Document Processing Service
Can You Find the Information You Need When You Need It?
Financial firms face high operational costs from the inefficiencies associated with document-intensive processes such as new account opening, account servicing and money movement. Your employees spend too much time sending, filing and searching for documents instead of using information to make faster and better decisions. Then there are the regulatory pressures to improve the quality and transparency of transactions.
- Are you struggling with the high costs, inefficiencies and lack of transparency inherent with document-intensive processes?
- Can you produce an audit trail for regulatory reporting?
- Do you have limited visibility into client actions such as account onboarding?
Make the Invisible Visible with XTRAC
XTRAC Document Processing Service is a suite of document and workflow management services that provide tracking, routing and control across your entire document processing lifecycle. Unlike generic document management solutions, XTRAC provides customized solutions for specific markets, including:
- Registered Investment Advisors (RIAs) - The XTRAC Document Processing Service for RIAs provides a set of core workflows to help RIAs address the high operational costs and inefficiencies associated with document-intensive processes such as new account opening, account servicing, account maintenance, account closing and money movement.
- UK Financial Advisors - The XTRAC Document Processing Service for UK Financial Advisors improves the visibility of end-to-end client processes, leading to improved customer service and the ability to report on the existence of relevant documents ensuring regulatory compliance.