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News Release - 9 February 2009

 

African Central Bank goes live with PROactive™ to automate its FX, nostro and other cash reconciliation processes

A leading African central bank has implemented PROactive Reconciliation and Confirmation Matching as part of its strategy to improve efficiency and reduce risk across its back office operations. It will replace existing in-house systems and manual back office processes with an established market leading solution.

The PROactive™ flexible Rules Engine provides for the early identification of exceptions and combines this with an intuitive user interface and automated reporting that not only mitigates risk but also delivers higher levels of customer service through prompt query resolution.