Broadridge says RBI’s CRISP has upgraded to BRx Match, a cloud-based reconciliation platform designed to improve automation, exception management and ISO 20022 integration across 14 markets.
Broadridge Announces on 2026-07-09: RBI’s CRISP Upgrades to BRx Match
Financial technology company Broadridge Financial Solutions (NYSE: BR) announced on 2026-07-09 that Centralised Raiffeisen International Services & Payments S.R.L. (CRISP), the shared services centre of Raiffeisen Bank International (RBI), has upgraded to its next-generation reconciliation platform, BRx Match.(Source: Broadridge, PR Newswire press release, published: 2026-07-09.) According to the company, the implementation is designed to support CRISP’s growing business needs, improving efficiency, transparency and accuracy across multiple markets in Europe and Asia while reducing risk exposure. CRISP’s shared services centre is based in Romania and is responsible for centralised reconciliation processing for RBI’s operations across Europe.
Partnership Background: A Long-Term Relationship Since 2009
The company said this is a long-term agreement built on the relationship between the two parties since 2009, marking a major upgrade to CRISP’s reconciliation technology infrastructure. Commenting on the significance of the upgrade, CRISP General Manager Andreea-Beatrice Manea said:
“In today’s fast-changing environment, having a modern and scalable reconciliation platform is essential for maintaining operational excellence and meeting regulatory requirements. This upgrade to BRx Match gives us the advanced technology we need to support our ambitious growth plans while ensuring compliance with the latest industry standards.”
On Broadridge’s side, Sandeep Saggi, General Manager of Regulatory Solutions and Data Control, commented on the industry significance of the collaboration:
“The expansion of this relationship with CRISP demonstrates Broadridge’s ability to meet complex, cross-market reconciliation needs. As financial institutions seek to modernise their reconciliation processes while adapting to industry change, our next-generation platform will provide the technology foundation they need for future success.”
Platform Capabilities: Cloud Architecture, ISO 20022 and Exception Management
According to the company, the BRx Match platform uses a cloud-based architecture, with key capabilities including:
stronger automated processing capabilities;
more comprehensive exception management;
seamless integration with the ISO 20022 messaging standard.
The platform will support CRISP’s reconciliation operations across 14 markets, covering the DACH region, Central and Eastern Europe and Asia. This includes both new deployments and business migrated from Broadridge’s previous reconciliation solution. The new deployment will enable CRISP to handle an expected fourfold increase in transaction volume across its operating regions. The table below summarises the key points of this upgrade:
| Item | Content | Relevant Party | Time/Scale |
|---|---|---|---|
| Upgrade target | Reconciliation platform migrated to BRx Match | CRISP (RBI shared services centre) | Announced on 2026-07-09 |
| Start of partnership | Long-term relationship between Broadridge and CRISP | Both parties | Started in 2009 |
| Coverage | DACH, Central and Eastern Europe, Asia | CRISP operating regions | 14 markets in total |
| Expected business volume | Transaction volume expected to increase fourfold | CRISP | Across operating regions |
Technology Positioning
According to Broadridge’s public information, BRx Match was launched in September 2023 as a cloud-based, integrated reconciliation and matching solution. It supports data of any type, scale and format, from simple text files and spreadsheets to complexXMLand proprietary formats, and allows business users to build reconciliation processes themselves.(Source: Broadridge, BRx Match product description, published: 2023-09-14.) CRISP’s upgrade is a deployment and migration based on this platform.
Questions About CRISP’s Upgrade to BRx Match
When was this upgrade announced?
Broadridge announced through a press release on 2026-07-09 that CRISP, RBI’s shared services centre, had upgraded to the next-generation reconciliation platform BRx Match.
What is the relationship between CRISP and RBI?
CRISP stands for Centralised Raiffeisen International Services & Payments S.R.L. It is the shared services centre of Raiffeisen Bank International (RBI), based in Romania, and is responsible for centrally processing reconciliation operations for RBI across Europe.
What are the core capabilities of the BRx Match platform?
The platform is based on a cloud architecture and provides stronger automation, more comprehensive exception management and seamless integration with the ISO 20022 messaging standard. It can support data of any type, scale and format.
How many markets does this deployment cover?
It covers 14 markets, including the DACH region, Central and Eastern Europe and Asia. This includes both new deployments and business migrated from Broadridge’s previous reconciliation solution.
When did the partnership between Broadridge and CRISP begin?
It began in 2009. This upgrade is a long-term agreement built on more than a decade of cooperation between the two parties and is regarded as a major upgrade to CRISP’s reconciliation technology infrastructure.
