Newgen Adds ASV Capability to CTS

Aug. 18, 2010 - PRLog -- COMPLIANCE, RISK & OPPORTUNITY, January, 2010,

Newgen Software has launched Automatic Signature Verification (ASV), feature in their Cheque Truncation System (CTS). This additional latest capability is designed at increasing the operational efficiency, better compliance and reducing risks for banks Commenting on the major drivers for developing ASV, Virender Jeet, senior vice president, technology, Newgen Software Technologies says, 'The solution was an outcome of multiple factors: feedback received from our implementation teams at customer site and internal technologies quest.'

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Newgen Software Technologies Limited is the market leader in Business Process Management (BPM) and Enterprise Content Management (ECM), with a global footprint of about 800 installations in over 40 countries in BFSI, BPO and Fortune Global 500 companies.