MicroBanker SRTE: System Features

Security, Auditing and Backup Facilities

• Seven (7) levels of security access authority with three-digit teller code and four-digit teller password.
• Record encryption protects data against unauthorized modification from outside the MicroBanker system.
• Maintenance of up to seven generations of back-up data through enforced end-of-day and end-of-month back-up routine.
• Automatic data recovery routines restore data integrity after a system crash and informs operator whether a transaction needs to be re-entered or not.
• Audit trail, supported by transaction vouchers and hard copy daily transaction and account listings and recording of number and date of previous transaction. Records teller code with each transaction.
• Daily hard copy account listings, designed for smooth switch from automated to manual operations in case of an emergency due to prolonged power interruptions or hardware breakdown.

SRTE Functions and Features

• Currently available in English; French and Spanish language version are under preparation.
• Supports the following financial field formats: (i) American (ii) European (iii) Indian "lakh format". Number of decimal places may be two or none. A total of 15 digits is supported for customer account balances and 17 digits for GL balances.
• Supports American, British or international date format, either with slash (/) or period (.) separators.
• Real time transaction processing, with end-of-day update of the respective general ledger accounts. Real time processing of user generated, general ledger journals.
• Transaction volumes in excess of 2,000 transactions per day have been achieved without speed degradation in a network environment.
• Provides, in addition to real time transaction processing, back office batch processing facilities.
• "Mixed batches" allow posting of transactions across all applications, including GL, from one batch.
• Integrated customer, savings, current account, time deposit, loan accounts and general ledger modules with posting of general ledger transactions from within the MicroBanker system.
• Standing Order facility for automatic payments between savings, share accounts, current and GL accounts.
• User selectable automatic or manual clearing of cheques.
• Generation of automatic journals for transactions between customer accounts and between customer and GL accounts. This allows, for example for automatic recovery of loan installments from a savings or current account.
• Central customer file provides instant access to all accounts held by one customer.
• Customer records accessible through any of that customer's account numbers and, vice versa, account records accessible via the customer record.
• Access to specified sets of routines and operations controlled by user-defined teller authority levels.
• Control of proper sequencing of beginning and end-of-period operations prevents operator errors.
• Enforced balancing of a teller's cash and cheques on-hand with computer entries maintains full cash control. One GL Cash and one GL Cheque account for each authorized teller.
• User modifiable four-character transaction codes.