Financial organizations continually strive for a straight-through processing (STP) model, where the data is entered into a single system once, and then sent via interface to multiple downstream ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. In the latter part of 2001, TMI implemented fully automated ...

In batch production, efficient exception management means reducing the time required to identify, review, and resolve process exceptions. Incorporating review by exception functionality within ...

Editorial The bank will use the system for the automatic reconciliation and exception processing of cash nostro accounts, trades and holdings, FX and money market confirmations, corporate actions, ...

University students, faculty, staff, contractors, and volunteers must comply with all applicable policies, approved practices, rules, standards, procedures, and guidelines. The Information Security ...

An exception item refers to banking transactions that can't be processed, often due to issues like insufficient funds or incomplete checks. Learn how automation simplifies resolving them.