NIFT Clearing System Download

NIFT Clearing System is an enterprise-grade platform for end-to-end clearing and settlement of payment instruments. It centralizes and automates clearing workflows across banks and payment participants, reducing manual effort while improving accuracy, visibility, and control.

Key features:

End-to-end clearing workflows: presentment, validation, routing, settlement, returns, and reversals
Real-time monitoring: dashboards, alerts, and SLA tracking for cut-off times and cycles
Exception handling: configurable queues for disputes, rejects, and investigations
Reconciliation engine: intra-/inter-day reconciliation, break management, and automated matching
Reporting and audit: on-demand and scheduled reports, full audit trails, and tamper-evident logs
Integration-ready: APIs and file-based connectors; supports common industry message formats (e.g., ISO 20022, SWIFT MT) when configured
Security and governance: role-based access control, multi-factor authentication, encryption in transit and at rest
Scalability and resilience: high availability options, horizontal scaling, and failover support
Global operations: configurable holidays, time zones, currencies, and settlement rules

Who it’s for:

Banks and financial institutions managing interbank and intrabank clearing
Payment service providers and fintechs connecting to clearing networks
Shared service and operations centers seeking standardized, auditable processes

Benefits:

Faster settlement cycles with fewer errors
Greater operational transparency and risk control
Streamlined compliance readiness through auditable processes and reports

Deployment options include on-premises or cloud environments, with support for standard relational databases and enterprise message brokers. Configuration options allow the system to align with local regulations, network requirements, and institutional policies.

NIFT Clearing System is developed by National Institutional Facilitation Technologies Limited.. The most popular version of this product among our users is 2.0. The name of the program executable file is NCS02112009.exe.

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