Ascent AutoRecon

Benefits

Ascent Technology Consulting is a niche software and services company,

specialized in providing real-time transaction matching and enterprise-wide
automated reconciliation solutions for the global industry.
Ascent DNA is in building operational efficient solutions for its clients across
Middle East, GCC, US, UK Malaysia and Africa. Ascent AutoRecon has proved
itself to be the fastest growing Reconciliation Software Product in its class.
The company is headquartered in Dubai, with client and office locations spread
across the world. With a combination of technical know-how and domain
knowledge, we provide solutions that are customizable, yet cost effective.

CONSULTING | TECHNOLOGY | SOLUTIONS

FINANCIAL
STABILITY THROUGH
AUTOMATION

DATA INTEGRITY
Ascent AutoRecon system integrates with Banks Active Directory for user
authentication and offers Role Based Access Control (RBAC) capability as a
standard feature.

Multiple profiles are assigned to business users and data integrity is assured
by masking sensitive data field at view level.

HIGH VOLUME PERFORMANCE

Ascent AutoRecons engine is clusterable and a single recon job execution
can distribute the load across the cluster nodes to optimally utilize the system
resources. Thus, it is easily scalable to large transaction volumes and user
base without re-deploying and extending the solution.

KINGDOM OF
SAUDI ARABIA
USA (BOSTON)

UK

UAE (DUBAI)

EXCEPTION HANDLING
Every transaction has a Drill-Down feature and workflow / case management
can be initiated at exception management level. A complete audit trail and log
for each transaction is always maintained.

INDIA (HYDERABAD)

KENYA

Consequently, Ascent AutoRecon manages exception handling through

streamlined workflow.

Headquarters

Sales & Consulting

Research & Development

INTEGRATED CASE MANAGEMENT

Ascent AutoRecon maximizes investigation case flow of extreme exception
cases and streamlines the workflow through integrated case management.
CONSULTING | TECHNOLOGY | SOLUTIONS

Its intelligent inbuilt validator, proactively identifies the risky cases and
resolves unmatching by investigating authentic data from different nodes of
database.

Head Office - Dubai

Ascent Technology Consulting
503, Saba 1 Tower, cluster E,
Jumeriah lake towers, Dubai,
United Arab Emirates.
PO Box: 450576
Phone: +971 43 693506
email: info@ascentitgroup.com
www.ascentitgroup.com

India Office
Ascent Resilience Solutions Pvt Ltd
101, First Floor, Bhans Aarohan Plaza
Punjagutta, Hyderabad,
Telangana,
India
Phone: +91 40 23331739
email: info@ascentitgroup.com
www.ascentitgroup.com

Features of Ascent AutoRecon

A comprehensive solution for real-time

analysis with Straight Through Processing Technology
Ascent AutoRecon is an intelligent banking reconciliation software, built on Next
Gen Technology, providing an end-to-end enterprise-wide scalable solutions for
complex transaction and exception cases. It is a highly configurable, real-time and
cloud-based reconciliation solution, which helps achieve higher levels of STP
through multiple matching rules, rules driven exception processing and automated

DATA MANAGEMENT SERVICES

Harmonization of the
transactional Data from
various Up-Stream Systems
which involves validations,
enrichment, transformations,
de-duplication etc.

RECONCILIATION SYSTEM
UI based configurable
matching rules which
incorporate complex business
intelligence. Scenario based
automated transaction matching..

enterprise

reporting,

downstream

of any small / medium / large institutions.

AutoRecon

Business Areas

CORPORATES

Life Cycle
Management

PROCESSORS

CAPITAL MARKETS

TREASURERS

AUTORECON

Provides secure environment through traditional on-premise & SaaS implementation

Increase your profitability &

competitiveness by real-time
reconciliation

information flow, risk repository, archiving, auditability and financial control needs

BANKS

Reduces manual effort, errors, risk and exposure & replaces paper and spreadsheets

Avoids additional development effort through rich web based UI

can efficiently manage the diverse data pre-processing, validation, enrichment,

management,

Integrates with almost any existing enterprise upstream systems

and ongoing operational costs

The web based software is built on a high performing reconciliation platform, which
exception

investment managers, prime brokers, broker/dealers and custodians

Improves operational efficiency and visibility while reducing operational risk

follow-ups.

reconciliation,

Ready to deploy and use for various business sectors like banking, hedge funds,

RBAC & WORKFLOW

Business users access
through authorizations
and RBAC Flexible
workflow management

REGULATORS

ENTERPRISE INTEGRATION
Integration with the upstream
systems for transaction
data input Configurable
data structure template.

Ascent AutoRecon architecture is designed to serve multiple customers in a single

instance and this multi-tenancy feature makes the solution highly cost-effective.
Ascent AutoRecon ensures financial stability through automation of reconciliation
processes of varied banking & non-banking business areas such as
CORE BANK

ATM Transactions

Assets

1 million transactions /
2.39 mins

Visa & Master Cards

99.9% reconciliation in
real-time

ATMEJ

SWITCH

Nostro & Vostro

General Ledger

Rule Driven
Exception Management

Inelligent Matching
Algorithms

Augmented
performance &
volume scalability

High customer staisfaction

with real-time
break resolutions

Customizable &
configurable

ENTERPRISE REPORTING & DASHBOARDS

Configurable Enterprise Reporting &
Dashboards Pre-Canned template
Based Scheduled report generation & event
based publishing Standard operational &
performance reports will be configured.

EXCEPTION MANAGEMENT
Fully integrated & Configurable
on-line management of
exceptions summary, balances
and details transactions with drill
down capability..

Fund Transfer System

NOSTRO

Wages Protection System

E-Commerce
Telecom

Multi Institutional

ATM

SECURITIES

SWIFT

CARDS
UTILITY

Saas & On-premise

VISA/MASTERCARD

Ascent

ISSUER/
ACQUIRER

GL