Consulting Services:
Check 21 Ready

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Is your financial institution ready for Check 21? Check 21 Ready, an innovative service from Metavante Image Solutions Consulting Services, can help ensure that your bank is in a state of complete readiness for Check 21. Our Check 21 Ready team will help you develop a plan of action that will let you realize all the efficiencies and cost savings inherent in check truncation.

The Check 21 Ready process takes place in several stages. First, an image strategy assessment is performed. Next, an image exchange readiness evaluation is conducted, to help you understand your options for exchanging images with other financial institutions. The third stage in the process is an analysis of your Distributive Traffic Agent or SVPCO/DTA preparedness, followed by an assessment of your general readiness for Check 21. Finally, if you so choose, our Check 21 experts will manage the implementation of your bank's chosen image strategy.

One image exchange solution which we believe is viable for many financial institutions is the DTA software system. We can assist you in getting "onboard" with this solution, which manages the exchange of financial transactions among SVPCO members, and bypasses traditional check clearing houses for the presentment of transactions, returns, or exceptions. SVPCO is owned by 22 of the largest U.S. clearing and issuing banks, representing a significant portion of U.S. commercial deposits.

Correctly positioning your bank for Check 21 can give you a real competitive edge. Check 21 Ready from Metavante Image Solutions Consulting Services provides a roadmap that will help you make a smooth transition to image delivery.

Check 21 Ready Services

  • Image strategy assessment
  • Image exchange readiness evaluation
  • Distributive Traffic Agent preparedness analysis
  • General Check 21 readiness assessment
  • Image exchange implementation assistance

Metavante Image Solutions Consulting Services assists banks by providing management consulting and business practice improvement. We have identified several areas of expertise, including Project Management, through which we help banks and other financial institutions become more profitable by reducing expenses, increasing revenue, streamlining processes, and by helping them increase competitive differentiation and customer satisfaction.

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