Santander Private Banking Selects Document Sciences for Financial Statements

Santander Private Banking, the international wealth management unit of the ninth largest bank in the world, has chosen our xPression® statements solution, which includes the new xPresso™ design component, to automate the creation and production of its consolidated financial statements. Using xPresso, Santander Private Banking expects to speed overall efficiency, significantly improve the content and the quality of statements, and reduce the costs of maintaining and evolving these statements.

Santander Private Banking, a unit of Grupo Santander (SAN.MC, STD.N), needed a consolidated financial statements solution. xPression’s standard-based architecture and xPresso’s ease-of-use design features were key drivers for Santander Private Banking’s selection. xPression’s service-oriented architecture based on Java, XML standards and Web Services will enable Santander Private Banking to integrate their statements production with other systems and workflows they currently have in place. Additionally, xPresso’s use of Adobe® InDesign® will provide a state-of-the-art design interface that they are already familiar with, rather than a proprietary tool used for a single purpose. more

"Organizations are increasingly looking for new approaches to reach their customers and prospects through personalized customer communications. But reality is that many of the available options are based on proprietary tools and manual processes, and also lack the scalability required for high volume production," explains Dan Fregeau, Executive Vice President of Document Sciences. "xPresso is a straightforward easy to use tool for creating targeted customer communications both in real time and high volume, while at the same time providing a sophisticated, open architecture that enables high performance and integration with enterprise content management systems." more

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