Banking

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Our focus is on information lifecycle management—and you

What data records do I have and what's valuable?

We use information governance, as well as file analysis and classification, to advise and discover unstructured dark data with data mining tools. Reviewing currently defined retention schedules also allows us to identify data that is redundant, obsolete, or trivial (ROT), as well as opportunities for deduplication.

How do I get it into digital form?

Think of our approach to imaging (scanning and automation) and destruction (secure shredding) as an investment in your digital future. We’ll work with you to receive and retrieve documents via a chain of custody process, and destroy physical copies where applicable.

How do I extract meaning and value?

Ingesting data via intelligent document processing with Iron Mountain’s InSight® protocol is essential to classifying documents and initiating a workflow automation process to align with your business needs.

How do I ensure compliance?

Compliance is critical when it comes to banking and financial records. Through mindful content management, storage, and governance, we’ll assist with retention policy application and review through our Policy Center solution. We also offer auditable logging for proof of authorized destruction.

How can I keep costs down?

If it’s long-term data storage you seek, we’ll help identify frequently used (and infrequently) retrieved documents. Iron Mountain’s Iron Cloud solution and our cloud partners are additional ways to help your bottom line.

75%
Reduction in money laundering case resolution times through AI
$270 billion
Yearly cost for banks to meet compliance
Attivio
46/50
We work with 46 of the top 50 US banks
2,500
Of top financial services institutions choose us
International Banker

Everybody jumped on the digital bandwagon 10 years ago and nobody thought about purging.

Amy KeithPhysical Security Officer and Business Continuity Plan Manager, Purdue Federal

People in the financial services industry love their paper and hate to get rid of it…. Policy center was an immense weight off our shoulders in trying to map the documents to the citations. There is no way the internal group could have gotten it done on their own.

Johanna DowneyCompliance Officer, Purdue Federal

We have what I think is a fascinating collection, because it combines state records, as well as private manuscripts, along with the largest book collection about Tennessee and things related to Tennessee found anywhere. To be able to take what we had and move to where we are now is such a huge step forward.

Amy KeithPhysical Security Officer and Business Continuity Plan Manager, Purdue Federal