Central Banks
ICS provides an enhanced means of managing note sorting, note issue and note inventories across all locations and equipment types. It enables central banks to move from current sampling techniques to a system of total inventory visibility. In addition to this is enable them to implement an automated methodology for measuring the compliance of the commercial processing sector and thus manage the process of penalties and performance incentives.
With the increasing trend towards outsourcing of banknotes by central bank to their commercial partners, there is a risk that central banks will lose the control and visibility of note processing activities. ICS is able to redress this balance and provide those banks looking to outsource their operations and clear, consistent and independent view of national note inventories.
With the increasing trend towards outsourcing of banknotes by central bank to their commercial partners, there is a risk that central banks will lose the control and visibility of note processing activities. ICS is able to redress this balance and provide those banks looking to outsource their operations and clear, consistent and independent view of national note inventories.