Transaction matching application: Difference between revisions

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imported>Doug Williamson
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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.


See also