breaks before your operations team opens them.
The reconciliation problems this solves
Dozens of correspondent banks, mixed MT and ISO 20022 formats, timezone-dependent value dates and non-standard narratives.
Small fees, rate differences and rounding create high-volume, low-value breaks that swamp analysts.
Bank-side reversals and internal ledger delays create pending items that age silently past MTTR SLAs.
BCBS 239, DORA and internal audit demand traceable, replayable evidence for every match and write-off.
What FVI does for this use case
AI clusters cash breaks by root cause (fee, FX, timing, duplicate) and drafts resolutions under policy gates.
1:1, 1:N, N:N, tolerance, fuzzy narrative, composite keys — tuned for MT940/CAMT semantics.
42 pre-built transforms map narratives, value dates and reference fields into a canonical cash model.
Per-account ageing buckets, reviewer SLAs, escalation policies and near-real-time dashboards.
Purpose-built Break Manager with maker-checker approvals for tolerance write-offs and forced matches.
Every match, break, comment and approval is signed into an immutable evidence chain for regulators.
- SWIFT MT940 / MT942 / MT950 statements
- ISO 20022 CAMT.053 / CAMT.054 / CAMT.052
- Core banking GL extracts (Flexcube, T24, Finacle, Vision Plus)
- SWIFT gpi tracker events
- Payment gateway settlement files (CSV, XML, fixed-width)
- Legacy fixed-width mainframe drops
Aligned to the regulations that matter here
Controls designed against the frameworks Tier-1 buyers require. See Security & Compliance for the full matrix.
Frequently asked
How does FVI handle correspondent-bank fee breaks?+
Fees are matched using tolerance and fuzzy narrative rules; residuals are auto-clustered by counterparty and routed to a tolerance write-off queue that supports four-eyes approval and policy caps.
Can we run cash recon intraday?+
Yes. The Rekon Orchestrator supports cron, event-driven and streaming triggers, so cash can be reconciled hourly or on statement arrival for T+0 close.
Does FVI support ISO 20022 migration?+
Both MT and CAMT formats are supported natively, and the Data Prep pipeline maps legacy MT narratives to canonical ISO fields so you can migrate without breaking historical rules.
See it on your data
30 minutes with a solutions engineer, walking a real cash & nostro reconciliation workflow end-to-end.