Finverge Data Exchange Module

Finverge Data Exchange Module (DEM) is developed for banks registered with NPCI asCTS participants. DEM seamlessly interfaces with the Central Clearing House (CCH) toenable data and image exchange for secure cheque processing. With DEM, NPCI hasgiven a lower-cost alternative to CHI.

General Functionalities of DEM as per NPCI Guidelines

Upload outward files to Clearing House (CH) after signing and encryption

Perform switchover to Secondary CH as and when DR is invoked at CH

Download inward files and masters from CH and make them available to Capture System after signature verification and decryption

Perform key and certificate exchange with CH to ensure usage of valid keys for file exchange

Provide file reconciliation information to CH periodically

Integration with CTS Capture System of the CPC and CH/CCH of NPCI

Finverge DEM - Features

HTTPS protocol for secure message exchange and SFTP for file exchange

Periodic checks for un-retrieved inward files and retrieval of the same from the CCH

Configurable file retrieval with efficient download of files every FTP session

Usage of hardware security module for storage, signing and encryption

Automate the process to reduce keystrokes

Streamline cheque processing

Switchover scenario contingency plan with file retrieval from primary and secondary CH

Decryption and signature verification of all files

Data reconciliation capabilities during inward and outward presentation of cheques

Restricted SFTP transmission of data based on NPCI guidelines

Why Finverge DEM

Faster cheque processing with faster truncation at the point of deposit

Uses very low cloud resources and therefore is highly cost-effective and yet very efficient

More than one bank can use one DEM, which allows for cost-sharing between banks

Requires less number of servers and data recovery investments when compared with CHI

Can be seamlessly integrated with Cheque Truncation System (CTS) currently used by banks

Integration with CTS Capture System of the CPC and CH/CCH of NPCI

Supports scalable architecture - vertical as well as horizontal scaling

Supports multiple DEMs, if required by the bank in future with Load Distribution, Data Segregation etc.

Our Services

Remote Support

Onsite Support

Priority Support

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