Newgen Implements Solution for Improving Operational Efficiencies and Service Levels, at Marfin Laiki Bank
Summary
McLean, VA, September 09, 2011 --( Newgen’s solution comprising OmniFlow, OmniDocs and OmniScan is expected to meet the Bank’s entire document processing needs, ensure faster Turn Around Time (TAT), reduce operational costs, enhance customer satisfaction and increase revenue.Marfin Popular Banks strategic objective is to become a leading player in the field of financial services while at the same time achieving high returns for shareholders.Presently, the Bank is operating in 11 countries: Cyprus, Greece, United Kingdom, Australia, Ukraine, Russia, Romania, Serbia, Estonia, Malta and Gurnsey.Newgen with its vast experience in the finance and banking industry has been the ideal partner for us in realizing these initiatives, as it offered us a complete, comprehensive and mature set of tools and technologies that simply make things happen,” commented Mr. Solonas Matsias, Group Director Organisation, Marfin Laiki Bank.“We have implemented 7 processes within 18 months and the document management solution serves in 3 different countries.It offers services to private individuals, corporate and commercial banking, Private Banking, Treasury, Electronic Banking, Factoring, Financing and Leasing, International Banking Services, Shipping Services, Insurance Services, Stock broking and Capital Management.About Newgen:Newgen Software Technologies Limited is the market leader in Business Process Management (BPM) and Enterprise Content management (ECM), with a global footprint of 800 installations in over 40 countries with large, mission-critical solutions deployed at the worlds leading Banks, Insurance firms, BPO’s, Healthcare Organizations, Government, Telecom Companies & Shared Service Centers.Newgen is recognized by distinguished analyst firms like Frost and Sullivan as A "Hot Company to Watch for" in their global ECM Market report, 2009 and by IDC in its exclusive report “Newgen Software: Global Leader in Business Process Management and Document Management Solutions.” Newgen is a winner of prestigious awards, such as the CNBC-TV18, “Emerging India Award 2008.”With HSBC and SAP investment, Newgen is one of the rare product companies to have backing of both leading financial and technology companies of the world.