In today’s digital world, paper documents are an obstacle to doing business. Financial institutions need solutions that offer bank-level security, regulatory compliance, operational efficiency, and a positive end-user experience. Learn more at: http://bit.ly/1oq6urZ
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Why Should The Financial Services Industry Go Digital?
1. £126.9 billion
in GVA
Financial and insurance services contributed
£126.9 billion in gross value added to the UK
economy - 8.0% of the UK’s total GVA (1)
SMS and MMS
messages are sent on
average per person
per month (4)
117
International firms own businesses in
UK financial services (3)
+1,0001.1 million people
Employed in the Financial Services
industry (2)
HOW IS MOBILE CONSUMPTION IN THE FINANCIAL
SERVICES INDUSTRY EVOLVING?
WHAT ARE THE CONSEQUENCES OF PAPER PROCESSES?
DocuSign saves banks
between £10 and £38
for every "envelope" that
is digitally sent
50% cost reduction
associated with electronic
contracts compared to
paper contracts
+225,000
companies
+85M
USERS
188
countries
43
languages
85,000 new users
added every day!
of the Fortune 500
have used DocuSign90%
of adults personally
own/use a mobile
phone in the UK (4)
93%
of paper and cardboard consumed
in 2014 (7)
9.3 million tonnes
45 sheets
of paper is used on average per
office worker per day, of which
over half is considered waste (8)
of all documents are lost (9)
7.5%
of all documents are misfiled (9)
3.5%
WHY SHOULD THE FINANCIAL
SERVICES INDUSTRY GO DIGITAL?
of processes are interrupted by
the need to collect a physical
signature, adding on average 3.1
days to most processes (10)
42%
of UK financial services are printing
documents just to get them signed (10)
90%
22.9 million
banking apps downloaded
(6)
WWW.DOCUSIGN.CO.UK
895 million
times customers will
use mobile devices to
check their current
accounts.
Up to 2.3 billion
times by 2020 (5)
Reduce Costs Save Time
Digital Transaction Management is currently a £300 million market and will
grow to 20 billion by YE 2020
Ranked #1 by Analysts
(DocuSign garners number one
rankings from leading analysts:
Gartner, Forrester, Aragon
Research, Ombud, among
others)
WHAT ARE THE BENEFITS OF A DIGITAL PROCESS?
WHY SHOULD YOU USE DOCUSIGN?
50% of DocuSign
documents
are completed within
2 hours
DocuSign is trusted by hundreds of financial institutions, including the largest
banking and insurance companies
Sources: (1) 'Financial Services: contribution to the UK economy' - UK Parliament. (2) 'Total tax contribution of UK financial services seventh edition' - The City of London
Corporation. (3) 'UK Financial Services Industry Annual Review 2014' - IMAS. (4) 'Independent regulator and competition authority for the UK communications industries,
Facts & Figures' - OFCOM. (5) 'Mobile phone apps become the UK’s number one way to bank' - The BBA. (6) 'The Way We Bank Now: World of change' - The BBA. (7)
'CPI Industry Facts' - Paper Org. (8) 'Green Office Guide' - WRAP. (9) PWC. (10) YouGov.