The short answer
SolveXia is a no-code finance automation platform from Sydney that builds reconciliation, rebate and regulatory reporting processes out of configurable workflows. GTreasury, which Ripple owns, bought it in January 2026. If your bank uses SolveXia mainly to reconcile US settlement accounts, a platform built for bank-side reconciliation replaces it with less configuration to own, and BankAutomation publishes plans from $1,200 a month. If you use SolveXia for many different finance processes beyond reconciliation, a general automation tool such as Redwood or an in-house data platform is the closer swap. If treasury and digital asset reconciliation are why you bought it, staying with GTreasury may be the right call.
What SolveXia is, and what it does well
SolveXia was founded in Sydney in 2008 and describes itself as a no-code finance automation platform for reconciliation, rebates and regulatory reporting. The product has four layers: data integration through connectors to your systems and databases, analytics that combine and transform the data, data quality controls, and governance and audit trails on top. It lists bank and credit card reconciliation, GL account, payment, balance sheet, AP and AR and intercompany reconciliation among its use cases, and it is SOC 2 reported.
The numbers SolveXia publishes are about speed and error rates. It markets processes 100 times faster than manual work and 98 percent fewer errors in your data, and its best known case study is 7-Eleven, which it says runs e-wallet reconciliations up to 100 times faster. Independent reviews list 7-Eleven, Marriott, Heartflow and Tala as customers and put its processing at more than one billion transactions a month across the customer base.
That is a capable tool for a finance team that wants to automate a dozen different spreadsheet processes with one platform. The trade-off is in the word no-code. Each reconciliation is a process somebody designs, maps and maintains. For a US bank, the regulatory reporting SolveXia names on its site is APRA reporting for Australian prudential regulators, and no US bank files, such as Nacha, BAI2 or the Fed statement of account, are listed as ready-made sources.
Who owns SolveXia now, and why banks are asking
GTreasury announced on January 6, 2026 that it had acquired SolveXia. GTreasury is a treasury management vendor with offices in Chicago, San Francisco and Sydney and more than 1,000 customers in over 160 countries, and it describes itself as a Ripple solution after Ripple bought it in 2025. The stated plan for SolveXia is reconciliation across digital asset and fiat payment gateways, banking systems, ERPs and internal records, plus multi-jurisdiction regulatory reporting. Financial terms were not disclosed.
For a US bank or credit union customer, that raises three practical questions. Will the roadmap now favor treasury and digital asset use cases over bank operations? Will SolveXia be sold as part of a GTreasury bundle at the next renewal? And does your third party risk program need a fresh review now that the vendor sits inside a crypto company's group? None of those is a reason to leave on its own. Together they are why operations is being asked to price the market before the renewal lands.
Why US banks look for a SolveXia replacement
- Every reconciliation is a workflow somebody built, and the person who built the ACH and card processes has moved on or left.
- Nacha files, BAI2, card network settlement reports and the Fed statement of account each needed custom mapping, and every format change is another project.
- The renewal is expected to come from GTreasury, possibly bundled with treasury modules the bank does not need.
- Vendor management wants to re-run due diligence after the change of control, and the bank would rather compare options at the same time.
- Exceptions are produced as outputs, and the actual break work still happens in email where nobody can show an examiner its age.
None of this makes SolveXia a weak product. It is a flexible automation platform, and flexibility is what some finance teams want. The mismatch shows up when the job is a fixed set of US bank settlement accounts that have to be matched the same way every business day, where a purpose-built rule set beats a process you configure yourself.
Which SolveXia workload you are replacing, and with what
List what SolveXia actually runs for you before you compare vendors. Most banks find two or three processes carry the load.
| SolveXia workload | What it typically covers | What replaces it at a US bank |
|---|---|---|
| Bank and card reconciliation | Statement and card feeds matched to the GL | Daily ACH, card and ATM settlement matching in a bank-side platform such as BankAutomation |
| Payment reconciliation | Payment gateway and processor files against internal records | Settlement matching by FedACH window, card network cycle and wire, with returns modeled as expected outcomes |
| GL and balance sheet reconciliation | Account balances with support and sign-off | Certification inside the daily platform, or BlackLine and FloQast if the month end close is the main job |
| Intercompany reconciliation | Entity to entity balances and eliminations | A close suite such as BlackLine or Trintech Cadency |
| Regulatory reporting | Report builds with audit trail, APRA listed | Your call report and regulatory reporting vendor, fed by reconciled balances |
| Rebates and other finance processes | Calculation workflows outside reconciliation | A general automation platform, or keep SolveXia for these alone |
SolveXia alternatives compared
Every platform below is a product a US bank or credit union can buy today. Pricing is shown where the vendor or a named benchmark publishes it and marked quote only where neither does.
| Platform | Best fit | Deployment | Pricing |
|---|---|---|---|
| BankAutomation | US bank or credit union matching ACH, card, ATM, Fed, correspondent and suspense accounts daily | Cloud | Published: $1,200, $3,900 and $9,500 a month, plus Enterprise |
| ReconArt | Community bank or credit union wanting card, AP/AR and close modules in one product | Cloud or self-hosted Enterprise edition | Quote. Its credit union blog states an average annual cost below $50,000 |
| Trintech ReconNET | Credit union or community bank wanting a long-established matching product | Cloud | Quote only |
| Trintech Adra | Mid-size institution wanting matching plus balance sheet and task management | Cloud | Quote only |
| BlackLine | Bank finance team running the monthly close and certification | Cloud | Quote only. Vendr shows a median of $40,125 a year across 74 purchases |
| FloQast | Credit union accounting team closing on an ERP | Cloud | Quote only. Vendr shows a median of $24,481 a year across 312 purchases |
| GTreasury with SolveXia | Treasury team that also wants digital asset and fiat payment reconciliation | Cloud | Quote only |
For a deeper look at the long-established bank matching product, read the ReconNET alternative page, and if Trintech is already quoting you, the Trintech Adra alternative guide maps Adra modules to bank workloads. ReconArt alternatives covers the other credit union regular, and BlackLine alternatives for banks covers the close-first choice.
