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Use Case—Nostro Accounts Match

In: The Digital Journey of Banking and Insurance, Volume II

Author

Listed:
  • Volker Liermann

    (ifb SE)

  • Sangmeng Li

    (ifb SE)

  • Johannes Waizner

    (ifb SE)

Abstract

The matching of nostro accounts is a common challenge in financial departments. Most institutions have automated the preparation of the matching process to a certain extent. However, the matching is still executed by humans. The authors present an approach to combine cluster algorithms with combinatorics to meet the challenge.

Suggested Citation

  • Volker Liermann & Sangmeng Li & Johannes Waizner, 2021. "Use Case—Nostro Accounts Match," Springer Books, in: Volker Liermann & Claus Stegmann (ed.), The Digital Journey of Banking and Insurance, Volume II, edition 1, pages 21-31, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-78829-2_2
    DOI: 10.1007/978-3-030-78829-2_2
    as

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