document management solutions for:
financial services |
Financial Services are the largest group of companies in the world in terms of earnings and equity market cap. The market is extremely fragmented with widely diverse requirements. The ability to rapidly capture, manage and share both paper and electronic information while maintaining privacy, compliance and audit requirements is a common challenge to all.
Although companies are making a concerted effort to transition to all-electronic processes, many processes are still mired in paper — whether in physical or electronic form such as faxes or e-mail. The paper dependence will continue for the forseeable future. Electronic files present new challenges as they are easier to share and thus harder to control.
Firms are faced with increased scrutiny and regulatory requirements and controls over how information is accessed, stored, secured, retained and processed. These regulations include The Patriot Act, Graham-Leach-Bliley, SEC 17a-3 and 17a-4 and of course Sarbanes-Oxley sections 302 and 404 for public companies. Additional requirements for maintaining the confidentiality of information along with the ability to readily audit the the authenticity of both the data and the process are also incorporated. A system like LibertyNET is required to comply effectively.
Electronic Document Management Software Improves Financial Services Efficiency
The bottom line is speed and control. The faster a transaction can be processed in a compliant fashion the more business can be conducted while simultaneously lowering risk and reducing costs.
Liberty Information Management Solutions help by improving the way financial service companies control and process transactions at the speed of money. Specifically, LibertyNET has these advantages:
- Compliance: Supports regulatory compliance initiatives.
- Audit: Quickly and efficiently produce documentation for auditors and during discovery.
- Eliminate lost or misfiled paperwork.
- Process Control: Automate document-centric processes.
- Risk Management: Ensure customer data is private, secure and that access is recorded in an auditable fashion.
- Cash Flow: Shorten the billing cycle from days and weeks to less than a day.
- Profitability: Save time by automating manual billing, collections, customer service and human resources processing.
- Competitive Edge: Reduce process cycle times resulting in better customer service.
- Multiple Locations: Reduce time delays sending documents between multiple remote offices. Provide simultaneous access to paperwork for all locations.
- Electronically match, assemble and print loan files and supporting documents as well as reduce physical storage space.
- Integrate: Automate data entry, verification, document creation and indexing using information from existing line of business systems.
- Grow your business without corresponding increase in administrative overhead.
Who and how we help:
- Brokerage and Exchanges
- Pit Cards
- Statements and confirms
- Insurance
- Claims processing
- Title insurance
- Banking
- Signature verification
- Student financial aid departments
- Mortgage
- Loan package document assembly
- Trailing information capture
If you would like to see more information on how Liberty IMS can improve your information management needs, please contact
us. |
| CASE STUDY |
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Client: Commonfund
Market: Fund Management
Product: LibertyNET
Challenge:
This fund management company for non-profits needed a way to manage information involved in customer transactions as well as control customer correspondence.
Solution:
Commonfund chose LibertyNET to automatically index confirmations, statements, journals, etc. from a line of business system. Both inbound and outbound correspondence e-mail is managed by LibertyNET. |
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| INDUSTRY MEMBERSHIPS |
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CONTACT US |
Liberty Information Management Solutions
The Liberty Building
3158 Red Hill Avenue, Suite 100
Costa Mesa, CA 92626
Phone: (714) 751-6900
Fax: (714) 432-5335
info@libertyims.com |
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