Digitally transform your reconciliations with Aurum
Because of the global reach of trade, commerce, and finance, FOREX markets tend to be the largest with the most liquid assets. So they are strongly regulated, requiring transparent audit trails for financial processes.
Fast-paced, with transactions in varying currencies, timing is critical due to FX rate fluctuations. And with numerous PSPs, payment gateways, acquirers and aggregators to provide customer choice, all need effective reconciliations that take into account different fees.
For the last 15 years, Aurum has helped companies rapidly match and manage foreign exchange and money market confirmations using robotic process automation (RPA). Tracking every transaction to source before matching against back-office, our three-way reconciliations help identify and substantiate payment fees in minutes. Streamlining operations to boost STP rates and make FX trade flow more efficient. Aurum flags critical anomalies early, saving time on unnecessary exceptions.
Integrating seamlessly with ERPs, banking systems, SWIFT and any data in any format, our software reconciles siloed financial data in real-time. Highly scalable, up to ultra-high volumes, and fully customisable with matching rules, management information and exception management from a central dashboard. Pinpoint critical errors and risks then easily drill down to the root of any issue.
With a clear audit trail and centralised reporting, you can confidently comply with regulations while getting a real-time overview of your financial positions.