Centralized data reconciliation using artificial intelligence mechanisms

Abstract

A centralized data reconciliation system processes at least two data streams transmitting data related to one of a plurality of processes and executes a data reconciliation procedure. Unmatched data records identified during the data reconciliation procedure are further categorized into categorized records based on various reason categories and irreconcilable records which could not be categorized into the reason categories. The irreconcilable records are flagged for user input. The user input is recorded to further train the data reconciliation system. The at least two data streams are initially converted into self-describing data streams from which the entities and entity attributes are extracted using the data models received from the data streams. The data records from the first and second self-describing data streams are mapped. The matched pairs and unmatched pairs are selected from the mappings based on respective confidence scores that are estimated in accordance with the rules of data reconciliation.