The best IntelliMatch alternatives for a bank depend on what IntelliMatch reconciles for you. For securities, custody and high-volume multi-asset matching, SmartStream, Duco and Gresham Control are the like for like replacements. For cash, payments, Federal Reserve and GL reconciliation at a regional bank or credit union, ReconArt, Trintech and Bankautomation fit better and are simpler to run.
Disclosure: Bankautomation is our product. It appears in the tables with its weaknesses stated, and for several IntelliMatch workloads it is not the right answer.
IntelliMatch is now FIS Data Integrity Manager
IntelliMatch was built by SunGard, came to FIS with that acquisition, and is now sold as FIS Data Integrity Manager. The product is still a serious reconciliation platform: it is SWIFT accredited, performs account-level balance and transaction proofing, and runs review, approval, exception and escalation through an integrated workflow engine, with a machine learning feature FIS calls the Virtual Reconciler. FIS also sells an Optimized Reconciliation Service for institutions that want the work run as a managed service.
Scale is not the reason anyone leaves. In May 2026 the Commonwealth Bank of Australia selected Data Integrity Manager, delivered as SaaS on Microsoft Azure with upgrades managed by FIS, to process more than 150 million transactions a day on one platform. If your bank is that size and happy with FIS, the rest of this article is a benchmarking exercise.
Why banks start looking for an IntelliMatch alternative
Banks run a competitive process at three moments. The first is the move from an older on-premises or hosted IntelliMatch install to the SaaS version of Data Integrity Manager. New infrastructure, retested matching rules and a new operating model make it a re-implementation in all but name, so it is the natural point to price the market. The second is cost: an enterprise license sized for a global institution is hard to justify at a regional bank that mostly reconciles cash, card and ACH.
The third is change speed. IntelliMatch developer is a job title of its own, which tells you how many banks depend on a small specialist team or an implementation partner to add a reconciliation or adjust a matching rule. Operations leaders increasingly want to make those changes themselves, under approval, without a change request queue.
Map your IntelliMatch workload before you shortlist
Like TLM, IntelliMatch often became the home of every reconciliation the bank has, so the replacement is rarely one product. Split the inventory by type first. The table shows where each type usually goes.
| What IntelliMatch reconciles for you | Typical volume and complexity | Realistic alternatives |
|---|---|---|
| Securities, custody, trade and position reconciliations | Many counterparties and asset classes, high daily volume | SmartStream, Duco, Gresham Control |
| Nostro and correspondent cash (MT950, camt.053) | High volume, value date and FX differences, SWIFT formats | Gresham Control, SmartStream, Bankautomation |
| Federal Reserve account, FedACH and FedNow settlement | Daily and weekend cycle dates, FIRD and settlement files against the GL | Trintech Frontier, ReconArt, Bankautomation |
| Card, ATM and ACH settlement | Daily net settlement files and core postings | ReconArt, Trintech Frontier, Bankautomation |
| GL substantiation and intercompany | Monthly balances, certification and sign-off | Trintech Cadency, BlackLine, ReconArt |
| Client money and regulatory reconciliations | Rule driven, audit heavy, often UK or EU regimes | AutoRek, Duco |
IntelliMatch alternatives at a glance
| Platform | Deployment | Strongest at | Pricing | Where it falls short of IntelliMatch |
|---|---|---|---|---|
| SmartStream (Smart Reconciliations, formerly TLM) | Cloud, SaaS or on premises | Cash, securities and settlements at large banks. SmartStream says it serves 70 of the world's top 100 banks | Quote only | Just as heavy to implement, so it rarely lowers cost |
| Duco | Cloud only | Capital markets data reconciliation with self-service rules written in plain language | Quote only | Less focused on retail bank cash, card, ACH and Fed settlement |
| Gresham Control (Clareti) | Cloud (Control Cloud) | High-volume transaction control across payments, treasury and securities. Gresham says more than 100 firms adopted Clareti since 2013 | Quote only | Fewer US community and regional bank references |
| AutoRek | Private cloud, SaaS (Grath) or embedded (Topa) | Financial services cash, payments, securities and client money reconciliation | Quote only | Strongest where UK and EU regulatory reconciliations matter |
| ReconArt | SaaS or customer-hosted | Bank, card, ACH, Federal Reserve and GL reconciliation for mid-size banks and credit unions | Quote. ReconArt states an average annual cost below $50,000 | Not built for securities and custody at global bank scale |
| Trintech (Frontier, Adra, Cadency) | Varies by product | US bank reconciliation through Frontier, mid-market matching in Adra, close and certification in Cadency | Quote only | Several product lines with different roadmaps to pin down in the proposal |
| Bankautomation | Cloud | Daily break management for nostro, Federal Reserve, card, ATM and ACH, with every break classified, routed and aged | Published, from $1,200 a month | Newer vendor, no securities or custody matching, not a close tool |
SmartStream, Duco and Gresham: replacing IntelliMatch at scale
If IntelliMatch runs securities, custody and trade reconciliations across many counterparties, these three belong on the list. SmartStream's reconciliation line, the evolution of TLM Reconciliations Premium, is the other long-standing enterprise choice, so a move from IntelliMatch to SmartStream swaps one heavy platform for another and is worth it mainly when the feature fit is clearly better. Our SmartStream TLM alternatives guide covers that platform in detail.
