Introduction to Data Extraction for GTMatch

GTMatch is a third-party application hosted and managed externally by the provider Bottomline Technologies operating in Switzerland. The system allows the reconciliation of Nostro cash movements, securities movements, and holdings with our corresponding banks and custodian, beside trailer fees, and unsettled securities trades.

Temenos Transact needs to extract Nostro cash movements, security holdings position, security master extract file and place them in the configured path after which the bank will export the file to GTMatch reconciliation system to conduct different types of reconciliation.