Who should switch, and who should stay on SolveXia
- Switch when most of what SolveXia runs is US settlement reconciliation and each process needed custom mapping for Nacha, BAI2 or card files.
- Switch when the workflows depend on one person who knows how they were built.
- Switch when breaks leave the platform as a file and get worked in spreadsheets, so their age cannot be shown to an examiner.
- Stay when SolveXia automates many finance processes beyond reconciliation and the team values building its own.
- Stay, or expand, when the bank is also buying GTreasury for treasury management or needs digital asset reconciliation.
- Never move reconciliation in the same twelve months as a core conversion.
Moving off SolveXia without losing the audit trail
Your OCC, FDIC, NCUA or Federal Reserve examiners and your external auditor will ask what was reconciled on each side of the cutover, who approved it and which tolerances applied. Plan the move so the answer already exists.
Step 01
Inventory every live process
Export each SolveXia process that feeds a reconciliation, its input files, match logic, tolerances, preparer and reviewer. Processes nobody has run in a quarter stay behind.
Step 02
Write every rule in plain language
Same amount same date, one to many batch sweeps, interchange netting, ACH return timing, ATM cash shortages. A written rule becomes a reviewed configuration instead of a rebuild from memory.
Step 03
Run both side by side
Cover one month end and one full settlement cycle on the same files. Compare break counts and types. A higher match rate from a looser tolerance is a control change, not an improvement.
Step 04
Close the evidence before cutover
Certify the last period in SolveXia, export reconciliations, attachments and sign-offs, and store them under your retention policy. Check the contract clause on historical data access early, since the counterparty is now GTreasury.
A worked example from debit card settlement
Input
- Network settlement report · settle 2026-09-25 · net funds due 184,212.37 USD
- Core card settlement GL · post 2026-09-25 · gross purchases 186,904.10 USD
Output
- Interchange and network fees netted difference 2,691.73 USD, matching the fee lines on the same report.
- Suggested action: post fees to card network expense under maker-checker, then auto-clear.
- Routed to Card Operations, aged from settlement date, rule version recorded on the match.
SolveXia can be configured to do this. The question for any vendor, including us, is whether netting is a standard rule you switch on or a process step your team designs, tests and maintains every time the network changes its report.
What BankAutomation costs and what it covers
Pricing is published. Operations is $1,200 a month for 250,000 items and three sources, which covers a typical credit union running share draft, ACH and ATM settlement. Platform is $3,900 a month for 2,000,000 items, unlimited sources, SSO and maker-checker approvals. Institution is $9,500 a month, and Enterprise is $14,900 a month for private or VPC deployment. Every plan is on the pricing page.
Coverage is the daily cash side of bank operations: ACH reconciliation software by FedACH window, ATM reconciliation software for cash and network settlement, Federal Reserve account reconciliation software for the statement of account, correspondent bank reconciliation software for due from and due to, and suspense account reconciliation software for items worked to an owner and an age. Postings stay in your core under your approvals, and nothing in the platform moves money.
You can run the resolver above on sample USD card settlement data before speaking to anyone. It uses sample rows only and stores nothing you paste into it.
Questions about replacing SolveXia
What is SolveXia?
SolveXia is a no-code finance automation platform founded in Sydney in 2008. Finance teams use it to build reconciliation, rebate and regulatory reporting processes from connectors, transformations and approval workflows. It markets processes 100 times faster than manual work and 98 percent fewer errors, and it is now owned by GTreasury.
Who owns SolveXia?
GTreasury owns SolveXia. GTreasury announced the acquisition on January 6, 2026 without disclosing terms. GTreasury is a treasury management vendor that describes itself as a Ripple solution after Ripple acquired it in 2025, and it plans to use SolveXia for reconciliation across fiat and digital asset payments.
How much does SolveXia cost?
SolveXia does not publish prices and offers no free trial. Pricing is quote based and depends on the processes you automate, data volume and users. Ask for the process count, volume allowance and renewal terms in writing, and whether the quote will now come bundled with GTreasury modules.
What is the best SolveXia alternative for a US bank?
For a US bank or credit union that uses SolveXia mainly for ACH, card, ATM and Fed settlement reconciliation, a bank-side daily reconciliation platform fits best, and BankAutomation publishes plans from $1,200 a month. For the month end close, BlackLine or FloQast fits. For many non-reconciliation finance processes, a general automation platform is closer.
Does SolveXia support US bank formats like Nacha and BAI2?
SolveXia ingests files through configurable connectors, so a team can map Nacha, BAI2 or card settlement reports into a process. Its site does not list these US formats as ready-made sources. Ask the vendor to load your own Nacha file and Fed statement in the demo and time how long the mapping takes.
SolveXia vs BlackLine, which fits a bank better?
BlackLine fits a bank finance team that wants a structured month end close with certification and intercompany. SolveXia fits a team that wants to build many custom finance processes itself. Neither starts from daily settlement reconciliation against a core, card networks and the Fed, which is where a bank-side platform fits.