The Benefits of Video Conferencing and Collaboration in the Finance and Banking Sectors

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Story by Ian Carter

In the finance industry businesses are constantly battling with the challenge of providing high quality service to clients and increasing productivity without an increase in overheads.

Companies in the sector need to make quick decisions, and respond instantly to market fluctuations, whilst remaining in line with ever changing financial policies and regulations from around the globe. All of this has to happen without affecting customer loyalty and service, and maintaining the image of stability. If confidence is lost in a finance company the company is lost.

It is no surprise therefore, that financial CIOs across the world are in consensus that video conferencing has been of immense benefit to the industry. Video conferencing has broken down geographical barriers, improved decision-making processes at board level, facilitated multi-location training, and so much more.

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