See how we've helped leading financial institutions solve their toughest reconciliation challenges.
With Reconwizz, the National Bank of Vanuatu transformed its vision of reconciliation. We fundamentally improved their processes, providing a new framework for operational efficiency that helped them overcome correspondent banking challenges and support their strategic expansion.
By implementing over 20 advanced matching rules, Reconwizz completely automated the reconciliation process for NBS Bank, providing real-time visibility to combat fraud and securing their financial operations.
A tier-1 global bank was struggling with manual Nostro reconciliation across 50+ currencies, leading to significant unresolved breaks and operational risk. Reconwizz provided a centralized platform that automated the entire process, connecting to SWIFT and their core banking system to achieve a 98% auto-match rate.
A large MFI with a vast agent network automated its loan repayment and mobile money reconciliation, reducing its month-end close from 10 days to just 2 days.
A credit union automated its daily reconciliation of ATM cash, card transactions, and complex shared branching settlement files, saving over 20 hours of manual work per week.