Now more than ever, financial institutions must improve their record-keeping and data management systems to ensure systemic failures don’t continue.
In recent years, we’ve seen some financial services companies lack the record-keeping rigour to easily produce records of how decisions support the best interests of the customer. RecordPoint helps you understand all your data, even data within licensee systems, so you can make better data-driven decisions.
Financial Services are highly regulated, so the more you minimize risk the easier it is to avoid significant penalties and reputational damage. Once you have a continuous data inventory and categorization process in place with RecordPoint, you can make better decisions on data migration, minimization, and privacy.
Our unique manage-in-place architecture reduces the recordkeeping burden on end users. Combined with our AI and ML capabilities for automated classification and Personally Identifiable Information (PII) signaling, RecordPoint helps drive operational efficiencies across your financial services business.
Our expert teams in the United States, the United Kingdom and Australia are well versed in the legislative obligations, policy requirements, or best practice to help you manage the regulatory obligations of your agency.
Europe & United Kingdom
Recently adopting the RecordPoint platform BNZ has benefited from improved data classification, management, and retention capabilities across an array of systems and information platforms. This will improve the organization’s compliance and privacy posture while driving enhanced productivity and collaboration capabilities for all staff.
What does the NYC records commissioner think about AI?
AI brings greater accuracy for records managers, according to Pauline Toole, NYC Department of Records commissioner. Read more insights based on her appearance on FILED
Can ChatGPT and other large language models streamline records management?
Large language models like ChatGPT hold enormous promise for records management, streamlining records management tasks like text classification and making it easier to ensure compliance