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Transaction Processing (TP) Services

 

Xicom has extensive and proven expertise in Transaction Processing

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Xicom have geared software technologies to streamline and enhance all mission-critical transaction processing operation services.


Xicom has extensive and proven expertise in Transaction Processing. This is matched by understanding of clients need to simplify business processes thereby save time and money and improve customer service. In response to the financial industry's new imperatives, we have geared our technologies to streamline and enhance all mission-critical operations. Xicom can support a wide range of transaction processing services.

Our Transaction Processing (TP) services provide support for the on-line processing of information in discrete units called transactions, with assurance of the state of the information at the end of the transaction. This typically involves predetermined sequences of data entry, validation, display, and update or inquiry against a file or database. It also includes services to prioritize and track transactions. Transaction processing services may include support for distribution of transactions to a combination of local and remote processors.

In particular, Xicom can provide 3 key types of processing services - order processing, claims processing and loan/ mortgage processing.
   
Transaction Processing (TP) Services | BPO | Financial Transaction & Order Processing Services Order Processing Services include processing of application forms (both paper and electronic), information verification, authorization and confirmation.
Transaction Processing (TP) Services | BPO | Financial Transaction & Order Processing Services Claims Processing Services refers to electronic information capture, information verification, eligibility determination, and reporting of information. In addition, there are future opportunities for providing higher-end services such as data mining and analysis.
Transaction Processing (TP) Services | BPO | Financial Transaction & Order Processing Services Loan/ Mortgage Processing Services involve information capture, verification of information on loan/ mortgage applications forms, and screening application against predefined criteria.
   
Xicom supports the entire transaction processing life cycle, providing our clients with a solution that increases productivity while reducing costs. We also have vertical market expertise in several areas including banking and is expected to increase the same in the areas like - credit card, insurance, mortgage, medical and rebate claims processing.
 
 
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We have partnered together with Xicom for the last four years, during which time we have successfully managed a large number of projects in the Value Chain function across each of our geographic regions. Xicoms' consultants and client managers have provided flexible, cost-efficient solutions, and importantly share our passion to deliver with quality exceeding our clients' expectations. Xicom has consistently demonstrated technical competency, resourcefulness, commitment and the tenacity to complete the most challenging assignment.

Howard Kim - CTO
SKK Communications, Korea.


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