Mastering
Financial Reconciliation
for Fintech Excellence
with Precision & Automation
At Mastropay Technology, our reconciliation services transform the complex, error-prone process of matching financial transactions into a seamless, automated workflow that ensures accuracy, compliance, and operational efficiency. In the fast-paced world of fintech, where high-volume payments across multiple channels demand real-time verification, we leverage AI-driven matching algorithms, machine learning for anomaly detection, and robust integration with banking APIs to reconcile millions of transactions daily. Our solutions not only detect discrepancies between internal ledgers, bank statements, and payment gateways but also provide actionable insights to prevent fraud, optimize cash flow, and support regulatory reporting under standards like SOX, IFRS 9, and PSD2. By automating 95% of manual reconciliations, we help businesses reduce processing times from days to minutes, cut costs by up to 70%, and achieve audit-ready accuracy rates exceeding 99.9%.
Our End-to-End Reconciliation Lifecycle
We employ a structured, AI-augmented lifecycle that automates the tedious task of transaction matching while providing deep visibility into discrepancies. From data ingestion across disparate sources to automated break resolutions and audit trails, our process ensures financial integrity, supports real-time decision-making, and scales effortlessly with transaction volumes, integrating seamlessly with ERP systems like SAP or Oracle Financials.
Data Ingestion & Normalization
Gather and standardize transaction data
The foundation of accurate reconciliation begins with secure ingestion of data from diverse sources: bank statements via MT940/SWIFT formats, payment gateways like Stripe or PayPal APIs, and internal CRMs. Our ETL pipelines use fuzzy matching algorithms to normalize disparate formats—handling variations in currency codes, date conventions, and reference numbers—while applying data quality rules to flag duplicates or incompletes. This phase incorporates real-time streaming for high-velocity payments, ensuring that even micro-transactions from digital wallets are captured without latency, setting the stage for precise matching and reducing downstream errors by 80% through pre-validation schemas.
- API/webhook integrations with 50+ financial providers
- Batch and real-time data feeds with idempotency controls
- Schema mapping for legacy vs. modern systems
- Encryption and tokenization for sensitive data handling
Matching & Break Detection
Intelligent transaction pairing
Employing rule-based and ML-enhanced engines, we perform multi-level matching on criteria like amount tolerances, timestamps, merchant IDs, and hash keys for partial matches. Advanced techniques such as graph-based clustering resolve complex breaks involving netting or reversals, while anomaly detection flags outliers like duplicate charges or timing discrepancies. This automated core reduces manual intervention to under 5%, with configurable thresholds for high-value transactions requiring human oversight, all while generating detailed audit logs for traceability.
- Hierarchical matching (exact, fuzzy, probabilistic)
- ML models trained on historical break patterns
- Break categorization (timing, amount, reference)
- Escalation workflows for unresolved items
Resolution & Adjustment
Automate fixes and adjustments
For identified breaks, our system triggers automated resolutions: querying counterparties via APIs for clarifications, applying tolerance adjustments for FX variances, or generating suspense entries for investigation. Integration with G/L systems allows seamless posting of reconciled items, with workflow engines routing high-risk cases to finance teams via collaborative dashboards. This phase ensures cash positions are updated in real-time, preventing liquidity shortfalls and supporting accurate forecasting models.
- Automated journal entries & suspense accounting
- Counterparty query automation
- Batch adjustment approvals
- Reconciliation aging reports
Reporting & Analytics
Generate insights and reports
Beyond basic match reports, we deliver BI dashboards visualizing reconciliation KPIs: break rates, aging trends, and cost per transaction. Predictive analytics forecast potential discrepancies based on volume spikes or partner changes, while regulatory reports (e.g., SAR filings) are auto-generated. Custom alerts notify of thresholds like unmatched volumes exceeding 1%, empowering proactive management and strategic decisions on partner performance or process improvements.
- Interactive Power BI/Tableau integrations
- Custom KPI scorecards & trend analysis
- Automated regulatory filings
- Ad-hoc query builders
Optimization & Continuous Improvement
Refine and scale processes
Leveraging feedback loops from reconciliation outcomes, we continuously tune ML models with new data, recommend rule enhancements, and simulate stress scenarios for robustness. Quarterly reviews assess ROI, identifying automation opportunities or partner optimizations, ensuring the system evolves with business growth, new regulations like DORA, or emerging payment types such as instant settlements.
