Nostro Reconciliation demo
The statement and the ledger joined like a zipper, only the open breaks left, each explained from its payment's own trail 1:30
What the demo shows
Reconciliation teams match nostro and vostro statements to the ledger and clear each break
Every morning seven agents check the overnight statements, match what the rules cannot, and explain each remaining break from the payment's own trail: messages, gateway log, payments hub and the correspondent's replies. On one screen per account and value date the analyst sees the statement and the ledger joined like a zipper, with only the open breaks left, each cited. The agents draft the recall, the query or the posting; the analyst accepts, edits or rejects with a reason; a team lead approves every posting, write-off, recall and claim, and the financial controller approves write-offs above $10,000. A liquidity agent shows treasury which balances could be released, and the month-end certification pack builds as the work is done.
Transcript
- Nostro Reconciliation matches correspondent statements to the ledger, and clears every break.
- Payments now travel as ISO 20022; many statements still arrive as MT950.
- Ninety-six percent of lines match alone; agents brief Dana on the rest.
- On the Hallerbank euro account, matched lines fold away; only gaps remain.
- One gap: forty-eight thousand two hundred fifty euros, six days old, never booked.
- Agents read the messages and gateway log: a timeout, a resend, paid twice.
- Every fact is cited; Dana checks the camt.056 recall and accepts it.
- She cannot approve her own work; Marcus, the team lead, approves, and the recall goes out.
- Every decision is on the audit trail; the month-end pack builds itself.
- Result: breaks explained by morning, and two hundred twelve million dollars ready for treasury.
- Built on Botminds: agents, data, screens and governance on one platform.
The narration as written for the film. Captions are on the player.