Fintech – Transforming Financial Services
Fintech companies create technology-driven products to enhance the customer experience and engagement with financial institutions.
Fintech is challenging traditional financial services businesses everywhere. Investments in Fintech are reinventing everything from payments and money management to lending and financial planning.
But Fintech is not immune to the documentation challenges facing traditional financial services firms – ensuring regulatory compliance and providing the best customer experience demands an innovative approach to managing all your documentation.
The WordFlow Solution
AThrough our unique document- to-web conversion and enrichment products and services, we enable Fintech organisations to:
• Gather, convert and distil content from multiple systems
• Link it to related information, enrich with tagging, glossaries, tool tips and translation, and
• Present it as mobile enabled web pages.
WordFlow is disrupting the way documents are managed in the world of Fintech.
“By 2020 regulations could reach the equivalent of three Eiffel Towers in height. Brexit and Trump are expected to only add to the total compliance headache for the banks across the globe.”
Forbes Dec 1 2016
Regtech addresses regulatory challenges in the financial services sector through innovative technology, helping financial services businesses comply with regulations as efficiently and inexpensively as possible. As the volume of financial regulation continues to.
Most Regtech firms are focussed on data analytics tools needed to comply with the regulatory bodies.
But compliance isn’t just about transaction and financial risk. Operational risk is equally important.
Mitigating Operational risk – the risk of loss resulting from failed internal processes and systems – demands a disciplined and coordinated approach to managing information flows within organisations.
In most financial institutions, compliance documentation is created in silos, presented as PDFs and stored in multiple repositories. Content is buried in documents that are not web accessible or searchable.
The result – no 360 degree view of risks to the business
The WordFlow Regtech Solution
WordFlow Regtech solutions address Operational Risk through ensuring documentation – regulations, compliance handbooks policies and procedures – is accessible right across the organisation. WordFlow enables financial institutions to increase efficiency, lower costs and ensure compliance.
Automatically transforms Word and PDF documents into lightweight web and mobile optimised webpages
Audit and Filter
Audit and filter repositories to extract vital information from superfluous data
Aggregate content from multiple repositories and divisional silos and standardise into web format
Cross reference all policy and product documentation with related regulations and legislation
Creates and applies a standardised classification structure across all documents
Web – enable
Web enable all desktop formatted documentation and optimise for mobile