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Zylog Systems is a technology driven company comprising industry professionals and innovators. For over eight years, Zylog has developed and successfully implemented Banking and Financial Solutions. Zylog’s CTS solution addresses every functional requirement; be it branch capture, maker-checker, IQA/IUA, digital signature, image archival or image retrieval, as well as clearing cycles such as outward presentment, outward return, inward and inward return..

Introduction
Cheque Truncation System (CTS) consists of a data and image-capturing application with high speed, mid-range and small shoe box-sized image scanner. This CTS allows the banks to capture, process and transmit the cheque data and images, to the clearing house via a secured communication network.

Solution Overview
The proposed solution has the flexibility to support different Architectures, such as:

• De-centralised - Physical cheques are captured, processed and transmitted from the branches. Correction and balancing can be done either at branch or Regional Centre (RC).
• Centralised - Cheques deposited at branches can be physically transported to RC. These are then captured, processed and transmitted to RBI from the RC.
• Hybrid - Hybrid model is a combination of both.

CTS is capable of capturing the data and images of the cheque as per RBI guidelines. At the same pass, it also endorses the index (a Unique Identifier - UI) or other configurable characters on the rear of the physical items.

The CTS can be easily configured to perform various basic yet essential validations of the items during the point of capture. Validations such as valid bank-branch codes, cheque number, check digits (if any) and many other fields can be easily included.

Value Proposition

• Proven product - Being used by leading banks in many countries
• l Hardware independent - Can drive all major readersorters /Transports
• Protect existing investment on PoD system
• Ability to advise Banks in areas … Operations, Legal, Technical & Security
• Advise on CTS Architecture best suited to your requirements
• Ability to provide other value-added services

Features of CTS
CTS runs on the powerful and flexible Windows platforms and has simple and user-friendly graphical user interface. Apart from being easy to configure, CTS also provides a host of user-friendly functions. One of them is the powerful balancing tool that helps users balance the amount of captured cheques. Its query function also allows users to search for specific cheque information with ease. Users can either select from a list of pre-set queries or create and save their own queries for future use.

Key Features

• Batch capture of transactions for quicker turnaround
• Deposit slip and cheque images capture
• Front grey scale, front & back, black & white cheque image capture
• Logo printing
• Inline Image Quality Assurance (IQA) capability
• Inline Image Usability Assurance (IUA) capability
• Automatic CAR/LAR extraction capability through sophisticated ICR engines
• Maker-Checker concept
• Cheque image level digital signature at branches
• Data file encryption before transmission to service branch
• Outward returns re-presentment batch runs
• Multi-line endorsement
• Signature verification on inward file receipt
• Interfaces for core banking/TBA validations
• Image archival
• Image retrieval through powerful search queries
• Branch /central site status monitor
• Unique transaction follower procedure to identify status of cheques presented
• Extensive audit log for all activities
• Third party auto signature verification tools
• Third party fraud tools

Security
The CTS is protected by comprehensive PKI-based security architecture. On top of the PKI technology, the security architecture also incorporates basic security and authentication controls such as dual access control; user ID and passwords with cryptobox and smart card interfaces.

System Audit Logs
CTS maintains comprehensive security logs of the system. All important operations within CTS are tracked and stored in log with date, time and user details.

Transaction Status
On the transaction level, the status of the individual incoming and outgoing batches are tracked and displayed. This allows users to quickly identify the batches that require attention (e.g. balanced, unbalanced, etc).