Iron Mountain InSight Improves Financial Services Organizations’ Information Management For Operational Efficiencies, Cost Savings, And Business Benefits

Whitepaper

Iron Mountain InSight is an information management
and content services platform that supports digital
transformation and modernization efforts at financial
services organizations.

January 10, 20247 mins
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Iron Mountain InSight Improves Financial Services Organizations’ Information Management For Operational Efficiencies, Cost Savings, And Business Benefits

Iron Mountain InSight is an information management and content services platform that supports digital transformation and modernization efforts at financial services organizations. The software-as-a-service (SaaS) platform makes an organization’s physical and digital content accessible on one central, secure system of record for faster searching, clearer understanding, and more effective use of data. With InSight, financial services organizations can realize benefits such as employee efficiency, process automation, revenue generation, and cost savings.

Iron Mountain commissioned Forrester Consulting to interview four representatives and conduct a Total Economic Impact™ (TEI) study to better understand the benefits, costs, and risks associated with Iron Mountain InSight.1 All interviewed decision-makers had experience using InSight. One of the interviewees was a COO at a financial services organization. This abstract will focus on the use of Iron Mountain InSight in the finance sector.

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All of the interviewees noted that their organizations had large amounts of data in various forms prior to using InSight. These were primarily digital and paper files, but their archives also included legacy formats such as microfilm, microfiche, tapes, disks, and CDs. Organizations siloed information management as they relied on disparate systems and manual methods, and they lacked a central solution that brought organization and easy access. These environments resulted in employee inefficiencies, uncertain security standards, and vast data that were costly to retain yet underutilized.

After the investment in InSight, the organizations’ extensive content was more accessible and secure, processes were more efficient and automated, and data was more actionable.