Payments

AutoRek automates multi-way reconciliations and streamlines processes, ensuring increased efficiency and improved accuracy for firms across the Payments sector.

Key benefits

  • Fully automate end-to-end reconciliations
  • Comply with ISO 20022 standards
  • Meet safeguarding audit obligations
  • Improve month end timelines
  • Save time and costs
  • Easily integrates with existing systems
  • Increased control
  • Risk mitigation
  • Accurate Management Information

Take control of your data, quickly achieve ROI

The volume of digital payments and transactions are increasing rapidly worldwide. AutoRek eliminates the manual reconciliations process, saving your organisation both time and money. Our robust solution can handle large volumes of transactions and accepts data in multiple formats.

Configurable Management Information dashboards, workflows and case management allows you to view reports in real-time and mitigate any risk.

Comprehensive payment and e-money safeguarding

AutoRek helps payments institutions, e-money institutions and credit unions to meet new regulatory requirements issued by the FCA, streamlining manual processes and ensuring complete accuracy and timeliness for segregation of funds and reports.

The AutoRek safeguarding solution helps firms deliver and streamline all necessary reconciliation processes required by auditors, ensuring regulatory compliance.

Fully comply with ISO 20022 standards

ISO 20022 has gained global acceptance as the open standard for payment processing. AutoRek optimises the touchpoints between internal applications and the ISO 20022 standards and provides a control framework that actively reconciles, manages invalid messages and escalates exceptions in real-time.

Our solution works in conjunction with existing systems, delivering full ISO 20022 connectivity and remittance transaction data control without impacting the legacy estate.

Payments solutions

Automated Reconciliations

AutoRek delivers robust enterprise reconciliation software in the cloud or onsite. Mitigate risk, enhance control and increase profitability for your business.

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Payment Safeguarding

Safeguard client funds with AutoRek. Streamline manual processes and ensure accuracy and timeliness for segregation of funds and reports.

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Payments Resources

Global end-to-end Payments Reconciliation Platform

Read Global end-to-end Payments Reconciliation Platform article

Payments in 2022: Top challenges and operational requirements for the global payments industry

Read Payments in 2022: Top challenges and operational requirements for the global payments industry article

Safeguarding for payments and e-money institutions

Read Safeguarding for payments and e-money institutions article