The Financial Industry Can Accelerate Its Digital Transition

by George Gao, Chief Executive Officer

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As the world goes digital, the financial industry is being forced to undergo change quickly in order to meet customer demands. But it’s an industry that is faced with stringent and difficult regulations when it comes to managing information. So, some financial institutions are turning their attention to our document management software as a solution.

These organizations may find that moving on from old, antiquated systems and adopting smart, new document management solutions can greatly impact their ability to stay competitive and increase output. It helps banks rise above the current document barrage. The sheer number of documents is staggering and in the financial sector, where every process and activity must be documented, those numbers will surely increase.

Innovative Document Technology

In this complicated transition from paper to digital, one of the most useful tools in the process is the Portable Document Format (PDF). PDF is a perfect fit for financial institutions looking to digitize files and store them electronically in order to avoid the enormous space requirements, cumbersome storage and difficulty accessing documents that massive paper files have created.

Our PDF solutions, embedded with intelligence, enable a wide range of capabilities, including document locating and tracking, file update notifications, shared and synchronized reviews, remote file protection, data collection and much more.

Benefits of PDF Technology Integration

The benefits of leveraging innovative PDF technology in financial institutions are vast. From decreasing the size of files, standardizing and making them searchable, to giving customers access to easier forms and statements that they can view anytime, anywhere on any format, organizations are finding many ways to leverage the PDF for themselves and their customers.

As great as all this might sound, the inevitable question becomes how utilizing new digital PDF tools will affect security. As it turns out, digital next-generation PDF solutions have become a security asset for those banks instituting them. These technological improvements embed PDF documents with an identity and connects them in the cloud, allowing government agencies more control over their documents and confidential data—even after a document leaves the premises. Creators can track the usage of their document and security features will follow it no matter where it goes. Because of these improvements, documents become more trackable, controllable and secure.

Thanks for reading.

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