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Kofax - Making Money and Saving Money

About Kofax

Optimising document driven business processes with enterprise capture.


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ABOUT Kofax


SECTOR: Company Insight

Optimising document driven business processes with enterprise capture.

For more than 20 years, Kofax has provided award winning solutions that streamline the flow of information throughout an organisation by managing the capture, transformation and exchange of business critical information arising in paper, fax and electronic formats in a more accurate, timely and cost effective manner.

These solutions provide a rapid return on investment to thousands of customers in financial services, government, business process outsourcing, healthcare, supply chain and other markets. Kofax delivers these solutions through its own sales and service organisations, and a global network of more than 1,000 authorised partners in more than 60 countries throughout the Americas, EMEA and Asia Pacific.

Document driven business process automation

Choose the industry leader in document capture to automate your business processes and improve the efficiency of your business. You can capture documents in a digital format to drive business processes and archives. For more information on our software, please see the product list.

The Financial Services industry with no doubt has experienced major challenges and change over the last year, forcing them to better manage risk, increase efficiency, significantly reduce operational cost, and prove compliance, above all with new regulations, in order to stay in business. At the same time, customer demand and demand for re-financing have been increasing, challenging banks with an ever increasing volume of paper and document handling.

Kofax delivers an enterprise capture platform to optimise a broad range of banks’ and financial institutions’ critical business processes, such as account opening, loan/mortgage processing, credit card application processing, funds processing, as well as invoice processing (including e-invoicing) and mailroom automation.

Kofax UK Ltd
1 Cedarwood
Chineham Business Park
Basingstoke, Hampshire
RG24 8WD

Tel: + 44 (0) 870 777 3767
Fax: + 44 (0) 870 777 3768
info@kofax.com
www.kofax.com, www.kofax.com/contact

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Kofax Capture

Kofax Capture, formerly Ascent Capture, accelerates business processes by collecting documents and forms, transforming them into accurate, retrievable information, and delivering it all into your business applications and databases.

Kofax Desktop

In the office or at home, Kofax Desktop takes the hassle out of scanning.

Kofax e-Transactions

Speed up your invoice process and eliminate error-prone manual data entry by digitally sending and receiving invoices without paper.

Kofax Front Office Server

Kofax Front Office Server enables customer facing employees to trigger back office, business processes directly from familiar, front office equipment such as digital copiers, desktop scanners, and fax systems.

Kofax Monitor

Kofax Monitor is application monitoring software that provides real-time performance monitoring and metrics on the operational health of your capture system.

Kofax Transformation Modules

Kofax Transformation Modules streamline the transformation of business documents into structured electronic information by automating the process of document classification and data extraction.

MarkView Financial Suite

The MarkView Financial Suite automates financial processes to ensure consistent, efficient, cost-effective, and timely processing of all transactions.

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Achieving Measurable Gains by Automating Claims Processing

Moving to a fully automated process is a goal for claims processing of nearly all insurance executives. Companies are at various levels of automation and often do not have an appropriate strategy to achieve higher levels of automation. This white paper identifies seven levels of claims automation and provides a roadmap that can be followed to enhance claims processing. This straightforward approach can be used to increase the likelihood of successful automation. Download this free white paper from Kofax to find out more.

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Customer Centricity: The Key to Success in Retail Banking

The economic slowdown has forced many banks to redirect their focus to retail banking and reinvent themselves as customer-centric organizations. But many institutions still use legacy infrastructures and processes that hinder necessary readjustments, in particular with regard to information exchange and customer communication. This white paper explains how these difficulties can be overcome, and how banks and financial institutions can reengineer core IT and business processes to support their business objectives. Download this free white paper from Kofax to find out more.

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The Top Ten Reasons to Automate Your Banking AP Processes

Accounts Payables organizations are charged with reducing costs, improving performance, achieving regulatory compliance, increasing visibility and enabling the corporation’s strategic initiatives — all at the same time. The fundamental issue is not whether a company should strive for these goals but how well they can be accomplished. This paper will count down the top ten reasons to automate your Banking AP processes and explore the solutions that can be leveraged to reduce costs, strengthen controls, improve service levels and increase visibility. Download this free white paper from Kofax to find out more.

