Board Management Solution for Banks
Conventional paper-based methods of meeting management are no longer effective in today's tech-driven banking landscape. The reliance on papers for meeting minutes and agenda items, and their physical distribution is all outdated. Besides, the cost implications of all board members traveling for board meetings are too high as well. The enhanced scrutiny faced by banks amidst evolving regulatory requirements, cybersecurity concerns, and economic fluctuations further necessitates a modernized governance approach.
Modernize your governance practices and come at par with the digital world with Diskus!
How Diskus Facilitates Banks
- Provides secure and real-time access to confidential board materials.
- Saves board members' and administrators' time by providing tools for meeting scheduling, agenda creation and distribution, minutes management, and action item tracking.
- Improves communication among banking boards and leadership teams with instant secure messaging and free conference call features, reducing the need for lengthy emails or in-person meetings.
- It offers a digital signature tool to authenticate bank documents with just a few clicks and makes it legally binding without hassle.
- Automates compliance and governance practices, eliminating the risk of non-compliance and expensive penalties.
- Archives bank meeting materials in secure data rooms for easy accessibility that board members can access anywhere, anytime — eliminating the need for making physical copies of extensive bank files.
- Ensures effective Quorum management to help banks meet the stringent regulatory meeting attendance requirements.
- Facilitates quick and informed decision-making, ensuring that banks stay competitive and at par with market volatility for timely and informed decisions.