POSITIONCenter Settlement Processing and Browser Based Settlement Reporting
 

The INFOLynx POSITIONCenter Settlement Module utilizes our proprietary Transaction Engine, comprehensive COLLECTIONPoint Transaction Data Warehouse and resident Customer and Product Databases to provide a single point, enterprise-wide settlement solution.

While the basic rules of settlement are simple, business consolidation and multiple processing platforms can complicate settlement management. Our Module is uniquely designed to address the growing need to improve settlement position application, management and reporting.

Our database driven POSITIONCenter  Module allows users to easily expand settlement rules to accommodate new transaction sets dynamically as they arise and consolidate settlement parties into settlement groupings.

Daily settlement positions can be calculated for any customer grouping and then transmitted to the ACH for next-day settlement.

Reporting options that display both detailed and summarized results can be made available to each participant for verification of settlement amounts.

Web-based settlement reports are available on-line to your customers. Reports and report files can also be distributed through your existing distribution channels.