Outsourced Best Practice Reconciliations.

The Afxisi is an on-demand service from Afxisi Technology Services that meets the reconciliation and investigation needs of large corporate and niche financial services organisations, improves the reconciliation performance, and leads to a reduction in TCO of upto 40%.

Client Challenges

• Financial instruments are getting increasingly complex
• Transaction Volumes are escalating exponentially
• Having a flexible reconciliations operation that adapts to a changing market environment
• Managing a large workforce with significant overheads to process transactions at the desired service level, in an environment of reducing IT budget.

What Afxisi Provides

The Afxisi delivers a scalable, industry leading ‘centre of excellence’ for the matching, investigation and reconciliation of core and client-specific financial transactions.

The service is based on a shared-service provisioning on our partner’s market leading reconciliations software platform, and draws on Afxisi expertise in Business Process and IT Service Management (ITSM) outsourcing. The service leverages the network of Global delivery centers and our experience in the Financial Services industry.

Business Value

Afxisi helps customers eliminate limitations of their reconciliations and investigations operation in the fastest possible time.

• Provides a flexible and scalable solution that meets the current and future processing requirements of their reconciliations operation
• Achieves dramatic reduction in the level of manual intervention required to process transactions
• Future-proofs reconciliations utility without any up-front investment
• Enables our customers to take on and process new and complex instruments more quickly, with the associated increase in time to benefit
• Improves risk reporting throughout the reconciliations lifecycle of a transaction.
• Reduces total cost of ownership for reconciliations by up to 40%