Guardexia has introduced automated transaction matching, helping payment firms identify reconciliation breaks faster and strengthen safeguarding audit trails.
Guardexia, the safeguarding compliance platform for FCA-regulated Payment Institutions and EMIs, has added automated transaction matching to its daily reconciliation workflow.
The feature matches bank movements against internal ledger entries line by line, automatically suggesting matches by amount, date and reference. Unmatched items surface as exceptions with a timestamped audit trail, giving compliance and finance teams a documented record of how each discrepancy was identified and resolved.
Most reconciliation processes confirm whether balances agree. Transaction matching identifies the specific movement causing a difference, whether a pending settlement, a timing gap or a genuine shortfall. The distinction matters when producing evidence for internal governance, external audit, or regulatory review.
The matching engine runs on daily scheduled ingest, applies configurable rules per firm, and enforces maker/checker confirmation before any match is locked into the audit record. Approved decisions are retained within the platform’s audit record.
Humzah Amin, Founder of Guardexia and previously Head of Finance at Wirex, noted: “During my time leading safeguarding reconciliations, identifying and evidencing reconciliation breaks was often more time-consuming than producing the reconciliation itself. The objective was to create an audit trail that explains not only that a difference exists, but how it was investigated and resolved.”
The functionality is available immediately to firms using the Guardexia platform. Further information is available at guardexia.com.
