Transcript WARNING - Caribbean Confederation of Credit Unions

AiDPS
Active-Image Document Processing System
For Caribbean Confederation of Credit Unions
June 26, 2010
Presented by:
Tony Waeschle , Area Sales Manager; Aperta Payment Solutions
Wayne Wray, Managing Director, Wiltshire Consulting & Advisory Limited
Today’s Topics

Who is Aperta Ltd.
 What is Active-image Document Processing (AiDPS)
– Active image-Teller Capture (AiTC)
– Branch - Remote Capture
– Active Image Archive (AiA)

Closing
Aperta
Company Overview

Formed in 1992 by former Unisys managers:
– Hardware, System and Application Software
 International Company based in UK
– Research and Development Centre
 Subsidiaries and International Locations
– USA, Latin America, Caribbean, South Africa,
Australia, India
 Specialists in Payment and Image Processing
 Windows platform – Scalable solutions
 400+ Installations Worldwide
– Latin America & Caribbean.

Argentina, Colombia, Venezuela, Brazil, Costa Rica, Panama,
Dominican Republic, Trinidad, Jamaica, Puerto Rico Bahamas,
Dominica, Cayman Islands
Check & Document
Capture
Teller Capture
Remote Capture
Home Deposit
Merchant Capture
Remittance Processing
Forms Processing
What is
Active-image
Document Processing
- (AiDPS)
Image Document Archive
Fraud detection
(Content Management)
Active-image Archive
– (AiA)
Transaction Archive History Research
Signature Verification
Aperta-image Document Processing Solutions
• Various image payment processing modes
• Providing a variety of payment exchanges:
• Physical check documents exchange;
• Electronic data exchange;
• Partial or total truncation through image exchange
Current Issues,
Challenges & Objectives








Improve back office operation productivity
Shorten US$ check float
Improve overall settlement time
Reduce correspondent bank account overdrafts
Reduce correspondent bank service charges
Reduce overall operational costs
Increase member & employee satisfaction
Improve transaction history/research capabilities
Current CU Deposit Process
Day One
Day Two
Customer
Deposit
CU Lodgement
Day Four
Thru Thirty
Funds Available
End of
Month
CU - GL
CU GL
Back Office Cash Letter(s)
Prep & Deposit
Supervisor Statement
Reconciliation
CU Acct
CORE Application Host
Credit Union’s Clearing
Account – Local, US, EUROS
& Canadian Checks
Proposed
Process Solution using…
Active – image Teller Capture
(AiTC)
Active-image Teller Capture (AiTC)
Provides“Check Image Capture” at the teller window with
any Windows Teller Transaction System
 Seamless integration with existing Teller Platform through
Screen Scraping or Application Program Interface (API)
 Data Entry, Corrections & Balancing (DCB)
– At the Teller level or Centralized
 Provides a high level of flexibility & improves accuracy
– Multiple types of transactions
 Only credits, Only debits, Mixed transactions
– MICR / OCR / BarCode, CAR/LAR

Let’s look at an example Active-image Teller Capture work process…
Active-image Teller Capture
Host
BDD
Teller
Central Site
Back Office
DB
US$ Checks
(CK21 Letter)
US Correspondant
Bank US CK21 - Day One
CU’s Local
Bank
US$ Checks
(CK21 Letter)
Active-image Teller Capture Benefits

Shorten funds collection time for US$ Check lodgment via
Check 21 electronic exchange
– Image Exchange (CK21) letter sent to ‘Local Bank’ can be route by them
to their US Correspondent bank for immediate processing of US$ items.
– Credit Union’s use of AiTC can assist their local bank in providing cost
effective delivery of US Checks to their correspondant bank.

Check Scanner can provide a physical breakout of local $
Checks vs mainland US$ Checks
 Capture and scanning of the original transaction at the
source & time of deposit will
– Improved teller transaction processing
– Speed up balancing and reduce errors
– Improved audit trail
Active-image Teller Capture Benefits

Eliminate most back-office data entry, correction and
balancing
 Reduced back office staff requirement – cost reduction
 Extend processing date/time at teller window
 Improved security and research capabilities due to image
capture database archive
 Eliminates microfilm & microfiche for old-fashioned
inquiry methods
Active-image Archive (AiA)

Document Storage for AiDPS Solution Transactions.
– Check Images
– Payment Coupons
– Other Credit Forms
– Misc Forms
– Transaction History & Reports

Standard AiTC includes a 10 day AiA archive for research
and verification of duplicate items
Active-image Archive (AiA)

Main Features
– Long term storage of transactions and related data & images for
–
–
–
–
–
–
–
on-line research
Multiple images document types and image formats supported
MS Windows based
Web browser inquiry/research
Display, Printer and CD output capabilities
User friendly
Easy to Install
Microfilm Replacement
Web Inquiry
Active-image Archive Architecture
SmartSource
Professional
Scanner
SmartSource
Adaptive
Internet Information Server
On line
Customer
Service
Workstations
Image
File
Server
Archive
Server
Local Area Network
Storage NAS or SAN
Export
Server
Casual
Printer
8
7
•1 – Individual Credit Union Capture
•2 – Transfer images & data to CUG
•3 – Data Entry, Correction & Balancing
•4 – Transmit US$ Items to Local Bank
•5 – Correspondent Bank CK21 Clearing
•6 – Receive US$ Funds quicker
•7 – Each CU Prepares Paper Cash Letter
•8 – Local/Central Archive
Thank You