Why is Enterprise Content Management essential in financial services?
Today, global financial institutions have to solve the “information dilemma” of properly collecting, storing, and deleting vast amounts of customer data in accordance with increasing regulation.
What’s needed? An ECM solution built from the ground up for financial services firms, integrating legacy systems and scattered data sources to provide a central system of record and vital compliance too.
![Centralization Icon](https://mitratech.com/wp-content/uploads/Centralization-Icon.jpg)
The benefits of ECM?
![icons_solutionsdetail_datastore single source of truth](https://mitratech.com/wp-content/uploads/icons_solutionsdetail_datastore.png)
Enjoy a single source of truth
Unite disparate systems and data sources into a central, reliable resource.
![icons_solutionsdetail_moneyu Save in external legal spend](https://mitratech.com/wp-content/uploads/icons_solutionsdetail_moneyu.png)
Streamline business processes
Automate and streamline the capture, processing, retrieval, and deletion of business-critical content
![icons_solutionsdetail_risk mitigate risks](https://mitratech.com/wp-content/uploads/icons_solutionsdetail_risk.png)
Resolve your ‘Information Dilemma’
Store and preserve data, as well as remove it, in compliance with legal and regulatory guidelines for superior Information Governance.
![icons_solutionsdetail_check Regulatory change management](https://mitratech.com/wp-content/uploads/icons_solutionsdetail_check.png)
Modern application layer
Unify siloed information by tying disparate legacy systems together in a single modern and usable content management platform.
The solution? Enterprise Content Management
![DataStore DataStore](https://mitratech.com/wp-content/uploads/icon-datastore-120x100.png)
An ECM solution like DataStore is designed from the ground up for financial services users, providing complete control over the capture, indexing, archiving, retrieval, accessibility, delivery and retention of every item of business-critical information in an organization, via a secure central repository.