FIS Data Integrity Manager

Overview

FIS Data Integrity Manager is a reconciliation system for organizations that need to manage data integrity and reconciliation work centrally. It is aimed at reconciliation professionals in banking, insurance and capital markets, including teams handling complex processes. Its strength is governed automation; buyers who need a published price or a self-service purchase path should look elsewhere.

Key features

The virtual reconciler learns from manual matching patterns and applies them to matching tasks for final review. That can reduce repetitive work without removing human oversight. The integrated workflow engine automates review, approvals, exception handling and escalation, while reusable reconciliation models let teams define matching logic and approval levels for repeatable processes.

Oversight and audit capabilities track status, ownership, approvals and progress against SLAs. These controls suit teams that need clear accountability across reconciliation work, though they may be more structure than a simpler operation requires. FIS also offers a Managed Reconciliation Service that can host and maintain the solution, prepare data, and configure and run models—an option for organizations that want operational support as well as software.

FIS says the product can be accessed from a browser or device, online or from the desktop. For Commonwealth Bank of Australia, FIS announced Azure SaaS delivery with FIS managing upgrades and expected processing of more than 150 million transactions daily. That engagement also cited enterprise risk, security and compliance capabilities, including SOC 1 and SOC 2 certifications; those deployment details are specific to the Commonwealth Bank engagement.

Pricing

FIS Data Integrity Manager is paid software with custom pricing; buyers need to contact sales. There is no free plan. The sales-led pricing model makes it a poor fit for teams that need to compare fixed prices or start with a free tier before committing.

Platforms

The product is listed for web use and as a cloud deployment. FIS also describes access from any device or browser, online or from the desktop. The announced Commonwealth Bank deployment used Microsoft Azure SaaS, with FIS managing upgrades.

Who it's for

This is for reconciliation professionals who need matching assistance alongside review, approval, exception and audit controls. FIS identifies banking, insurance, capital markets and other industries as users. It is less compelling for organizations with straightforward matching needs or buyers who require pricing clarity before engaging sales.

Pros and cons

Pros: Machine-learning-assisted matching can take on repetitive matching tasks while retaining final review.

Pros: Reusable models, approval workflows and exception escalation give teams a way to standardize reconciliation processes and track ownership and SLA progress.

Pros: Managed service covers hosting, maintenance, data preparation and model configuration and operation for organizations seeking implementation and operational support.

Cons: Custom pricing requires a sales conversation, limiting straightforward price comparison.

Cons: The product's workflow and oversight structure may be unnecessary for teams with simple reconciliation requirements.

Alternatives

For treasury management, Kyriba is a paid option with Android, iOS, API and web platforms; its Kyriba Treasury plan uses custom pricing and offers a demo request path. titanTreasury is another paid treasury option, with self-hosted, web and Windows platforms.

Nomentia Smart Treasury Suite is a paid, modular treasury suite for buyers who want to select solutions around business priorities, with custom pricing through sales.

Trovata TMS offers a published Base Package at $24,000 a year, billed $24k/year, capped at 1 bank, 100 accounts, 1,000,000 transactions and 10 users. It is worth considering when those stated treasury limits and upfront annual price fit better than a sales-priced reconciliation system. IBSFINtech Enterprise Treasury Management System is a paid API and web option with pricing not listed and a demo request path.

For adjacent needs, compare the Treasury Management Software, Collections Software, Foreign Exchange Management Software, Regulatory Reporting Software, Core Banking Software and Financial Close Software categories.

Verdict

FIS Data Integrity Manager is best for financial reconciliation teams that need machine-learning-assisted matching under reusable workflows, approvals and audit oversight. Choose it for that combination of automation and control, and look elsewhere if transparent pricing or a simpler, less governed process is the priority.