SKN-BI Middleware

Automate Clearing Processes with Seamless Core Banking Integration

Streamlining Banking Operations with Advanced Middleware Solutions

The Surrounding Clearing System is designed to efficiently handle Outward and Inward Clearing transactions, both submission and return, by connecting directly with the Core Banking System (CBS) via H2H and web services to the Clearing Participant System (SPK). The CIA Middleware Application automates the interface process for outward and inward clearing submissions, eliminating the need for manual intervention. For outward clearing, the system downloads Cemtext files, interfaces with SPKBI, and automatically handles acknowledgments once the DKE is sent online to SSK BI.

For inward clearing transactions, the CIA system is designed to automatically retrieve data from SPKBI, removing the need for manual downloads. The system also forms and sends DPI (Data Inward Submission) to Core BNI (Icons) for auto-debit processing. The results of the auto-debit are automatically captured by the CIA system for reporting and return processing. Additionally, the CIA system provides facilities for manual data input for both clearing submissions and returns when necessary.

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Use Cases and Benefits

Operational Cost Efficiency

Reduces operational costs by automating repetitive tasks and minimizing the need for manual intervention

Improved Risk Management

Enhances risk management through automated processes and real-time data handling, ensuring better control over financial transactions.

Compliance and Regulatory Adherence

Facilitates adherence to regulatory requirements by providing accurate and timely reporting capabilities.

Features and Capabilities

Automated Clearing Interface

The CIA Middleware Application automates the clearing submission process, reducing manual workload and ensuring seamless integration with SPKBI.

Seamless Core Banking Integration

Connects directly with the Core Banking System (CBS) and Clearing Participant System (SPK) through H2H and web services for efficient transaction processing.

Real-Time Data Handling

Automatically retrieves and processes data for inward and outward clearing transactions, enhancing operational efficiency.

Auto-Debit Processing

Forms and sends DPI to Core BNI for auto-debit, with automatic capture of results for reporting and returns.

Manual Input Facility

Provides options for manual data input for clearing submissions and returns when required, ensuring flexibility in operations.

Features and Capabilities

The CIA Middleware Application automates the clearing submission process, reducing manual workload and ensuring seamless integration with SPKBI.

Connects directly with the Core Banking System (CBS) and Clearing Participant System (SPK) through H2H and web services for efficient transaction processing.

Automatically retrieves and processes data for inward and outward clearing transactions, enhancing operational efficiency.

Forms and sends DPI to Core BNI for auto-debit, with automatic capture of results for reporting and returns.

Provides options for manual data input for clearing submissions and returns when required, ensuring flexibility in operations.

Detailed Features and Capabilities

The CIA Middleware system automatically handles acknowledgments (ACKs) for outward clearing submissions, streamlining the communication between the banking systems and the clearing house.

Ensures real-time synchronization of clearing data between Core Banking System (CBS) and SPKBI, enhancing the accuracy and speed of financial transactions.

By automating the clearing process, the system minimizes human errors, thereby increasing the reliability and accuracy of transaction processing.

Provides comprehensive reporting tools for both inward and outward clearing transactions, facilitating better decision-making and regulatory compliance.

The system’s modular design allows for easy integration with existing digital traffic light systems, ensuring scalability and cost-effective maintenance.

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