Transaction matching application: Difference between revisions

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(TMA).
(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.
A transaction matching application compares submitted data with prespecified criteria (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.
TMAs are used in bank payment obligations.
 
 
An example of a TMA is the SWIFTNet Trade Services Utility (TSU).
 
This is a matching system for trade documents designed to allow banks to provide funding at various stages throughout the physical supply chain.





Revision as of 09:19, 21 April 2016

(TMA).

A transaction matching application compares submitted data with prespecified criteria (the 'baseline') and declares a match or non-match.

TMAs are used in bank payment obligations.


An example of a TMA is the SWIFTNet Trade Services Utility (TSU).

This is a matching system for trade documents designed to allow banks to provide funding at various stages throughout the physical supply chain.


See also