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CubeIQ Solutions and Systems: Developed Applications
Intelligent Cheque Clearing System - iCCS™
Intelligent Cheque Clearing System™ - iCCS™ is a solution for the automation of the daily cheque clearing in Banks, Financial Institutions, Factoring companies and Clearing Houses.
The solution consists of Cheque Scanners, Encoders & Sorters and a software application based on the iRecognIzer™ platform with the name Intelligent Cheque Clearing Application - iCCA™.
iCCA™ is a new software application, specially designed and built for Cheque Clearing and it takes advantage of all the cheque processing and image management technology developed in the iRecognIzer™ platform.
iCCA™ works together with cheque scanners from a number of different manufacturers such as Arca, Rototype, any TWAIN compatible scanner and virtually any cheques scanner upon request.
iCCA™ is available in two architectures:
iCCA™ Stand AloneiCCA™ Client/Server
iCCA™ is a complete clearing system and integrates incoming, outgoing & their respective return clearing processing according to the rules defined by the local Clearing House.
Application for Daily Processing in Banks
- Built for
Microsoft technology with Microsoft technology (VC, VB &
- Stand alone
- Two tier
architecture in client/server version.
- MS SQL or MS
Access standard database with Oracle or DB2 as option.
- Multi user with
definable users privileges.
- Multi language
support - 2 basic languages (EN & EL).
- Multi currency
processing. Currency defined at the beginning of each processing
reading: MICR (CMC7 & E13B), OCRA & OCRB.
- ECB cheque
code-line specification included.
- Other code-line
formats customizable upon request.
regional (option) and local - branch (option) clearing.
- Post dated
cheques clearing (option).
incoming and outgoing clearing
- On central
clearing: processing per branch, unit, division and special production centers
selectable at the beginning of each processing cycle.
clearing zones support.
clearing houses support.
- Rule based
clearing house selection.
generation according to clearing house rules.
incoming and outgoing clearing workflow rules.
core banking interface file format.
incoming and outgoing clearing with their returns file formats.
iCCS™ is designed to provide significant value to Banks, Financial Institutions, Factoring companies and Clearing Houses.
operating efficiency by more than 25%.
operating cost by more than 25%.
outgoing and incoming processing and their corresponding
post dated processing.
integration with the core banking system.
- File format
to-and-from clearing houses defined at installation time.
- Open, highly
parameterized system that can cover easily any clearing house processing
upgradeable to cover future internal processing needs or future clearing house
- Short Return Of