Duco runs only in the cloud and lets business users build reconciliations in a natural language rule syntax, now with an agentic rule builder, which answers the change speed complaint head on. Gresham Control handles data-agnostic, high-volume matching across payments, treasury and securities. All three are quoted, all three need a real implementation, and none of them is the cheaper option.
AutoRek and ReconArt: focused and lighter
AutoRek is built for financial services reconciliation across cash, payments, securities and regulatory work, and it is at its strongest where client money rules apply. ReconArt covers bank, card, ACH, intercompany and GL reconciliation for mid-size institutions and names credit unions such as Catalyst Corporate FCU, which reconciles Federal Reserve, ACH and RTP accounts, among its customers. It is also one of the few vendors here to publish a cost figure: an average annual cost below $50,000. For a regional bank whose IntelliMatch footprint is mostly cash and GL, ReconArt is a sensible first demo, and its own rivals are set out in the ReconArt alternatives guide.
Trintech: if the close is part of the question
Trintech bought Frontier and Accurate Reconciliation from Fiserv in 2023, and said at the time that the business served more than 400 clients, including 8 of the top 10 US banks. Frontier is a direct US bank alternative to IntelliMatch for high-volume cash and payment reconciliation, and Cadency adds close and certification. Get a written position on which platform your contract is for and how long it stays the lead product. The detail is in Trintech alternatives for banks, and if BlackLine is also being considered, see BlackLine alternatives for banks.
Bankautomation: the daily break queue with a published price
Bankautomation replaces the part of IntelliMatch that operations teams live in every morning: the exception queue. It reads camt.053 and MT940 statements, Federal Reserve FIRD files, card and ATM settlement, ACH reports and core exports, matches in two passes (an exact key first, then tolerances your team approved) and turns what is left into a classified break with an owner, an age and a suggested action. Banks usually start with nostro reconciliation automation or with Federal Reserve account reconciliation software, where evening and weekend FedNow activity has turned a business day job into a seven day one. ACH settlement and returns are covered on ACH reconciliation software.
Pricing is public on the pricing page. Operations is $1,200 a month for one process line and 250,000 matched items. Platform is $3,900 a month with 2,000,000 items, unlimited source connections, SSO and maker-checker approvals. Institution is $9,500 a month for multi-entity groups, and Enterprise is priced to scope. It does not reconcile securities or custody positions, and it is a newer vendor without FIS's installed base. The resolver at the top of this page runs on a sample nostro statement, so you can judge the matching before any call.
When staying on FIS Data Integrity Manager is the right call
Leaving is not always the answer. If IntelliMatch reconciles securities and cash across several regions, your team knows the rule engine well, and FIS will carry the SaaS migration on terms you can live with, the switching cost of any alternative is probably higher than the saving. The same is true if the bank buys other FIS services and the reconciliation is part of a wider contract. Use the alternatives to test the price and the migration plan, then decide.
What a move off IntelliMatch involves
Step 01
Inventory every reconciliation
List each IntelliMatch reconciliation with its sources, volumes, owners and the controls it evidences. Retire the ones nobody reads before you migrate anything.
Step 02
Rebuild rules, do not translate them
Years of matching rules carry workarounds for data problems that may no longer exist. Rebuild each set against current data and approve every tolerance again.
Step 03
Decide what history moves
Open items must move. Closed history is often better archived read-only for the retention period your auditors require.
Step 04
Run in parallel
Run both systems on the same days until the match rates and open item lists agree, then switch one reconciliation type at a time.
The hard part of a migration is rarely the matching engine. It is finding out which upstream extract, warehouse table or file transfer feeds each reconciliation, because those dependencies were built around IntelliMatch over many years and are documented nowhere. Mapping them with data lineage from the source systems to each reconciliation feed before cutover shows which jobs must be repointed, and stops a parallel run failing on a feed nobody knew existed.
Questions to ask every IntelliMatch alternative
- Which of our IntelliMatch reconciliation types have you replaced at another bank, and can we speak to that team?
- Can our operations team add a reconciliation or change a matching rule without a change request, and is each change versioned and approved?
- Does every unmatched item become a workflow object with an owner, an age and an audit trail?
- Do you read SWIFT MT950, camt.053, Federal Reserve FIRD and our card and ACH settlement files as delivered, or do we pre-format them?
- What does year one cost including implementation, and what does year three cost if volume doubles?
- How long did your last comparable migration from IntelliMatch take, from contract to switching it off?