Sharing of financial information is a common practice between employees, departments, customers and other institutions. Coupled with the current evolution in technology, sharing sensitive customer data and information have been made easier. The data can be sent via emails, stored on the cloud, shared around the company network and using custom made applications. All these scenarios expose data to intruders who might intercept or access the data illegally and thus posing a risk to customer’s data.
Why you need to ditch the old system
Currently, majority of financial institutions use on premise systems. These systems are not productive especially when working remotely and communicating with outside clients and customers. Also, these systems do not provide an easy platform for sharing information and information access. These systems further rely on email as the only means of communication. Email is insecure when sharing sensitive data, it is not easy to share and manage documents over a long period. On top of these. It does not allow collaboration and sending of large volume of data leading to low productivity.
Enhance information safety with Information Rights Management
689Cloud uses IRM systems to help your organization secure customer data and information. Our IRM system guarantees data security whether stored or when in transit. The system further secures data when being accessed by various devices which include tablets, computers and mobile devices. Our technology facilitates application of granular usage permissions (edit, copy and view among others) to a particular file at any time on any location.
The system further facilitates real-time tracking of information through audit trails to comply with the current set regulations. These enhances efficiency when monitoring employees in the organization and partners when accessing data providing 24/7 secure environment.