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Item Processing & Settlement

Item Processing & Settlement Solutions

Settlement across every payment type and channel, and image replacement document printing for any item processing or image exchange environment.

Overview

Settlement and printing you can depend on

Ensuring that all incoming transactions are accounted for is a critical operation for financial institutions, and settlement grows more complex as payment types, channels and platforms expand. TCMx™ streamlines settlement across all of them, in batch and in real time.

Enterprise IRD™ provides fast and accurate printing of image replacement documents and is designed to work within any item processing or image exchange environment. It supports some of the largest replacement document printing operations in the industry.

Deployment

In-house or as a service

Built for service providers

TCMx™ is designed to be implemented as either an in-house or service provider solution.

Multi-bank support

Enterprise IRD™ supports processing work for multiple banks on the same system. Optional usage-based pricing is available to service providers.

Built on proven methodology

TCM™, CV Systems' mainframe and client-server settlement product, provided many of the largest U.S. financial institutions with efficient settlement for over 20 years. TCMx™ is its next generation.

Explore TCMx →

How we deliver

Built and installed by CV Systems

Built in-house

Every product is developed by CV Systems, giving full control over quality, performance and security.

Fixed-cost, turnkey

Installed on a fixed-cost, turnkey basis with customization for each client's unique IT requirements.

Multi-institutional, 24/7

Runs 24 hours a day, 7 days a week, with no limits on terminals, institutions or networks.

FAQ

Frequently asked questions

Does TCMx™ support real-time payments?

Yes. TCMx™ provides full support for the industry's Faster Payments initiatives and accommodates both batch and real-time transaction processing.

Which replacement document standards does Enterprise IRD™ support?

All types of replacement document design standards, including U.S. and Canadian standards. It creates forward and return replacement documents, as well as statement enclosures.

Can we offer these products as a service to other banks?

Yes. TCMx™ is designed to be implemented as either an in-house or service provider solution, and Enterprise IRD™ supports processing work for multiple banks on the same system. Optional usage-based pricing is available to service providers.

How does TCMx™ handle items that arrive after the deadline?

Unlimited multi-day support lets you work with any number of processing days at once. Amounts and item counts received after the current-day deadline are held over and transferred to next-day processing automatically.

Let's talk about your environment.

Every CV Systems product is installed on a fixed-cost, turnkey basis and customized to your institution's IT requirements.