A good CTS solution requires an equally powerful archival solution. The Archival Solution offered by us has been designed specially to cater to the exact requirements of Cheque Truncation Solution (CTS).
Apart from the standard document management system (DMS), Forbes Archival Solution manages transactional data and images. It caters to cheque presentment, inward and return, along with all subsequent CHI (Clearing House Interface) and Clearing House (CH) rejects and settlement with respect to central bank and participating banks.
Forbes Archival Solution is based on a robust volume management system that would maintain the data integrity for all its data for a standard and extended timeframe.
Entirely developed in a singular technology, Forbes Archival Solution provides an open and industry standard architecture and commits to the ever evolving technology. It uses the latest tools and technologies.
All in all, Forbes Archival Solution provides accurate archival of all the transactional data and lightening fast retrieval. It complements the need of efficiency in the modern, competitive world of financial data management.
Advantages & Benefits
Archival Of Every Single CHI And CH Data And Image
Clearing house files contain presentment, inward and returns data as the main components of the clearing system. Apart from these files a few files are exchanged to provide the status of the process. Every data item is important as it provides information about the clearing and settlement.
Forbes Archive Solution contains all this data. The system archives the data with Unique Document Key (UDK) as the pivot point. It also takes care of duplicate cheques (as a result of process) as against duplicate input.
100 % Web Based Deployment
Forbes Archival Solution is based on web technology. Both the archival and retrieval process works on a web site. The solution can be hosted on any server with IIS 7.0. The users can use any browser such as Internet Explorer or Firefox to use any functionality.
As the whole solution is available on the web, the retrieval can be done from anywhere, let it be a service branch or any other branch or even at the customer’s place. A strong user policy can be assigned to the system to prevent the misuse of search and retrieval.
The Solution has standard printing options as defined by the internet browser.
Latest Technology, Open Standards
Forbes Archival Solution is based on the latest .Net technology. Standard tools such as Microsoft Visual Studio have been used to develop the solution.
The solution is based on standard languages such as ASP.NET and C# and open standards such as XML, HTML, CSS and Javascript. The solution does not use any other third party product, thereby keeping complete control on the future development.