Bank of Thailand standardises on Autonomy’s records management solution

5th April 2009

Autonomy Corporation says that the Bank of Thailand has selected its Record Management solutions as an instrumental part of the Bank’s business strategy to improve operational efficiency. The company says that by implementing Autonomy Records Management across the organization, Bank of Thailand can ensure all documents and electronic files are managed in a secure and reliable environment as well as made available for seamless collaboration and retrieval.

Bank of Thailand is the nation’s central banking institution and is responsible for all banking functions in the nation, including implementing the country’s monetary polices, providing facilities for financial institutions, and printing and issuing bank notes and security documents. Recently, Bank of Thailand was tasked with protecting institutions and citizens from the effects of the economic crisis and ensuring governance and transparency into the organization.

To improve both governance and visibility, Bank of Thailand required an electronic records management solution that was secure, reliable, and compliant with global EDRM requirements, including Model Requirements for the Management of Electronic Records (MoReq), a pan-European Records Management standard, DOD 5015.2, and the audit requirements of regulatory agencies. Bank of Thailand also required seamless connectivity with frequently used applications, including Microsoft Office, Microsoft Exchange, Microsoft Office SharePoint Server, and Microsoft Active Directory.

Autonomy says that its solution not only ensures regulatory compliance, but enables Bank of Thailand to control and access structured, semi-structured, and unstructured content on a single, centrally managed system. Bank of Thailand also benefits from transparent collaboration, version control, retention management and automated workflow processes, as well as the ability to retrieve contents easily.

“We are extremely thrilled to enable such a highly-respected organization like Bank of Thailand to meet growing regulations and reiterate its status as a world-leading financial institution. We are equally delighted to be given the opportunity to expand Autonomy solutions in the Thai market and strengthen our global presence,” said Mike Lynch, CEO of Autonomy.