FIS' Integrated Monetary Processing and Control System (IMPACS) processes all types of current, demand deposit, and statement savings accounts. IMPACS handles a large volume of transactions and produces comprehensive operational, management and customer reports to meet the needs of financial services organizations. The software features many processing options such as interest rates and charges by market region, extensive fee capability, automatic overdraft scoring, and sweep processing.
Functions
- Seven-day processing
- Multicurrency capability
- Flexible date-format options
- Floating decimal capability
- Support for customer correspondence in double-byte character-set languages
Features
- Flexible product-type features provide real-time capabilities for creating unique product offerings.
- Processing options are defined by product, which streamlines opening new accounts via the online setup feature.
- Account-level overrides allow selection of individualized options to suit customer preferences.
- Standard system options or special product options allow easy specification of interest accruals, credit-line billing and service charges.
Systematics
» Certification Tracking
» Check Inventory
» Customer Statement and Relationship Pricing System
» Financial Management System
» Integrated Monetary Processing and Control System (IMPACS)
» Intersystem Transfer System
» Item Reconciliation
» Savings/Time Deposit System
» Tax Reporting System