PRINT IN FINANCIAL SERVICES
transactions and electronic signatures, reducing the reliance on printed contracts and forms. “Compliance with industry regulations and security standards will remain a top priority, influencing printing and document management strategies.” Stuart adds that while there will always be a need for print in this sector, print has to adapt to accommodate the way that the sector is changing without compromising security or ease of use. “Hybrid working is now an established model across many industries. “The print security challenge for financial services is compounded because of the sensitivity of the data and information it holds. Data leaks – whether electronic or physical – carry serious consequences for the sector. That’s why it is imperative that that print is flexible and robust enough to accommodate the specific needs of the hybrid model. The hybrid model should also see print volumes fall in office locations which, as well as saving costs and reducing environmental footprint, should put less wear and tear on print devices, prolonging their working life.” Rowan adds that data protection and cybersecurity will become an increasingly vital component for businesses across all industries. “However, remaining vigilant and investing in robust and up-to-date cybersecurity solutions will help protect businesses against complex and ever- evolving cyberattacks,” he says. In addition, automation across print and business processes has the potential to transform how business is done – streamlining manual processes, giving employees time back for creative and strategic tasks, to agility and teamwork are essential for your organisation to remain competitive,” says Rowan. “Now that hybrid working is firmly here to stay, the transition to cloud technology is the next step in further supporting employees from remote and office locations. “Through implementing cloud software solutions, businesses can enhance the capabilities of their print devices and securely connect mobile devices to carry out tasks from phones and tablets, thereby boosting productivity and remote collaboration. “As the use of emerging technologies, like AI, becomes increasingly prevalent in day-to- day business functions, organisations must protect sensitive data while enabling flexible work styles.” reducing costs and carbon emissions. “As workstyles evolve, digitalisation,
technologies and practices in the printing and document management industry to offer the most relevant solutions,” he says. “As this becomes a more significant consideration for financial services, resellers that embrace and promote eco-friendly solutions are likely to be more competitive and align better with their customers’ values and goals. These include: MPS solutions that help reduce paper waste, optimise printing resources and minimise energy consumption; printers and related equipment that are energy efficient and offering financial institutions the chance to transition to digital processes, reducing the need for physical printing and paper usage.” Future The financial services sector’s print needs are likely to continue to evolve as the industry adapts to the realities of hybrid working and digital transformation, Trevor says. “Print technology providers are developing solutions tailored to hybrid work environments, allowing for seamless printing from office and remote locations. “The finance sector will accelerate its efforts to digitise documents and workflows and the industry will shift further towards paperless
Trevor Maloney product marketing manager
kyoceradocument solutions.co.uk
Through implementing cloud software solutions, businesses can enhance the “
capabilities of their print devices, and
securely connect mobile devices...
”
printinthechannel.co.uk
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