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The Business Case for Automating Document Driven Business Processes

This white paper provides a compelling case for taking an enterprise approach to automating document driven business processes. Find out how document capture is quickly moving toward mainstream adoption and how the shift from scan-to-archive to scan-to-process is profoundly changing the strategic importance of capture as an enterprise standard.

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SunTec Announces TWIST BSB Compliance

SunTec Business Solutions, the leading provider of Relationship-based Pricing and Centralised Billing solutions, today announced that its flagship product for the financial services vertical – TBMS-F – is compliant with TWIST's (Transaction Workflow Innovation Standards) Bank Services Billing Standard (BSB).

Banking ServicesCommercial Banking

Black Sea gas puts Caspian on Ice?

February's discovery of sizable gas deposits along the Romanian and Bulgarian Coast of the Black Sea sent shock waves through the gas markets of South Eastern Europe, Black Sea states and the Caspian. The impact that the volumes will have on progress with southern corridor pipeline projects and the multiple proposals for LNG terminals in the wider region is one question begging to be answered.

Humans out Safety in

Recent trends in the European Process Safety Market suggest that a strong correlation exists between increased profitability and the reduction of human 'interference' in productive processes. Put less alarmingly, safety systems and plant controls are being integrated with increasing automation as the key selling feature.

NICE: Mediterranean’s Epicenter of Energy, Environment and Economic Development?

The city of Nice and it's game changing Eco Vallée project have become Europe's epicenter of 'Smart' development. Uniting innovative practices in urbanism and mobility as well as eco-compatible technical and agricultural production with incentives for advanced R&D, Nice is rapidly becoming 'the' metropol for Green business tourism.

Plant Turnaround Teams Solidly in the Spotlight

Due to a prolonged period of tight margins in the Oil&Gas and Chemicals sector, global players have dissected their asset base, supply chains, and workforce in the quest for increased efficiency. While, technology has helped immensely, plant assets pose deep rooted challenges that technology alone cannot address.

Fleming Group introduces brand American Leaders

Fleming Group with brands Fleming Europe, Fleming Gulf, Kakushin Webinars and American Leaders belongs to premium conference organizers opening offices worldwide.The team of professionals distributes the cutting-edge information to business authorities since 2004.

Kakushin webinars powered by Fleming

A business-to-business online webinar brand Kakushin became a part of Fleming Group on April 1, 2011. Fleming Group and Kakushin joined forces in order to deliver the most relevant business information, reach a wider area of topics and dwelve into industries not yet covered online.

Turmoil poses headache for event organisers

Conference organisers in the UAE are scrambling to decide the fate of business events scheduled for Egypt. Several conventions and conferences have already been postponed and a dozen more events may not take place .

Realcomm and Fleming Gulf Announce RealTech Middle East 2010

The second annual RealTech Middle East Conference will be held 2-3 February 2010, in Abu Dhabi, UAE. Industry leaders Realcomm and Fleming Gulf will bring together real estate industry experts and the business community of the Middle East to discuss global best practices in technology, automation and innovation for the real estate industry.

Leveraging Technology in the Fast-Moving GCC Construction Industry

The Building & Construction (BNC) Network is pleased to be designated Construction Intelligence Partner to Jacob Fleming Group against the backdrop of the group's construction conference theme: Investigate - Initiate - Innovate: Leveraging Technology in a Fast-Changing World.

Logistics heavyweights to discuss Middle East role

The Middle East's logistics industry will be placed under the spotlight at the forthcoming Shipping and Logistics Forum 2008, which is being held at Dubai's Habtoor Grand hotel on 19th and 20th February.

RealTech Middle East to be the largest gathering of Real Estate IT Executives in the Middle East

RealTech Middle East 2007 will be the inaugural event in what will hopefully become the signature real estate, technology and innovation event in the Middle East. With the pace and scope of development going on in the Middle East combined with the desire to embrace 21st century global best practices, RealTech will be the venue in which the new ideas and innovative thinking regarding real estate will be discussed, demonstrated and debated.

Clear2Pay Undisputed XCELENT Customer Base 2010 Award Winner

Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announced today that Celent has awarded the company with the XCELENT Customer Base 2010 Award for the breadth and spread of customer base for payment services hubs, both live and under implementation.

