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Large Table Access™ (LTA)

HANDLE THE SPECIAL NEEDS OF EVERY ACCOUNT

Banks have long been challenged to process large volumes of checks rapidly and cost effectively while meeting customers' expectations. Until recently, the ability to handle complex sorting requirements was restricted by the sorters' limited memory and processing power.

Today's sorters now handle complex sorting criteria that were previously impossible. Large Table Access allows banks to take full advantage of this opportunity.

With Large Table Access, it is now possible to load the entire DDA account base as a large table into an IBM 3890/XP sorter to make sorting decisions during the prime capture pass. As a result, banks can successfully address key issues such as positive account validation, old account-new account number translation, early fraud detection and simplification of sort pattern maintenance.

With Large Table Access, banks can finally build a table that handles every account in the bank. Processing costs are reduced and customer service is greatly enhanced. Looking forward, the application will assist banks in the transition to image exchange by allowing creation of special truncation tables.

BENEFITS

  • Speeds processing by verifying account numbers through a single table of all account numbers for the bank
  • Saves $3.00 - $10.00 per account by eliminating the need to reissue new paper during a merger
  • Reduces the labor required to build and maintain tables
  • Translates old account numbers to new account numbers automatically
  • Reduces overhead by identifying return and exception items on prime pass
  • Aids in the early detection of problem accounts and fraud activity
  • Supports bank-to-bank truncation and future image exchange
  • Identifies the archive retention category, reducing DASD

For more information about this solution, download the brochure (PDF, top right). You can also contact Doug Halvorsen at 704.602.5335 or complete our Information Request Form.

 
     
Payment Processing | Financial Institutions | Bank Technology | Bank Consulting | Image Exchange
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