ECM for Financial Services
Increase the capacity of your existing office staff to support additional advisors.
- Increase your appointed representatives by as much as 60% without adding to your support staff
- Simplify FCA regulation compliance and reduce the cost by between 21% and 47%
In today’s market, the financial services industry is under scrutiny to be transparent.
With increasing regulations, ever-changing customer expectations and the unpredictability of the economic market, the financial service sector is looking to technology to meet their demands and lower overall costs.
ECM for financial services brings together document management, workflow, records management, digital asset management, image management and more. ECM from Collate is now a preferred choice for the financial industry with over 4,000 installations worldwide.
Regulatory Audits and Compliance
With an increasing number of records, keeping them in order with ECM Audit Trail it has never been easier. ECM can easily fulfill compliance requirements and prepare for regulatory audits. The technology allows you to identify, classify and preserve records, ensuring compliance support with a full audit history. You can maintain evidence of contracts, certificates and legal content, making regulatory auditing stress free.
ECM Demo
Independent Financial Advisors
ECM for financial services is an effective tool for facilitating going ‘paperless’. The document management capabilities of ECM means you can store, search and manage any kind of content, all within a common repository. It allows content sharing, version control and approval of documents which saves business time and simplifies workflow. ECM ensures employees are working smarter, as they have the tools and knowledge in front of them, when they need it.
Inbound paper (invoices, contracts, forms) can be digitised when received, creating increased efficiency within the business. This reduces the time spent on administration and completing reports, freeing valuable time for fee earning activities and streamlining & simplifying these critical procedures.
One advisor reported:
“A reduction of 12 hours a month on report writing and a reduction in time from initial contact to signed agreement, from an average 12 weeks to an average of 9 weeks.”
Office Managers
Having to continually re-enter information into different systems takes time. ECM for financial services can automate these resource-intensive business processes. I.e. it provides automated updating and notification of changes in client status, maintains compliance logs, and can automate compliance approval of new accounts.
Digital asset management within ECM technology also enables you to manage rich media and large files effortlessly. Within the system you can catalogue file types and store by your exact business requirements.
“Finding information is now not only fast and easy to find but is always up to date and we can report a reduction of 57% in time spent working on reports.”
Simple Integration
ECM for financial services integrates seamlessly with business applications including CRM systems, accounting applications, core banking applications and more. Not only this, ECM allows users to access information in the manner and environment in which they are most familiar with.
The result is convenient, comprehensive and compliant enterprise content management that helps financial services businesses succeed against a backdrop of increased regulatory oversight, shrinking margins and market volatility.
For a demo of what Enterprise Content Management can achieve for your financial services business, contact Collate on 0800 954 8087, email marketing@collate.co.uk or request a demo at the top of the page.
Testimonials
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RNLICaroline Slater, Networks and Telecoms Poole, Dorset.
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Macmillan Caring LocallyNeal Williams, Trust Secretary Christchurch, Dorset.
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U-DriveRichard Sutton, General Manager Portsmouth, Hampshire.
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Bournemouth FoodbankDeborah Bramley, Bournemouth Foodbank Project Director Bournemouth, Dorset
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Ross BrookeJill Glasgow, HR/Office Support Manager Newbury, Berkshire
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Special Auction ServicesLaura Inglut, Administration & Accounts Newbury, Berkshire
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iMAGCharli Harding, Co-founder & Director Poole, Dorset
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Pancreatic Cancer ActionAli Stunt, Founder & Chief Executive Oakhanger, Hampshire
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RollalongMichael Bretton, IT Manager Wimborne, Dorset
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Carlisle Fluid TechnologiesDan Banning, IT Bournemouth, Dorset.
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Bomb CosmeticsCharlotte Chambers Bournemouth, Dorset.
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St John AmbulanceElaine Leighton, Sales and Marketing Manager Dorchester, Dorset.
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The Watercress CompanyAndrea Guppy, Senior Administrator Basingstoke, Hampshire.
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Platform One LimitedJeremy Sims, Operations Manager Wimborne, Dorset.
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Admiral Marine LtdJane Dodd, Business & Financial Manager Salisbury, Wiltshire.
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The IT DepartmentMatthew Newnham, Strategic Development Manager Bournemouth, Dorset.
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Chapman+CoVicky Dalton, Practice Manager Winchester, Hampshire.
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Budmouth CollegeDavid Bone, Director of HR and Finance Weymouth, Dorset
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Barrell Tree ConsultancyRosalind Barrell, Company Secretary Fordingbridge, Hampshire.
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United World School of EnglishYvette, Director of Studies Bournemouth, Dorset.
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Hearnes Estate AgentsSally Gravener, Managing Director Bournemouth, Dorset.
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Abacus Repro LimitedKevin Smith Salisbury, Wiltshire.
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Frost & CompanyStephen Frost Wimborne, Dorset.
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Lynch Lane Offices LimitedCharlotte Buckle, Director Weymouth, Dorset.
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Comms UK LimitedGeoff Timms, Managing Director Wimborne, Dorset.
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Northampton DieselClaire Payne Northampton
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VCP Services LTDVince Clamp, Director Pennington, Hampshire.
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Marden Edwards LtdPierre Daniel, Purchasing Manager Wimborne, Dorset.
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Dupli-ServiceRichard Ferns, Business Owner Poole, Dorset.
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Craftwood Banqueting Seating SpecialistsMandy Lofthouse, Finance Director Hurn, Christchurch, Dorset.
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Kings Bench ChambersAlan Conner, Senior Clerk Christchurch, Dorset.
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Mortgage IntelligenceRichard Morgan, Project Manager Bournemouth, Dorset.
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Parkstone Grammar SchoolGavin Glegg, Administrator Poole, Dorset.
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Rowe Financial & Insurance Services LtdBecky Rowe, Director Salisbury, Wiltshire.
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Aim AviationDavid Ward, Finance Director Christchurch, Dorset.
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PP PrintingRichard Oswald Christchurch, Dorset.
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SchlumbergerChristine Herring, Facilities Supervisor Southampton, Hampshire
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Mark Pincott MPA AssociatesMark Pincott Bournemouth, Dorset.
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Parkegate Engineering LtdNeil Winkley, Managing Director Poole, Dorset.
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AMI MarineDavid Ward, Finance Director Southampton, Hampshire.
Connect with Collate
Document Solutions Made Simple
Call: 0800 954 8113
Email us: info@collate.co.uk or click here for other ways to contact us