Financial Services

Compliance can be a real headache for insurance brokers. Audits are frequent and comprehensive and could take days to complete, flagging up process discrepancies along the way.


In order to maintain compliance, significant data must be retained, and clear audit trails recorded in case of dispute.

Many insurers keep documentation indefinitely to ensure compliance. However, this frequently comes at a cost - financial in terms of storage costs and rents and in time with the detrimental effects on efficiency that this brings. In particular, the ability to quickly source information and documents is often impacted, especially where filing is archived off site.

Stringent compliance to FSA regulations does not necessarily mean a paper mountain - a fact confirmed by the volumes of email correspondence requiring tracking too. Traceability of all client transactions is needed whatever the format. EBC Document Management gives security, version control and auditability without sacrificing the ability to find information rapidly.

Administration overheads can be slashed by the ability to rapidly find documents, especially when integrated with Misys and other systems. The easy to use, intuitive interface means working with your documents becomes a natural part of the way you work, streamlining tasks and freeing up valuable resources.

EBC Workflow and automation options give greater efficiency options for frequently repeated tasks.