MANTECH SUPPLIES IMAGE PROOF-OF-DEPOSIT SYSTEM FOR LLOYDS TSB Wednesday 29 August 2001 PDF Print New System Significantly Increases Efficiency By Capturing Entire Cheque Image ManTech Advanced Recognition Ltd (MARL) has won a major new order to supply Lloyds TSB Bank with an advanced image proof-of-deposit system. Based on the latest Seac Banche RDS 3000 counter top document reader, the system will significantly increase efficiencies in branch item processing, leading to better customer service. To date, 515 software licenses and RDS 3000 devices are included in the deal, with the deal size being in excess of £2.5 million. MARL already has a longstanding supplier partnership with Lloyds TSB Bank, and since 1995 has supplied more than 11,500 Seac Banche RD 1000 counter top document readers to branches throughout the UK. In addition to the capabilities of the RD 1000, which scans and registers only the code line on a cheque, the new system will take a complete image of the cheque. This will allow Lloyds TSB to ensure faster and more accurate proof of cheque value against that of the credit slip. The RDS 3000 document readers are being deployed at high volume sites so that cheques can be passed together with a credit slip from the cashier to the back office. This gives cashiers more time to serve customers. In addition, it is anticipated that operator errors will be reduced, as the RDS 3000 takes a complete scan of the cheque value and credit slip rather than relying on data input manually by a cashier. Ron Scurr, Head of Group Branch Systems at Lloyds TSB comments, “Following on from the successful installation of the RD 1000 units, the introduction of the RDS 3000 to the back office area will increase our accuracy and speed in automated cheque processing. Our customers will benefit from reduced processing times.” MARL is the prime contractor for supplying, installing and managing both hardware (RDS 3000) and software (xClearing supplied by Alogent, and CAR/LAR recognition technology from A2iA). Initially, Lloyds TSB purchased 310 software licenses and RDS 3000 devices. This has already increased with an additional order for 205 units and associated licenses. The RDS 3000 is manufactured by Seac Banche in Florence, Italy, and MARL has sole distribution rights within the UK and Ireland, and distribution rights in North America, as well as Central and South America. The system is suitable for both cheque and document processing applications, being capable of reading up to 256 levels of grey and capturing up to three images of a document in a single pass. The RDS 3000 is fully programmable and can interface with any PC via a standard Fast SCSI-2. Other features that can be included are automatic feed with a capacity of up to 100 documents, a roller ink stamping device for stamping the front of the documents, and a programmable ink jet endorser. Managing Director of MARL, Stephen Walsh, concludes, “This new deal – which is additional to the substantial work already in place - makes Lloyds TSB the single largest customer for Seac Banche, and is testimony to ManTech’s ability to manage and deploy large-scale front-office and back-office projects in the banking sector.” About ManTech ManTech’s European Headquarters is based in Windsor, UK. ManTech Advanced Recognition Ltd is part of ManTech International Corporation, a privately held integration services company with more than 5,000 employees, serving clients in commercial and government agencies in over 30 countries worldwide. MARL provides high quality, high performance software and hardware products for accurate and automatic data acquisition. The company has over thirty years experience in the supply of payment processing, data capture and document imaging systems to banks and financial institutions, transport and courier companies, warehouse and logistics organisations, utilities, telecommunications and subscription TV services. For more information, visit ManTech's web site at: http://www.mantech-euro.com Editor’s Contacts: Claire Adam/Natalie Johnson MCC International Ltd Tel: 01962 888100 E: email@example.com / firstname.lastname@example.org James Silcock Group Marketing Director ManTech Europe Ltd Tel: 01753 838211 E: email@example.com This press release was distributed by ResponseSource Press Release Wire on behalf of MCC International Ltd in the following categories: Consumer Technology, Personal Finance, Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.