Financial services
Banking
Accelerate digital transformation. Enhance financial services compliance and gain efficiencies. Ensure protection of information
Contact SalesBusiness as usual is no longer an option
In such a highly regulated, ultra-competitive and rapidly changing industry, it is imperative that you partner with someone who can meet the changing requirements of banks.
The banking industry is continuously evolving due to challenges stemming from regulation, legacy systems, disruptive models and technology, increased competition and a drive for improving the customer experience. As a result, the way your bank identifies, accesses, monitors and protects different types of information has to evolve as well. It is essential that you adapt your bank records retention and internal audit requests, while also ensuring the security of your customer’s information.
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Banking Solutions use cases
Fraud Analytics
Capabilities: Iron Mountain quickly configured a solution to receive the previously imaged checks, capture the required metadata using both automation and manual techniques, and then fed that data back to the customer.
Value prop:
- Met required deadline and completed necessary analysis to inform their fraud system
- Leveraged the Iron Mountain solution for incident management and day-forward monitoring
Backfile imaging for improved access
Capabilities: Iron Mountain partnered with the customer to create and execute a holistic solution to back file highly active images and store, microform and deploy an image on demand solution for the less active files. A day forward plan was put in place for image capture and born digital documents to optimise business processing and enable employee access to information.
Value prop:
- Lowered operating expenses
- Reduced cycle times
- Greater control and visibility into processes
- Optimised spend with day-forward process
- Uniform indexing scheme to manage older documents
HR document inventory management
Capabilities: Iron Mountain created a centralised capture process to ingest Human Resources documents as they are received, validated those documents with the client’s HR database and provided an inventory of the document types along with other attributes to maintain replacement dates.
Value prop:
- Reduced duplicate and ghost files
- Reduced costs for processing incoming documentation
- Greater compliance with up to date paperwork for employees
- 1,400Expansive footprint: more than 1,400 facilities in over 50 countries
- 65Iron Mountain has over 65 years of experience in servicing the needs of banking customers
- 2,5002,500 financial services institutions use Iron Mountain’s solutions and services
Featured banking solutions
Information Governance Advisory services
More than 100 information governance experts are ready to help grow your program with a comprehensive approach
Document scanning and digital storage
Transform your business and centralize your information with digital scanning and storage
Secure Storage
Preserve your important records with highly secure and compliant offsite storage
Secure Shredding Services
Destroy your paper-based records, plastics, and electronic media in a compliant, safe, and cost-effective way
Frequently asked questions
As the banking industry moves ever closer toward the paperless branch model, more and more banks face challenges presented by digital transformation. Here are answers to questions we’re often asked—including how we can help.
How can Iron Mountain help my banking institution prepare for what comes next?
Whether you’re looking to accelerate digital transformation, ensure protection of information, or enhance compliance and gain efficiencies within your bank, partnering with Iron Mountain means building greater business resilience to help you withstand whatever comes next.
How can Iron Mountain help with data management?
Iron Mountain is your trusted partner for strategic cloud data management, throughout the entire data lifecycle. Whether you need to archive, back up, or recover your data, we can recommend a multi-tiered data storage approach to better protect, preserve, and unlock the full value of your information