Transaction matching application: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Create the page: Source: Standard definitions for techniques of supply chain finance report) |
(No difference)
|
Revision as of 14:54, 20 April 2016
(TMA).
In a bank payment obligation, the transaction matching application is the matching engine which compares submitted data with the baseline and declares a match or non-match.
An example of a TMA is the SWIFTNet Trade Services Utility (TSU) which is a matching system for trade documents designed to allow banks to provide funding at various stages throughout the physical supply chain.