Case Study: Leading Financial Services Firm achieves faster new account setup with DataBank IMX

Leading Financial Services Firm - Customer Case Study

Leading Financial Services Firm, a global company with more than $2 trillion in assets, needed a better way to manage the large volumes of documents required to open new investment accounts. It wanted to reduce the cost, time, and inefficiencies of paper-based processes while improving access to information and operational control.

DataBank IMX implemented a document management and imaging solution with scanners, storage, electronic access, and workflow automation for new account processing. The system helped streamline operations, reduce new account setup and trading preparation time, and deliver a significant profit benefit by speeding time to trade securities.