Reconcile hedge instrument valuations
Compare internal valuations (TMS) against bank valuations for your hedging instruments.
Introduction
Each bank sends valuations (mark-to-market) in a different format. Comparing them against internal valuation (TMS/Forex Finance) is a complex manual exercise. Undetected valuation discrepancies represent an IFRS 9/13 accounting risk.
Phacet extracts bank valuations (OCR on PDF), reconciles them instrument by instrument against internal valuation, calculates discrepancies and analyzes root causes of significant divergences.
When to use this Phacet
Built for treasurers, CFOs or auditors who want to:
• Automate valuation reconciliation instrument by instrument.
• Detect MTM discrepancies between internal and bank valuations.
• Document significant discrepancies with analysis.
• Ensure IFRS 9/13 compliance on hedging instruments.
AI skills involved
Automatically pull key data points from your documents
Phacet identifies and extracts the fields that matter — invoice numbers, amounts, due dates, IBANs, supplier references, VAT codes, contract terms — even from unstructured or inconsistent documents. Data comes out clean and ready to use in the next step.
Automatically match your data across files, tools and systems
Phacet cross-references your data across sources - invoices vs. payments, POs vs. receipts, bank lines vs. GL entries, CRM deals vs. billing records. It tells you exactly what matches, what's missing, and what's off. No VLOOKUP, no manual comparison.
Validate every line against your rules, thresholds and references
Define your rules once - negotiated prices, spending caps, expense policy, contract conditions, approval thresholds - and Phacet applies them to every single row, every time. Every discrepancy is flagged with the exact reason, ready for review.
Get notified on what matters and share results without manual work
Phacet sends alerts the moment a threshold is crossed or an anomaly is detected by email, Slack or in-app. It also generates summaries, dashboards and structured exports ready to send to your ERP, your team or your management. Results reach the right people at the right time, automatically.
Business impact
77% time savings on MTM reconciliation
From 2-3 days per quarter to 3-4 hours. Instrument-by-instrument matching is automatic.
IFRS 9/13 compliance ensured
Valuation discrepancies are detected and documented. The report is ready for the auditor.
Market risk visible
Significant divergences are analyzed. You understand why the bank and your TMS disagree.
Integrated with everything
Steps to get Started
Import your valuations
Load bank valuation notices (PDF) and your TMS export (Kyriba, Forex Finance).
The AI extracts and reconciles
Phacet extracts MTMs from bank PDFs identifies each instrument and reconciles with internal valuation.
Discrepancies calculated with thresholds
Each gap is measured Divergences beyond the tolerance threshold are flagged.
IFRS analysis and reporting
Significant gaps are analyzed (market parameters curves). The report is exportable for audit.
Unlock your AI potential
Do more with your existing resources using tailored AI solutions.
Frequently Asked Questions
Interest rate swaps, FX forwards, options, caps/floors. Any hedging instrument with a MTM.
Yes. Each bank has its own format. Phacet extracts data by OCR and normalizes it for comparison.
Yes. You define thresholds in absolute value or percentage by instrument type.
Yes. The report documents discrepancies, analyses and conclusions. Ready for the IFRS auditor.
Yes. The history allows identification of recurring patterns and improvement of internal valuation parameters.
