A bit synchronization device which extracts an output data signal and an output clock signal from an input data signal on the basis of a multi-phase clock signal. Accurate repositioning of an imaging device is necessary for generating or displaying high quality time-lapse image sequences for a variety of applications. The ability to the push the alerts to issuers with a permissible purpose for receiving the information in the alerts provides a real-time, online and cost effective way of providing issuers with valuable risk management tools.