You can have alarm monitoring via IVMS 4200 Software just needs setting up. It will also work with IVMS7000 from LTS Security Inc., I assume they rebrand Hikvision Stuff for the USA Market. Only downside I have noticed on the 16ch model (Without Alarm Inputs) is that if you did want to use some kind of monitoring ie through the Line Cross Detection feature only works with one Channel.
However IP Cameras on the same DVR can have line cross detection as its direct in the camera software, On the IVMS you add them as new devices but add them to the same group (Site).
Other than that it looks good kit just a shame you cant have Line Cross detection on more than one camera
Also Alien DVRs will work through both the IVMS software's.