NOTIVA Mirror is an account reconciliation product for banks that manage NOSTRO account reconciliation (matching of MT202 with MT300). It seeks data from the internal treasury systems (all the deals and transactions) and matches the same with the corresponding NOSTRO statements.

The Key Features of MIRROR

Allows 1-1, 1-many, many-1 and many-many combination for reconciliation


Allows manual entry from statements where electronic transaction data is unavailable


Robust matching engine with versatility for de­fining matching options


Internet browser-based, thin client architecture allows for reconciliation to be carried out from multiple workstations, locations accessing application on a central server


Three types of matching algorithms used for performing reconciliation include:

  • Manual match where the users have to select the entries on both the ledger and the statement side and then match

  • Automatic match where rules are defi­ned for different accounts and these rules are used automatically to match the data from the selected accounts

  • Intelligent match where there is a set of ten predefi­ned rules to match the data for the selected accounts


Add-on module to manage exceptions and communications

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