Clearing & Settlement

Bringing efficiency and accuracy in Funds Distribution.
Maximum value and safety for faster payments

In an era of instant payments, clearing houses need to move to more frequent settlement cycles and be available 24/7/365. Quick final settlements, without delay for credit, liquidity, or operational risk, are becoming a necessity. This demands an accurate, real-time, and efficient reconciliation process. Unfortunately, traditional clearing and settlement systems are not ready to deliver on these new demands. Companies that continue to use manual reconciliation processes are overburdened by challenges and are at risk in data collection, transaction matching, and post reconciliation adjustments.

We offer clearing and settlement modernization solution that is built with automation and ease of use in mind leveraging best practices such as configuration-over-coding, fast-and-frequent-reconciliation, distributed processing and more. This helps to overcome these challenges stated and bring maximum value particularly in the area of faster payments.

How we empower our customers

RS Software helps our clients to:

How we empower our customers


RS Knowledge Management

Curated learnings from client engagements, enriched continuously with visits by industry SMEs to our Silicon Valley office and our world-class development center in India, participation in industry events globally, and ongoing market research keeps us current at all times. Best practices are in place to maintain the rich information in a systemic manner, tested for prompt availability over 25 years, proven scalability in talent knowledge growth and in building reusable knowledge artifacts.

RS School of Payments™

The single focus here is to provide a platform for continuous learning. Leveraging RS Knowledge Management, we have built a rich set of payments and technology-focused curated content at various levels of advancement. Best practices of in-class and remote learning are deployed and tested for effective learning with feedback from performance in projects. A combination of mandatory and optional learning sessions are made available as domain credits, which are evaluated for complete understanding through formal evaluation, and certification is then granted. Quick and constant learning access is the only way to scale and help clients win.

RS Payments Lab™

RS Knowledge Management and institutionalized learning through RS School of Payments come together to motivate and create an environment for innovation. The RS Payments Innovation Lab which celebrates its 10th birthday in 2019 has many credits, including a patent in US for a geo location based algorithm that facilitates customer acquisition. The lab has built multiple fintechs that surface as an integrated solution on the company’s world-class digital merchant acquiring platform. The lab is an incubator for payments innovation and applied technology, leveraging our Silicon valley presence and innovation focused talent in India.

RS Accelerators and Assets

Years of investment in Innovation, and the core values of the organization to be responsive to customers are the driving forces behind the development of accelerators, frameworks and products. A combination of these digital assets are deployed to enable faster time to market based on customer needs. A suite of these assets are now available, with more being added as continued innovation comes to fruition. The execution excellence is enabled by applying appropriate project management practices from the set of tried and tested methodologies such as Waterfall, Relaxed Waterfall, Agile, Distributed Agile, etc.

Our success stories

For Networks

Modernized a legacy rule engine driven system for one of the highest-volume transaction processing systems in the world with provisions for future change and zero impact and downtime for existing clearing, settlement, and reconciliation processes.

For Processors

Reduced reconciliation and exception management time by 80% by automated notification of exceptions.

For PSPs

Automated data acquisition from multiple external and internal sources using API and secure file transfer protocol (SFTP) and built a reconciliation-tracking dashboard for better decision-making.