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SiCIT

With the launch of the Check Image Truncation (CIT), since July 9th 2018 the digital check definitevly replaced the original paper check, thus assuming full legal soundness at any effect.
Thanks to this further digitalization process of the Country, operative risks historically connected to their material exchange and to the related hand making, are thus reduced.

To comply with this innovative process of treatment and working of the check, SiGrade gave rise to the application SiCIT, to add to the suite of the other products committed to the word of checks.

Main modules and functions
• Branch operability (Drawee Bank and Negotiator Bank)
• Back Office Operability
• Flow send/receive engine (XML and Message Switching) and monitoring
• STAD Notary Module (interfacing with Public Officers)
• DSP Module (interface with Bank of Italy for legal substitute protest declaration)
• Integration underlayer with the various systems in a Bank (Teller TP, Checking Account, Foreign, Digital Signature, Documents/legal standard Conservation, Cashier’s check/Drawee, General Accounting, General Registry, Signaling, Security, etc.)
• Arrangement for the Remote Deposit Capture service, which will give Companies the opportunity to present to a bank remote digitalized checks

Advantages
• Multi-bank operativeness
• Modular in both operativeness and functionality
• Operation of both Front and Back Office can be further modular/customized based on the organizing needs of the bank
• Possible to operate independently or in a “by service” mode, being able to maintain fully or partially the front functions already in use in the bank
• Can be easily integrated inside the informative system of the Bank