Bank of Cyprus (BoC) extended the centralized i-DOCS Solution into Greece’s banking operations to process and manage all internal close-of-day reports of the subsidiary bank. Like in Cyprus deployment, i-DOCS integrated with Oracle WebCenter Content and Oracle WebLogic application server resulting in great system flexibility, advanced processing capabilities and efficient legal archiving.
The integrated solution is an advanced reports management system that serves both auditors and personnel of the bank with accurate, timely and easy to access information – the system transforms, creates and archives documents from multiple sources and distributes them to their recipients based on their permission access rights. Important functionalities introduced for BoC’s operational/close-of-day reports were the commenting and annotating capabilities per report in total or per line of each report, workflow processes with multiple level approval capabilities, advanced notification features and historical version archives to serve legal purposes. By using i-DOCS Reports Management solution, BoC saved huge amount of time from their branch managers, legal dept. and other authorized executives that needed to daily review, annotate, sign-off, etc. all close-of-day reports. Within the next years BoC will gradually serve all subsidiaries’ operations in centralized implementation mode to achieve great economies of scale.