Centrix Payments I.Q. System

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1 Centrix Payments I.Q. System The transaction reports within the Centrix Payments I.Q. System (CentrixPIQS ) system are designed to greatly simplify the ACH reporting requirements defined by regulatory bulletins (i.e. FFIEC, OCC ) and NACHA operating rules. Report Filter Report Filter PIQS transaction reports include a report filter that allows the user to define report parameters. Report on Originated versus Received ACH transactions. Report on a specific originator or the entire institution. Report Tags, defined by the financial institution (FI), can be used in the report filter. Report on all clients for a specific relationship manager. Report on a specific type of ACH transaction, such as debit/credit or SEC code.

2 Daily Transaction Analysis Provides a summarized view of activity levels for each day of the month. This report enables an institution to easily review the activity that occurs on a specific day of the month over a period of time. This sample report was produced for a 9-month timeframe. Days of the month are down the left. Drill Down All activity reports are summary reports, such as the example to the left. Click on any cell to drill down to view the transactions that make up the total. This is the transaction activity that makes up a summary total from the report. Drill Down Click Export to export to Excel. Click Details to see more about an ACH transaction record.

3 Monthly Volume Analysis Provides a summarized list of the number of ACH transactions processed (originated or received, as determined by the filter) for each company. The percent that each company represents as a percent of the total is in the right column. This report offers a concise review of the historical volume levels of a company. Transaction Type Analysis Provides a summary of the ACH activity for each company, grouped by SEC code. Company totals are provided for each SEC code. This report allows the FI to easily monitor the types of transactions that a company is originating or receiving.

4 Return Item Analysis Provides a summary of the returned items for each originator, grouped by return code. Return Percentages Report Lists any originators exceeding the specified return percentage. The return rate threshold used for this report (X%) is defined in the system specifications and can be overridden on the report filter. Also, the report filter enables the FI to report on the following return reason types: Unauthorized Administrative Insufficient Funds Suspicious

5 Returns Detail Report Lists all ACH returns for the selected date range and the selected client(s).

6 File Import Report Lists all ACH files processed for each day. Totals are available for each file. Activity Summary Report Lists origination activity for each client based on filter criteria. Totals are included for number of items (debit/ credit) and dollar amounts (debit/credit). Returns are also summarized.

7 IAT Report The IAT Report allows the institution to generate a list of IAT transactions and relevant data from the IAT addenda records. Transaction Detail Report The Transaction Detail Report generates a list of individual transactions for the specified time period, sorted by date and originating Company ID. Clicking on the amount will display the full detail for each record. Drill down on a transaction to view the details

8 RDC & Wire Reports The RDC and Wire Reports filter screen allows the user to run multiple Remote Deposit Capture and Wire reports from a single selection screen.

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10 Exception Processing Report Lists all originated files in which an exception condition was encountered. Additionally, if an override was required, the report will list the Override Notes and the user that performed the override.

11 Sample Graphs

12 Risk Worksheet Customer Risk Assessment Worksheet The CentrixPIQS risk assessment worksheet adds great value to the risk review process, which is typically very labor intensive for FIs. The consolidation of data from disparate transaction channels is automated, the user interface offers a concise view of the total relationship, the next review date is tracked, and the details of the last review are available for reference. The worksheets for individual customers are accessed through the Risk Worksheet screen. A list of available worksheets is displayed (risk worksheet queue). Users defined as an Internal User will see worksheets for all customers, whereas users defined as a Relationship Manager will only see worksheets for their assigned customers. Users can add notes, upload attachments, and edit the recommended limits. Risk Review Queue The risk review queue will list clients who are due for their risk assessment based on the Next Review Date defined at the originator or business unit level.

13 Risk Worksheet Attach Supporting Documents Supporting documents such as Origination Agreements can be attached to the client and/or risk assessment, eliminating the need to maintain paper copies. Display Related Accounts The risk worksheet can summarize the client s other account relationships (e.g., deposit accounts, loans), thus providing a comprehensive snapshot of the customer s relationship with the FI.

14 Origination Activity Summary ACH origination activity for the review period is summarized automatically. Reviewing employees no longer need to manually gather this information. Return Rates The client s ACH return activity is summarized.

15 Over Limit Events If the client exceeds their exposure limit during the review period, CentrixPIQS will summarize each event. This section provides valuable insight when the FI is considering an adjustment to the exposure limit. NACHA Violations The NACHA Rules Violations section is used by the FI to document any incident that compromises a NACHA rule.

16 ACH Limits The current exposure limits defined for the client are displayed, and the person performing the review can make a recommendation to adjust any of the limits. Route To CentrixPIQS includes workflow functionality that enables the risk worksheet to be routed from one person to another. Choosing a user from the Route To: list and clicking Save will send an to that user notifying them that the worksheet is available for further review. All internal users with Risk Worksheet Routing selected on the tab of the User Setup Internal screen will be listed. For more information, centrixinfo@q2ebanking.com or call (531) , Q2 Software, Inc. All rights reserved.