CIGNEX Datamatics Confidential www.cignex.com Open Source Enterprise Integrated Document Capture (EIDC) and ECM Solution for Financial Sector Version/Date: Nov’15 Om Prakash Mishra [email protected]ECM Expert at CIGNEX Datamatics Michael Smith [email protected]Senior Account Manager at Ephesoft
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Open Source Enterprise Integrated Document Capture (EIDC) and ECM solution for Financial Sector
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CIGNEX Datamatics Confidential www.cignex.com
Open Source Enterprise Integrated Document Capture (EIDC) and ECM Solution for Financial Sector
Trends Hybrid ECM Solutions Content Application Integration with Business Applications Mobility Governance
Challenges Overflowing File Servers Difficult to Find Content Risk of Information Leaks Information Silos across Solutions
Priorities Risk Management Process Transformation User Engagement Content Analytics
Source: 1) The Future of Enterprise Content Management : Five ECM Trends in 2014 by IDC 2) From InfoChaos to Information Opportunity - AIIM14 Report
CIGNEX Datamatics Confidential www.cignex.com 5
ECM Should Support
Multi-Channel Business Solutions Collaboration
Enterprise Search Scalable Storage Digitization
Security Non-Functional
Unified, Organized Content Store
Support
Performance, Speed,
Multi-User, Global
Search, Google-like,
Retrieve, Multi-Source
Approval, Notification,
Push-Pull, Conversion,
Grouping, Authoring
DM, Contracts, DAM,
WCM, BPM, RM, LMS,
Integration etc..
Paper, Electronic
Security, Role-based
Access, Encryption
Consolidation,
Support,
Maintenance
Data/Content,
Versioning, Classification
Storage, Disk, Volume,
Archival, Backup, Retention
User Experience, Anywhere, Any Device
CIGNEX Datamatics Confidential www.cignex.com
Web 2.0 Enterprise 2.0
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ECM Lifecycle - Landscape of Engagement
Store
Workflow, BPM
Collaboration Document Management
Web Content Manage ment
Records Management
Manage
Preserve
Deliver Capture
Store
Workflow, BPM
Collaboration Document Management
Web Content Management
Records Management
Capture Deliver
Manage
Preserve
Social Business
Multi-Channel Publishing
Multi-device Mobility
Cloud, SaaS &
Ubiquitous
Enterprise Search
Analytics (BigData, BI)
Automation Auto-
Classification
Enterprise Content Management (ECM)
CIGNEX Datamatics Confidential www.cignex.com 7
Alfresco – Open Source ECM
What is Alfresco?
Alfresco is the open-platform for business-critical content management and collaboration that allows you to work anywhere, on any device, with your choice of apps
business critical content platform
tablet & mobile workplace
open standard API for content apps
in the cloud multi-tenant SaaS
on-premise full ECM platform
or both enterprise cloud sync
CIGNEX Datamatics Confidential www.cignex.com
Enterprise Integrated Document Capture (EIDC)
Ephesoft & Alfresco Integration Solution
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CIGNEX Datamatics Confidential www.cignex.com
• The Document Dependency
– Financial, Insurance and Banking industry relies heavily on documents
save up to 90% on Total Cost of Ownership (TCO) with Alfresco + Ephesoft EIDC
* All figures for Document Capture are approximation of License Cost only based on Market Trends and for enterprise setup
7580859095
ProprietarySolution
Provider 1
ProprietarySolution
Provider 3
ProprietarySolution
Provider 2
Cost Saving
Cost Saving
CIGNEX Datamatics Confidential www.cignex.com 14
Open Source Solutions in Banking, Financial Sector and Insurance
(BFSI)
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Document Capture Solution Dynamics
Challenges Increase Automation Value Speed Cost Saving
Priorities Improve Collaboration Cloud Ready Mobile Automated Classification
Trends Advanced Data Extraction Consolidation of Document Capture and ECM Distributed Capture Digital Mailroom
CIGNEX Datamatics Confidential www.cignex.com
Ephesoft Extracting Meaning from Unstructured Content
The leading innovator of advanced capture and unstructured document data discovery technologies on premise, in the cloud and
on mobile devices
Our Heritage Company Facts
• Founded in 2010 • Based in Southern California • Laguna Hills, London, Rome, India • Investors include Fujitsu • CAGR over 100% • #418 on 2015 Inc. 500
• Veterans in Capture space • Operations genealogy
• First mortgage classification project
• Bring innovation to stagnant industry
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CIGNEX Datamatics Confidential www.cignex.com
Ephesoft provides automation at ingestion, reducing the time needed to review documents, extracting key data to further automate business processes, and reduces the time to process those documents.
• Increased worker productivity by 700% • Reduced processing time by 67% • Accuracy rate of over 90% • Increased capacity to win business without
adding headcount
• Implemented in less than 3 months • Saved 100s of hours of employee time • Improved invoice accuracy • Eliminated manual data entry