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Financial Data Control
Innovative
Solutions
Ascent is a niche software product
company focused on addressing
operational challenges, regulatory
requirements to the world of Financial
Control. Ascent offers cutting edge
Innovative Fintech Platform & has
deepest understanding of the global
economy and financial markets. We
are focused on delivering world class
applications by identifying key
challenges faced by our clients in their
business continuity models
Our mission is to bring cutting edge
technology to Fintech industry by
developing and deploying world
class solutions that resolve our
clients’ challenges
MISSION
Our vision is to technologically
revolutionize the Fintech industry by
digitizing, automating and optimizing
Fintech Business operations, and there
by making Businesses more cost
efficient and process oriented
VISION
AutoBCM® software is
highly configurable web
based software which
helps various enterprises
to meet Business
Continuity Management
objectives with
efficiency and
consistency
Promart Escrow® Solution
automates the end-to-
end process of Escrow /
Trust Account
Management by giving a
configurable solution that
not only adheres to
regulatory compliance,
but also gives a good ROI
AutoRecon® automates
complete reconciliation
process in a most cost-
effective way with the
ability to reconcile
higher transaction
volumes in lesser time
Our Products
1 32
AutoRecon® offers Dashboards and Customized reports for
management.
AutoRecon® generate bulk uploads and reports required to upload on regulators
portal.
AutoRecon® after reconciling data, generates files for proactive credits
to client for failed and time out transactions which gives trust to client.
AutoRecon® have a inbuilt Dispute Management System which helps in in
time resolution of Complaints from Client.
AutoRecon® automate complete reconciliation process which results in
cutdown of resource cost who are doing job manually.
Better financial control.
Compliance on time
Improve efficiency and
save cost through
Automation.
Improve Goodwill for client
Helps in increasing
Business through trust building.
Our Solution
Product Description - AutoRecon©
AutoRecon© is a web
based multi tenancy platform enabling
end to end Enterprise reconciliation,
Settlement & Regulatory Reporting for
following & more Banking Business,
deployed across clients in 9 Countries:
• ATM
• Cards – Credit & Debit
• SWIFT Payments
• Internet Banking
• Mobile Banking
• E Wallets
• Utilities
• GL/ Suspense Accounts
• Nostro/ Vostro
Rule Driven Exception
&
Case ManagementAugmented
Performance &
Highly Scalable
99.9%
Reconciliation
in Real-Time
Intelligent
Matching Algorithms
Embedded AI &
Machine Learning
Chargeback &
Proactive Dispute
Management
SaaS and
On-Premise
Dynamic Reports
& Dashboards
Configurable
ETL
CORPORATES
GOVT / PVT BANKS
CAPITAL MARKETS
PROCESSORS
SMS EMAIL
ALERTS
EXCEPTION
MANAGEMENT
FORCED MATCH
FORCED UNMATCH
SUPRESS
GL ENTRY
REVERSAL KNOCK OFF
AUTORECONDATABASE
XML
TXT
CSV
XLS
POS | ATM | FX | CARDS | NOSTRO | DIGITAL WALLET
UPI| AEPS| PMT GTWAY RECON|BBPS|GL RECON | TREASURY RECON ….
INTERNALEXTERNAL
ONE TO ONE
ONE TO MANY
MANY TO ONE
MANY TO MANY
SWIFT
SWIFT
CHARGE BACK
/
DISPUTES
EX
CE
PT
ION
DA
TA
OP
ER
AT
ION
S
DIFFERENT
SOURCES
S1 – S2 – S3 …….
SN
UP
ST
RE
AM
INT
EG
RA
TIO
ND
OW
NS
TR
EA
M IN
TE
GR
AT
ION
RULE
ENGINE
RECON
ENGINE
DYNAMIC
DASHBOARDS
CONFIGURABLE
REPORT
DYNAMIC
WORK FLOW REAL TIME
ANALYTICS
ETL
Product LifeCycle
Engagement Model
Cloud-Based
• Multiple customers hosted on single instances
• Deployed on load balanced farm of servers
• Customer data kept in isolation
• Optimizes overall cost of the process while providing
ease of maintenance
• Ascent Partnered with AWS & MS Azure Cloud
Platforms
On-Premise / Managed Services.
• A web based multi tenancy / institutional system
• Supervision and management by user in their on
secure environment
• Improves operational efficiency
• Reduces operational risk & costs
2.6 BillionTransactions processed
24 ClientsAcross 9 Countries
6000 ATM’s500K POS
18 Payment ChannelsAll types of Banking Transactions
AutoRecon© Success Story
Multiple Disparate System
Regulatory compliance
Operational Control
Theft and Fraud Control
(Prevention & Detection)
Revenue Leakage
Banking / Transactions Solution
Biggest Myth – Core Banking can handle Reconciliation ?
Payment Gateways & Switches Cards – Credit & Debits ATM’s
Complex Data Formats in Multiple Payment Channels- .CSV , TXT, EXCEL, DB, Unstructured Data, Complex SWIFT Formats
Reach Us
Ascent Technology Consultingwww.ascentbusiness.com
Thank You