Banks are obliged to apprise their customers of opportunities and risks associated with a transaction and determine its suitability in compliance with regulatory requirements. To this end, they must draft documents explaining the opportunities, risks, and how the transaction works. Of course such documents must also comply with regulations and should therefore be standardized. Product information bulletins (PIBs) are among these key documents. Essential to every sales pitch, their content has to be accurate for you to make a persuasive presentation. Drafting these documents manually is error-prone and unproductive. LPA’s document management application enables you to develop standardized documents and keep on top of your business collateral. And that leaves you more time to devote the essentials - your customers
Generating rather than drafting documents –
that’s what making your points means to you.