Solutions for the Finance Industry
Even in the digital age, the banking and finance industry generates an enormous amount of paperwork every day. Many institutions feel pressured to find vendors promising quick results for financial record keeping solutions, but regret the choice when poor storage practices and lax security leads to lost or stolen records. Enter Ripcord, which offers the best records management service in the business, including next-generation tools to revolutionize any organization’s record keeping.
Ripcord allows you to easily customize retention policies that automatically archive records or notify you when they’re cleared for disposition. With SSO/LDAP integration, you can establish document access controls and permissions tied to individual identities or based on the roles and titles within your organization. All records in Ripcord are digitally certified and include chain-of-custody data to assure their authenticity. And with the system’s analytics reports, you can accurately measure (and then improve) your adherence to corporate compliance policies.
Loan and Trust Records Management
Lending and trust activities require the creation of complex records packages that require a huge financial record keeping effort to manage manually. Ripcord’s AI-enabled smart digitization service “learns” an organization’s data requirements to automatically classify records based on their content.
Ripcord’s smart digitization service uses robots, which are inherently more secure than people, to quickly digitize paper records and AI-enabled software to centralize and auto-categorize them so they can be easily searched and retrieved. Security is enforced platform-wide, with end-to-end encryption, SSO/LDAP integration, and role-based access controls for easy permissioning.