Centrix Project Sampler - Financial Services

    Financial Services

Global Financial Industry Experience

• Core Application Processing
• Platform Automation
• Finance / Budgeting
• Lending / Collections
• Corporate Banking Technology
• Transaction Processing
  • ATM
  • Point-of-Sale
  • Teller
  • ACH

ACH / Notice of Change Transaction Processing

• An ACH file processing system designed to electronically fulfill “notice of change” reporting requirements. The system processes ACH files and applies the appropriate change elements to each record.  A Notice of Change output file is produced and a new ACH file is generated that incorporates the translated account numbers.   A supporting report is also available.

Anti-Money Laundering (Fraud Detection) Data Integration

• A parameter driven data integration system that incorporates management controls and exception handling.  The system supplies daily updates to the anti-money laundering solution for customer information, account-level detail and transaction activity.

CRM Data Warehouse Integration

• A system developed to facilitate the CRM efforts of a financial institution by integrating account information from multiple disparate applications into the data warehouse that contained deposit accounts, consumer/commercial loans and customer information.  The following data was merged into the deposit/loan data warehouse:  mortgage data, investment data, trust data, insurance data, and stockholder data. 

Positive Pay Processing (multiple projects)

• A system was developed to interface with the client’s corporate cash banking positive pay solution.  On a daily basis, the system automatically retrieves pay/return decision files and issued check files from the vendors FTP server.  The Issued file is seamlessly reformatted for the check reconciliation system used by the client.  The pay/return decision file is processed and a report is generated so bank operations personnel can manually process the returns.
• A software application was developed to reside at the corporate customer site to reformat issued check files for check reconciliation processing.  After nightly processing paid check files from the check reconciliation system are also reformatted for import into the accounting system of the corporate client.

Corporate Account Billing and Service Charge System

• A system designed to process daily activity files from the client’s corporate cash management system (hosted by the vendor) and calculate charges.  The activity files are automatically retrieved using the Centrix FTP Administrator (FTPA) and monthly service fees are calculated based on billing codes defined at the client level.  Service charge parameters are included as well as exception controls, reports and monthly client statements.

Letters-of-Credit Tracking System

• A system was developed to track and manage the status of outstanding letters-of-credit.  The system includes document production and reporting.

Investment Management System

• A comprehensive management system for a financial institution that manages client funds by investing in high yielding COD’s at other financial institutions throughout the country.  The system provides for streamlined administration of all investment and interest payment activity.  Detailed customer profiles, extensive reporting, customer statements, 1099INT notification and integrated transactions are also included.

Loan Platform Report Distribution System

• An enterprise-wide management reporting utility designed to distribute customized reports from the loan platform system.  As a result, management throughout the organization can optimize the strategic data collected by the platform system.

File Import Processing System (FIPS)

• The File Import Processing System (FIPS) was developed to process files from multiple disparate systems, apply specific business rules, and generate the appropriate transaction file(s) to be included in the nightly processing.  The system includes reports and also interfaces with a data warehouse to verify account data for exception controls.

Customer Service Mystery Shopper System

• A system developed to track and report activity from an institution’s secret shopper program.  Both telephone and branch shopping are included.  Numerous reports assist management in employee training, performance reviews, and production awards.  The system also calculates payouts to shoppers based on the number of completed surveys.

Special ACH Processing System

• A program was developed for special ACH processing considerations due to the sale of several branches.  The program processes an ACH file and creates two separate ACH files, one for onus accounts and one for the accounts that were sold.  This was used for a transitional period.

Wire Transfer Integration

• Software applications that manage inter-bank monetary transactions and automate wire transfer processing between disparate processing systems.

Conversion Assistance

• Assisted with the transition between software solutions and/or hardware platforms including conversion programs, customer notification requirements and special ACH processing.