Match Transactions Automatically
Introduction
A background process where the platform automatically links bank transactions to matching order transactions.
When it happens:
As the bank transaction is received.
All required fields match exactly (Instrument, bank account, type, quantity, etc.)
Key Terminologies
Term (A–Z) | Definition |
|---|---|
Automatic Matching | A background process where the platform automatically links bank transactions with corresponding order transactions based on matching criteria. |
Order Transaction | A transaction generated by the platform when an order is executed; automatically matched to a bank transaction if criteria are met. |
Portfolio Positions | Holdings within a portfolio that are automatically updated after transactions are matched or marked as duplicates. |
👉 New to some terms? Check our full Platform Glossary for quick definitions.
How It Works
The platform scans for an exact match between a bank transaction and an active order transaction.
If a match is found:
Order transaction
Status = Active
Status Reason = Confirmed
It is enhanced with bank transaction description
Use the "Not Matched" filter to track which transactions were not automatically matched.
Rollback Limitations
Automatic matching cannot be rolled back. Once a transaction is automatically matched and confirmed, you cannot use the Rollback Transactions feature to revert it back to a "Not Matched" state. This is because automatic matching is a system-triggered process based on exact criteria alignment.