In corporate reconciliation, a lot of information is keyed in narrative fields. The challenge is that the information is not always consistently entered. Currently, we need to extract the relevant information at the import phase to populate text fields for matching. If users key information differently, matching will not take place. Data manipulation at the match rule level will allow users to improve the matching rate.
Note: Accurate (from Fiserv ) has this functionality.
Corona (SmartStream) has this functionality. We have a client in Asia that is currently comparing IntelliMatch to Corona with a view to consolidate reconciliations. Having this feature would certainly increase our chances, not only with this client, but with other prospects that use Corona.