Keystone Computer Associates

The Keystone Bank Communication System CHIPS sub-system is a comprehensive on-line interface to the New York Clearing House. Modular in design and functionally extensible, the CHIPS subsystem is totally qualified to perform all CHIPS functions.

FEATURES

Full support of all Clearing House functions, messages and reports
Clearing House X.25 communications capability
Clearing House Rule 13 processing
Clearing House recovery processing
Full funds checking for accounts, bank bilateral agreements, and net debit cap before transmission
Syntax checking in accordance with Clearing House rules performed during message preparation
Internal processing of book transfers
Fully on-line with user-friendly screens and formats
Comprehensive BCS reporting provides:
- full audit capability
- full message logging
- full transaction activity
OFAC monitoring for blocked entities and Specially Designated Nationals
Provision for storage and automatic aging of up to 120 days of future dated messages
Functionally rich expected receive system with auto-match and scrolled-match capability
Variable bank-defined authorization criteria by account, account officer and amount
Variable bank-defined verification criteria
Automatic advice generation for S.W.I.F.T. or TELEX transmission in accordance with bank-defined criteria
Generation of outgoing S.W.I.F.T. or TELEX payment messages for third party items
Capability to retrieve missing messages
Full phone advising capability
Full status, including counts and amounts, for all CHIPS traffic
Support of 'release straight through' or 'store and subsequent release' capability
Message statistics to enable department and account charging

Click on a sub-system for a more detailed description:

Back to Banking Software | Back to Products and Services

Keystone Computer Associates, Inc.
1055 Virginia Drive
Fort Washington, Pennsylvania 19034
(215) 643-3800
Fax: (215) 643-0115

E-mail: inquiries@keystoneca.com