ASTI/MIPS (Monetary Instruments Processing System) was designed to process, monitor, and manage all monetary instruments transactions in accordance with the OFAC and Anti-Money Laundering Policy based on FDIC and BSA regulations.It also provides powerful report generation functions to help the bank management control and monitor business transactions and operations.The MIPS system automates the monetary instruments processing at the bank. With special interfaces, the system can also be easily tailored to meet your bank’s special requirements.As a business operation assistance tool, the MIPS system can eliminate bank staff’s tedious manual monetary transaction tasks.It will benefit the bank operators and management on speeding up the operating procedure, strengthening the regulation check and generating the massive monitoring reports.

Major functions cover:
　　 ■ E-form based system to speed up the monetary instruments process
　　 ■ Provide the database support for the collected Monetary Instruments purchase information
　　 ■ Speed up/skip data entry work for existing purchasers/payees
　　 ■ Integrate with the core banking system to retrieve bank customer information and to perform account validation and balance check
　　 ■ Provide different security levels for control and management
　　 ■ Perform OFAC check to meet the bank and FDIC regulations
　　 ■ Comply with the Anti-Money Laundering rules and FDIC regulations on a real-time monitoring basis
　　 ■ Generate various Monetary Transaction Reports to meet bank management’s need and government requirements
　　 ■ Provide the night processing service to collect all cash transaction details from the teller system and the core banking system
　　 ■ Generate all cash related Aggregation Cash Transaction Report, including Deposit/Withdraw, Wire Transfer, Monetary Instruments, Credit Card, ATM/POS etc.
　　 ■ Allow end users to dynamically customize the reports to fit various conditions.
　　 ■ Allow system administrator to customize functions to fit the current monetary types’ new regulations and rules or even to add a new monetary instrument type to the current MIPS system.

Key benefits include:
　　 ■ Eliminate customer’s waiting time
　　 ■ Comply with the Anti-Money Laundering policy and regulations
　　 ■ Save the bank operators time with the system-aided data entry, retrieving and validation
　　 ■ Provide the maximum flexibility in meeting customers’ different and various requirements.
　　 ■ Allow the system administrator to easily configure the system based on the bank user’s various parameters and rules.

Platform & System Requirements:
　　 ■ Network infrastructure: TCP/IP based network environment
　　 ■ Server machine: MS Windows 2000 or XP Professional, Unix, Linux
　　 ■ Database: MS SQL Server, DB2, Oracle
　　 ■ Client machine: MS Explorer