FileDesign™  |  AutoVerify™  |  PowerSet™

The Winning Solution for Settlement
Broaden end-to-end testing by integrating the authorization, clearing and reporting process into a single testing platform and perform cost-effective comprehensive settlement testing.

Lexcel’s settlement solution is a unique PC-based software application that replicates the Host System’s back-office processing logic and message settlement formats. This empowers users to easily utilize existing data and transfer settlement-ready files from testing or production platforms through multiple data formats. Lexcel TestSystem® Settlement is an integral component for testing application upgrades or modifications and complete settlement file format conversions.

The Only Compliant Clearing, Settlement and Reporting Platform:

• The only PC-based clearing and settlement solution for over 15 years
• Validates file structures and contents
• Provides detailed error reporting
• Includes production-like processing functions: currency conversion, interchange qualification, cross-editing, cryptogram processing
• Integrates with Lexcel’s authorization test systems
  

We’ve combined file creation, file conversion and automated validation, clearing and reporting, providing the most comprehensive settlement system available for the payment technologies industry.

Lexcel’s settlement solution, Lexcel TestSystem® Settlement, performs automated data management through the interrogation, mapping, and customization of input data from various authorization audit files. Convert data sources into valid settlement records from transaction processing systems that capture online transaction exchanges.

• Test the acquisition of file conversion and validation logic through a settlement pre-edit package.
• Shorten test cycles with instant reporting of business rules, data integrity, and validation errors.
  
• Validate changes to the file conversion and clearing process.
  
• Settlement system developers and testers quickly generate, edit and confidently verify the accuracy of their input data files.
  
• Define settlement file formats with configurable parameters for setting up field definitions and aging transactions.

Lexcel’s settlement solution utilizes clearing functionality integral for testing everything from application upgrades and modifications, to complete settlement file format conversions.

• Implement changes faster through automated testing of settlement processes.
  
• Simulate processing functions of unique settlement systems in an always-available off-line environment.
  
• Catch errors in the product environment long before any customer impact or lost funds are realized.

User-defined and static reports include acknowledgement, reconciliation and lifecycle totals that are easy to manage and provide immediate insight into potentially damaging issues.

• Compare Lexcel-generated results against your own files for line items and totals.
  
• Shorten test cycles with instant reporting of business rules, data integrity and validation errors.
  
• Experience one-click ‘scoring’ with detailed qualification reporting.
  
• Distribute standard-formatted reports across multiple user groups.
  
• Provide detailed audit trail of testing results for compliance.