Leave paper behind with modern banking solutions from Iron Mountain

Financial services


Digitize your banking operations

Customers have moved past paper and they expect their banks to keep up. But many banks are still stuck using a mix of paper and electronic information to manage operations. Finding a strategy to digitize the way you work and operate can be daunting. We get you there by turning paper-based processes into seamless digital solutions. Our use of cloud-based technology and artificial intelligence (AI) to manage both physical and digital records ensures a stress-free transition to paperless banking. Explore how we’ve helped clients streamline their banking operations—while reducing costs and keeping customers secure.

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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

  • 46/50

    We work with 46 of the top 50 US banks

  • 2,500

    Of top financial services institutions choose us

    International Banker
Why work with Iron Mountain?

Why Iron Mountain?

We have the experience and expertise to streamline your business while keeping your customers data safe and secure. We are especially proud to partner with banking institutions like yours. Together, we elevate the power of your work.

About Us
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

Frequently asked questions   

As the banking industry moves ever closer toward the paperless branch model, more and more banks face challenges presented by digital transformation. Here are answers to questions we’re often asked—including how we can help.

How can Iron Mountain help my banking institution prepare for what comes next?

Whether you’re looking to accelerate digital transformation, ensure protection of information, or enhance compliance and gain efficiencies within your bank, partnering with Iron Mountain means building greater business resilience to help you withstand whatever comes next.

How can Iron Mountain help with data management?

Iron Mountain is your trusted partner for strategic cloud data management, throughout the entire data lifecycle. Whether you need to archive, back up, or recover your data, we can recommend a multi-tiered data storage approach to better protect, preserve, and unlock the full value of your information

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