Business continuity & archive protection
What if your branch burned down tomorrow?
Remember Marie, Aïcha's advisor who became branch manager? Three months after her appointment, her phone rings at 4am.
Galaxy Conseils • Banking & financial institutions sector
"Ma'am, the branch is on fire."
When she arrives on site, firefighters are still battling the flames. No one is hurt, which is what matters most. But looking at the blackened facade, Marie counts what was inside: the files of more than two thousand clients, loan contracts, guarantees, mandates, ten years of archives.
In the hours that follow, the questions pile up, and none have a simple answer. How can clients be served this very morning? How do you know exactly which files were destroyed? How do you answer the insurer, who's asking for an inventory? And how do you explain to the regulator that documents the bank was required to keep no longer exist?
The following weeks are spent rebuilding files, client by client. Advisors spend their days on the phone asking for documents again. Some clients grow frustrated. Others leave.
Among them, Aïcha. Her business was due to pay her employees' salaries the week of the fire, and no one could process her transactions in time.
No bank can guarantee a fire will never happen. But every bank can decide today what a fire would be allowed to cost it tomorrow. A bank that has digitized its archives, organized them, and keeps them in a secure cloud, with automatic backups, no longer bets its memory on how sturdy a building is. Its documents live elsewhere, intact, and accessible from anywhere.
| 1 6am |
2 8am |
3 Morning |
4 Insurer & regulator |
At 6am, Marie opens her laptop at home and logs into M-Files. Every banking file is there: account openings, contracts, ID documents, supporting records, correspondence, mandates. Continuously backed up in the cloud, they were never inside the branch.
At 8am, her team sets up at the neighboring branch. Every advisor finds their files and ongoing tasks exactly where they left them.
During the morning, clients are notified and redirected to the neighboring branch. Operations resume.
For the insurer and the regulator, Marie can demonstrate that the archives are intact and that retention obligations are met.
That same day, Aïcha's company payroll is processed as planned. Her employees are paid on time. Aïcha hears about the fire on the radio, and calls Marie to offer her support.
Total protection. Your archives are protected against fire and other disasters.
Automatic backup. Your documents are continuously backed up in the cloud, securely, with no one having to think about it.
Access anytime. You access your archives from anywhere, at any time, from another branch or from home.
Guaranteed continuity. Your operations continue without interruption, whatever the circumstances.
A traditional backup lets you recover files, at best, after hours or days of restoration. With M-Files hosted in the cloud, there's nothing to restore: files are always available, organized, linked to their clients, with their approval workflows and full history.
On the day of a disaster, teams don't work in degraded mode: they work normally, just from a different place.
Fire, flood, theft: the risks change, but the response stays the same. The bank's memory no longer depends on a building.
Ask yourself the question in this article's title, with your leadership team:
"If our branch burned down tonight, how long would it take us to serve our clients again? And what would we lose for good?"
If the answer is counted in weeks, it's time to act, before the question becomes real.
We help banks and financial institutions protect their archives and guarantee their business continuity with M-Files, starting from their real-world organization.
Galaxy Conseils: innovation at the service of your performance.
Contracts, leave, performance reviews, mandatory training: is your employees' file complete? Discover how M-Files brings the whole HR file together in one place, confidential and traceable.
Read more
Where does each account opening stand? Received, under review, in approval, open? Discover how M-Files gives real-time visibility over every file, at every step.
Read more
How many files in your bank are waiting for approval right now, and for how long? Discover how M-Files gives full visibility over pending approvals and automates workflows.
Read moreContact us to learn more about our news and upcoming events.
Our offers, news and document management tips, straight to your inbox. One e-mail a month at most.
Unsubscribe in one click at any time. Privacy policy
Check your inbox
We've sent you a confirmation link. Click it to complete your sign-up.
Comments
No comments yet. Be the first to react!