- Model retraining & performance benchmarking
- Process mining for bottleneck identification
- Scalability testing & capacity planning
- ROI dashboards & value realization reports
Powerful Reconciliation Capabilities at Mastropay Technology
Our platform offers a suite of advanced tools tailored for fintech complexities, from high-frequency trading reconciliations to cross-border payment netting, ensuring every transaction is verified with forensic precision and operational grace.
Real-Time Matching Engine
Process streaming data from payment gateways and ledgers in sub-second intervals, using vector embeddings for semantic matching to handle unstructured references and partial data.
- Event-driven architecture with Kafka
- Threshold-based auto-alerts
- Scales to 100K+ TPS
AI-Powered Anomaly Detection
Leverage unsupervised learning to identify outliers in transaction patterns, predicting potential breaks from historical trends and external signals like market volatility.
- Graph neural networks for relationship mapping
- Explainable AI for root cause
- Integration with fraud scores
Multi-Entity & Cross-Ledger
Reconcile across subsidiaries, currencies, and ledgers with intercompany netting and consolidation views, supporting IFRS 10 group reporting requirements.
- Hierarchical entity rollups
- FX reconciliation at average rates
- Elimination entries automation
Audit & Compliance Trail
Immutable blockchain-backed logs for every match/resolution, with e-discovery tools for regulatory inquiries and SOX 404 attestations, ensuring defensible records.
- Tamper-proof reconciliation history
- Automated control testing
- Export to XBRL/CSV for filings
Cash Flow Forecasting Integration
Link reconciled data to predictive models for liquidity projections, incorporating variance analysis to inform treasury decisions and mitigate funding gaps.
- Scenario modeling & sensitivity analysis
- API hooks to ERP/treasury tools
- Alert thresholds for variances
Partner & Vendor Reconciliation
Automate B2B reconciliations with suppliers and affiliates, handling invoices against payments with OCR for unstructured docs and blockchain for tamper-proof verifications.
- 3-way matching (PO, invoice, receipt)
- Vendor portal self-service
- Dispute resolution workflows
Why Mastropay Technology for Reconciliation?
With 12+ years in financial automation and certifications in ISO 27001 and SOC 2 Type II, our team of 40+ reconciliation specialists has streamlined operations for 200+ fintechs, processing ₹500B+ in annual volumes. We don't just match numbers—we unlock insights that drive profitability and compliance confidence.
AI-Driven Precision
Our proprietary ML engines achieve 99.9% match rates, learning from your data to adapt rules dynamically, far surpassing traditional spreadsheet methods in speed and accuracy.
Seamless Integrations
Pre-built connectors for 100+ systems, from core banking to crypto exchanges, ensuring plug-and-play deployment with minimal custom coding and rapid ROI realization.
Compliance Automation
Built-in controls for global regs, auto-generating reports and flags for audits, freeing your team to focus on growth rather than paperwork and penalties.
Precision UI/UX Design for Reconciliation Interfaces
Our UI/UX packages are optimized for reconciliation dashboards, emphasizing intuitive data visualization, workflow automation, and role-based views to enhance user productivity and decision-making.
Starter Design
Basic dashboard UI
- 5 key screens wireframed
- Basic mockups
- 2 revisions
- Advanced analytics viz
Business Design
Full workflow interfaces
- 15 screens with interactions
- Prototypes & animations
- User testing (10 sessions)
- Design system basics
Enterprise Design
Comprehensive interfaces
- Unlimited screens
- Full prototypes & testing
- Custom design system
- Ongoing maintenance
Packages include Figma files, style guides, and 30 days support. Retainers offer monthly iterations for evolving interfaces.
Request Design ProposalReady to Automate Your Financial Accuracy?
Team up with Mastropay Technology to implement reconciliation that turns data chaos into clarity. Start with a free process audit to uncover efficiencies and roadmap your path to flawless financial operations.
Mastropay Technology | Reconciling Complexity into Clarity