Paligo for the Finance Industry

Financial institutions are often tasked with managing a wide array of content that spans across different departments, including financial statements, compliance information, risk assessments and more. Paligo helps financial institutions lower operating costs and maintain compliance with strict regulatory requirements.

Structured authoring uses a predefined structure to organize and store content. Due to this structure, content is easily accessible and available for reuse in multiple publications, making it ideal for large organizations with complex content needs. A structured authoring approach improves content quality, increases efficiency, and reduces costs. This approach is greatly beneficial in the financial sector, making it much easier to maintain and update regulatory and supervisory policies.

Paligo’s powerful structure and semantic tagging capabilities enable and simplify the process of content reuse, increasing consistency, accuracy, and efficiency in your documentation. Use XML components to create new variables and taxonomies that are searchable. This allows you to quickly find the information you’re looking for so you can reuse your documentation’s most important content.

Financial institutions meet a wide range of continuously changing regulatory requirements. With all of your information located in a single source of truth, CCMS-managed content can be easily repurposed and adapted to different business needs. If you want to adjust or remove content, it will update everywhere it is reused in Paligo. So you can be confident that you have the latest information when working in the system.

Versioning features make it easy for writers to track and manage their revisions, making sure only current and accurate information is used. This is especially important in the financial sector, where even small errors can have significant consequences. You can view a topic’s history, roll back to previous revisions, and compare them. Also, reviewing how a component has gradually changed helps you to make more accurate decisions about future plans, or changes to company strategy.

Using a CCMS can also help financial institutions meet their compliance obligations. By providing a clear audit trail and supporting the management of workflows, a CCMS can help confirm that finance organizations are adhering to all relevant regulations. Tracking changes over time also helps identify opportunities to improve documentation and procedures, making certain they are always in line with current standards and best practices. This further reduces the risk of non-compliance.