Financial institutions are under obligation to keep on record all documents used in a service acquisition, product purchase or execution order transmission from the client. This obligation arises from the vast legislation issued by the regulating and supervising entities.

Despite progress in reducing the amount of paper circulating within financial institutions, there is still a significant volume, making it operationally difficult to manage.

SoftFinança’s solution in the Document Management and Workflow area will allow organizations to be more efficient and effective in their business processes, based on the fact that their archives are better organized for quicker and easier consultation. Companies will also be able to reduce costs, mitigate operational risk and make faster decisions, due to the fact that the supporting documents to a given process are circulating digitally through the workflow tool.