Contributor: Rich Chapman
When my interest in matching and reconciliation solutions began around 10 years ago, solutions were nothing more than a box in the corner producing daily exception lists for manual review and archival. Investments in technology have had an incredible effect on such solutions that now include complex ETL integration, pre-and post- import validation and manipulation, duplicate checking, intra-day processing, aggregate matching, permutation matching, candidate matching, multi-threading, workflow, real-time reporting, 64 bit processing, complex derivative and high volume processing. It’s exciting and it represents enormous cost and risk reduction for organisations effectively deploying such capabilities. But spare a thought for our IT and system support teams that configure, customise, track, analyse and optimise these environments.... read more