Fiserv DNA - Inclearing Recon - Long

Baba_Majekodunmi_703
Baba_Majekodunmi_703
Altair Employee
edited December 2023 in Altair RapidMiner

Fiserv DNA is a Core Banking Platform that processes daily transactions related to customers, lending and deposit products, financial data, and interfaces with other systems. DNA generates many reports on a Batch and Online basis that are critical for managing Inclearing (electronic checks) operations such as;

 

AH_CLEAR

GL_RECON

EF_UNLE

IPS_EXCP

IPS_EIM_EXCY

 

Operations teams must gather the data from all of these reports in order to perform Balancing for Inclearing. Without the right tools the process can take more than 30mins on a daily basis. With Monarch the process can be accomplished in significantly less time.

 

Lets take a closer look at how Monarch can accelerate the data preparation process for Inclearing