Financial Services The Financial Services Industry is now more complex than ever. With the need for stronger Regulatory Compliance, Faster and Smarter Decision making, and integration of the myriad of line of business systems, the importance of the way IT is used within an organization can be the difference in winning a competitive edge or falling behind competitors.
We, at Gig Werks, have worked with a number of Financial Services clients and understand the unique needs that face the Financial Services Industry. With Gig Werks and SharePoint you can bring all phases of your business to one central hub that will allow for organization compliance, better business intelligence, line of business systems integration, and more. Some details are below.
SharePoint can improve efficiency, help reduce costs, and improve consistency in an organization’s compliance efforts by enabling:
- Compliance Teams: Share a single electronic library of policy and compliance elements which is globally accessible and integrated with familiar Microsoft Office-based tools.
- Compliance Data Managers: Maintain one set of data and apply intelligent filtering to meet the variable and diverse needs of the compliance process.
- Project Management: Light-weight out-of-the-box project management tools let compliance personnel quickly and easily assign tasks, workflows and view status of specific compliance initiatives.
- RSS Feeds: Capture and push content from governing body Websites such as GAAP, FASB, SEC, and IRS, ensuring managers receive relevant content as it is published, without seeking it out.
A SharePoint-Based Finance Portal offers:
- Enhanced Security Website delivers sensitive data and target information to specific audiences or groups, without the need to create new reports or duplicate data sets – the system ensures employees, shareholders, clients, and partners see a view into the data that is appropriate for them.
- Self-service budgeting opportunities that enforce standard data definitions and Chart of Accounts and enable data rollup into management dashboard views. Key performance indicators and email alerts assist executives in managing critical issues. Centralized publication and records management policies associated with the stewardship of financial records and reports drive discipline into financial information management.
- Standard, consistent data usage, forms services and workflow tools combine to support complex report development and rigorous fiscal calendars.
To learn more about what Gig Werks and SharePoint can do for your Financial Services organization Contact Us today.
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