Securities destruction support

Checking securities before shredding them

Securities destruction support

Our company has been actively developing systems supporting the control of securities and processing their details since the mid 90s. Although the number of hard copy securities is gradually decreasing, certain types are still produced in a physical form. Our IT systems provide control and management of such securities, and thus, offer saving in labour costs. When securities mature, they are removed from circulation and physically destroyed. Accurate documenting of this workflow is very important to produce reliable destruction certificates. Complete records also make it possible to identify any earlier frauds which may have gone undetected at the time when they occurred.

Features

  • Read identification data to identify securities
  • Check uniqueness
  • Detect missing securities
  • Document flaws, archive the image of defective securities/documents
  • Operator-modifiable reading templates
  • Manage high-performance scanners
  • Prepare destruction reports

Advantages

Efficient and accurate control of large quantities of securities within a short period of time.

The system can be set up using parameters and is scalable.

General features

  • Bespoke solutions
  • Reliable systems tailored to the needs of financial institutions
  • Processes and data content can be designed by the principal
  • Solutions working closely with other systems used by the company