SmartRECON™ by NETZ Technology Solutions

The Enterprise Recon Hub

Unify. Automate. Assure.

A configurable reconciliation platform that brings transaction matching, exception resolution, settlement assurance, disputes, reporting and audit evidence into one controlled operational environment.

Reconciliation to reporting. Exceptions to resolution.

Designed for banks and financial institutions managing complex, multi-source payment flows.

The Challenge

Reconciliation is no longer a single matching exercise.

Every channel introduces different files, systems, cut-offs, cycles, rules and settlement dependencies. Manual or fragmented processes make it difficult to see where value is stuck, why a transaction failed to match and who must act next.

Fragmented data sources

Channel, switch, core banking, network and settlement records must be aligned.

Complex matching logic

Timing, references, amounts, fees and multi-leg flows create non-trivial comparisons.

Ageing exceptions

Unresolved breaks can affect settlement, customer service, revenue and audit outcomes.

Core Capabilities

A complete operational reconciliation layer.

01

Data Ingestion

Bring together structured files and transaction data from participating systems.

02

Multiway Matching

Compare two or more sources using configurable business rules and tolerances.

03

Exception Management

Identify, categorise and route breaks for investigation and resolution.

04

Settlement Control

Track settlement positions, variances, receivables and payables.

05

Dispute Management

Support transaction research and structured resolution workflows.

06

Chargeback Support

Manage operational information required across chargeback processes.

07

Reports & Dashboards

Deliver operational views, summaries, ageing and management insights.

08

Audit Trail

Maintain logs and traceability across processing, actions and outcomes.

Cycle-wise ProcessingRule ConfigurationEJ CompatibilityDomestic & InternationalMaker–Checker ControlsRole-based Access
Operating Model

From source data to controlled resolution.

1

Connect

Source Data Integration

Receive data from transaction, channel, switch, core and settlement sources.

2

Reconcile

Configurable Transaction Matching

Run configurable matching across sources and processing cycles.

3

Resolve

Exception Identification & Resolution

Identify and classify unmatched transactions, enabling operations teams to investigate and resolve exceptions systematically.

4

Assure

Settlement & Audit Assurance

Report settlement positions, outcomes, controls and audit evidence.

Payment Coverage

Built to span the modern payment ecosystem.

Cards & Channels

ATM, BNA, POS, acquiring, issuing, prepaid and credit-card flows.

Instant & Account Payments

UPI, IMPS, AEPS, NEFT, RTGS and related settlement flows.

Networks & Messaging

Domestic schemes, international card networks and SWIFT transactions.

Digital Ecosystems

Wallets, ecommerce, payment gateways, BBPS, FASTag and merchant settlement.

Deployment

Designed to fit bank-controlled environments.

SmartRECON can be deployed on infrastructure provided and administered by the customer. The bank retains control of its operating system, database, access and day-to-day execution, while NETZ supports the application and provides operational guidance.

Customer-hosted

Application deployment within the bank’s approved technology environment.

Configurable integration

Adapt to existing data sources and operational processes with minimal disruption.

Application-focused support

NETZ supports the SmartRECON application while infrastructure remains customer administered.

Business Value

Control for operations. Confidence for management.

Faster break visibilityIdentify exceptions earlier and focus effort where action is needed.
Settlement assuranceImprove clarity across payable, receivable and settlement positions.
Revenue protectionReduce the risk of unresolved differences and missed recoveries.
Customer service supportGive teams better transaction evidence for dispute investigation.
Audit readinessStrengthen evidence, traceability and operational reporting.
Executive intelligenceTurn detailed reconciliation data into management-level indicators.
SmartRECON Walkthrough

See how the recon hub fits your payment environment.

Share the channels, systems and settlement flows you need to control, and NETZ can structure the conversation around your operational priorities.

Contact NETZ →