Company Research Report: Mesatek Software Inc.

Company Overview

• Name: Mesatek Software Inc.

• Mission: "Empowering Innovation Through Cutting-Edge Software Solutions"

• Founded: 2012 by Shane Murdoch

• Key People:

• Shane Murdoch, President & CEO

• Bill Brereton, VP Business Development

• Herbert Fograscher, VP Customer Service

• Neil Riding, VP Product Development

• Headquarters: No specific headquarters location provided.

• Number of Employees: No information is available.

• Revenue: No information is available.

• Known For: Mesatek is known for delivering software solutions to financial institutions, specializing in reconciliation and custom software development.

Products

Match-IT

• Description: A reconciliation framework designed to automate and streamline reconciliation needs.

• Key Features:

• Automates reconciliation processes such as Central Clearing, Federal Reserve, and ACH.

• Quick implementation with a rapid return on investment.

• Evolves with customer needs.

Specialty Reconciliation Solutions

• Description: Designed for specific tasks with a uniform interface across solutions.

• Key Features:

• Solutions include e-Transfer Match, Bill Payment Match, ATM Match, etc.

• Provides standardization of reconciliation processes.

ATM Balance PRO

• Description: Assists in processing ATM deposits and managing discrepancies.

• Key Features:

• Validates envelope contents against ATM deposits.

• Generates notices for discrepancies.

• Includes extensive reporting features.

Dormant Account Management System (DAMS)

• Description: Manages dormant accounts and financial instruments.

• Key Features:

• Automates processing and ensures compliance with government requirements.

• Manages interest, dividends, service charges, and payouts for dormant accounts.

Recent Developments

• New Products Launched:

• 2018: Released the first version of e-Transfer Match.

• 2021: Released the first version of GL Match.

• 2023: GL Match was rebranded to Match-IT.

• New Features Added: No information is available beyond standard product features.

• New Partnerships: No information is available regarding new partnerships.

This report provides a comprehensive overview of Mesatek Software Inc., focusing on its mission, products, key personnel, and recent developments. The company specializes in delivering tailored and innovative software solutions primarily for financial institutions, emphasizing reconciliation solutions like Match-IT and various specialty solutions. Recent developments include the launch and rebranding of key products, enhancing the company's offerings in the financial software industry.