From Banking Operations to IDS On-Time Processor
Before I started in IDS OT (On-Time), I worked at a bank for 16-years. I began my career as a teller and, after three years, moved into the Operations department. I loved my job at the bank, as every day brought a variety of interesting, new challenges. There was never a dull moment. When I decided to move to Lincoln, Nebraska, I landed a job at ASI in the IDS OT department. I was excited to learn more about what goes on behind the scenes of the bank, as a Processor.
Looking back, working at the bank was pretty straight forward. The ACH transactions were posted, before I even walked through the door. The 10 o’clock incoming cash letter was memo-posted without so much as lifting a finger. Same day ACH? Those were a breeze too. I would just verify and hit the accept button. Sending that last outgoing cash letter was done behind the scenes and I didn’t have to look for duplicates, because someone else notified me when we had one. I could leave right at 5pm, without worrying about anything outstanding.
Starting at ASI has really opened my eyes and made me appreciate what those amazing people behind the scenes really do for Financial Institutions every day. From 7am to 8pm, the dedicated staff in IDS OT is there for our banks. We start our morning by posting all of our banks’ ACH transactions before 9am, meeting NACHA regulations. We then post the morning cash letter and send out the first round of same day ACH transactions.
Next, we bring in the 10 o’clock cash letter, send and post Same Day ACH Transactions. Around 11am, we start the first round of banks who want their NSF, NonPost/Exceptions, and Stop Pays handled. We call this the Deposit Exceptions segment. Next, we send out that last same day window for ACH transactions. Wait can you believe it’s noon already?? Time to grab a lunch – yum.
Then, we move on for the next posting of ACH Transactions and more Deposit Exceptions. Before you know it, it’s 3pm and we have already started the End of Day Processing, taking us into 6pm. Don’t forget, you have to get statements all ready to be printed by a third party.
I’ve been told that End of Year Processing is also quite the well-oiled operation to view in the IDS OT department. We do it all, making everything ready to go when you walk in the bank on January 2nd. No late night required for you, you have IDS OT for that.
The IDS OT team knows how to handle any delays from other vendors. We are even willing to stay late if there is a delay in the posting or receiving of files, as sometimes happens through Correspondent Banks. IDS OT takes care of the details, so you don’t have to.
Working for ASI as an IDS OT Processer is vastly different from working in a bank. But I love the culture, the creativity, and the amazing team in IDS OT. Every day is still different, bringing on new challenges. There is definitely never a dull moment in IDS OT. My days go by much faster and I have a deeper appreciate for those who are behind the scenes. Yes, I love this job, too!
About Automated Systems, Inc.
Since 1981, Automated Systems, Inc. has been a leader in providing innovative core banking, digital banking, and data processing solutions to community banks nationwide. An array of integrated applications provide partnered banks with tailored, cost-effective, competitive choices. ASI delivers industry-leading technology backed by unparalleled in-house conversion, training and support teams; paving the way for progressive, top-notch customer service. ASI corporate headquarters are located at 1201 Libra Drive, Lincoln, NE 68512, 1.800.279.7312. For more information about banking solutions from ASI, visit www.asiweb.com.
About Insite Data Services
IDS data application hosting services combines secure and cost-effective core banking applications, enterprise-class servers and storage, and proven virtualization technology. IDS hosts all of the bank’s servers in secure data centers that use state of the art security systems including identity verification and biometric scanning. Insite Data Services also offers IDS On-Time, a full-service solution dedicated to back-office bank processing. These operations experts allow partnered banks to focus on their most important asset, their customers. For more information visit www.insitedataservices.com.
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