Rabobank (NL) Implements Clear2Pay’s Open Payment Framework

Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announces that it has entered into an agreement with Rabobank (NL) for the provision and implementation of a bank wide payments hub powered by the open payment framework (OPF).

Clear2Pay Implements Open Payment Framework for BNP Paribas in Asia Pacific Region

Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announces today that BNP Paribas has selected the company's Open Payment Framework (OPF) to implement a single payments management platform for 13 of its countries in Asia. The regional Payment Hub will operate from Singapore; in its first phase it will handle all payment requirements for Thailand, Taiwan, Korea and Vietnam.

Volksbank Romania Selects the PCS Custody Platform

Volksbank Romania, one of the most dynamic subsidiaries of Austria's Volksbank, and Professional Computer Services (PCS SA), a leading provider of financial software, announced that Volksbank Romania has selected the PCS Custody Platform to support the bank's plans for strategic growth and expansion.

PCS Announces Participation at SIBOS 2010 Amsterdam

Professional Computer Services S.A. (PCS), one of Europe's leading financial software companies, will participate in Sibos 2010 (Stand A638), the world's premier financial services event, taking place in Amsterdam from the 25th till 29th of October, 2010.

PCS Becomes an Officially Certified Bloomberg Third Party Vendor

PCS becomes the first software vendor in Greece and one out of forty worldwide IT providers, to be recognised by Bloomberg as an officially "certified" Bloomberg Third Party Vendor, as Bloomberg has fully approved the PCS Bloomberg Server API Integration.

Hellenic Postbank Selects the PCS Custody Platform

Professional Computer Services SA (PCS), member of SingularLogic Group of Companies, has announced that Hellenic Postbank has selected the PCS Custody Platform to support the bank's plans for strategic growth and expansion.

Sterci Partners with Systar for Business Activity Monitoring

Sterci, the leading international software provider of SOA solutions for STP, today announced the signature of a reseller agreement with Systar (ISIN: FR0000052854-SAR). Systar is widely regarded as the leading provider of Business Activity Monitoring (BAM) solutions and offers innovative capacity management software for both physical and virtual server environments.

Mobile Phone Recording Vendor Granted 2nd Patent

Compliant Phones Ltd, UK-based creator of the Mobile Recording Solution recently launched by Vodafone Global, announced today that it has been awarded a second UK patent covering mobile recording GB2460964B. This patent fully covers the method of recording inbound calls "in-line" to a mobile phone by using the network divert function. This patent compliments their existing patent GB2445104B which details the process of recording "in-line".

African Bank Deploys GDS Link’s DataView360

African Bank, South Africa's largest micro-lender, has licensed GDS Link's DataView360™ to manage its current and future risk management requirements. With GDS Link's flagship solution, DataView360, the bank can now aggregate multiple data sources for a more comprehensive assessment of customers, as well as ensure a stable real-time transactional inquiry process.

GDS Link and Scoring Solutions Deliver Joint Solution to Lending Market

GDS Link announced a strategic alliance with Scoring Solutions™, an Atlanta-based analytical consulting company focused primarily on the credit industry. The relationship merges Scoring Solutions' complex scoring models, derived from its extensive credit attribute library, with GDS Link's ability to enable the rapid implementation of these models through its flagship product, DataView360™.

Steform is Ready for SWIFT MT-MX Migration

Sterci, the leading international software provider of SOA solutions for STP, today announced that SWIFT has renewed STEFORM with the highest award label for funds for the sixth consecutive year. Steform version 3.3 is SWIFTReady funds 2010; it means the SWIFT compliance recognition provides a comprehensive automation for funds using new SWIFTNet XML ISO 20022 messaging standards.

Wyeth Reduces Risk with Dyadem Software

Dyadem, the market leader in quality lifecycle management and risk lifecycle management solutions, has announced that Wyeth, a global leader in prescription pharmaceuticals and non-prescription consumer health care products, is using software from Dyadem to enhance and standardize its risk assessments.

Medical Device Manufacturers Turn to Dyadem for Regulatory Compliance

As medical device manufacturers come under heavier scrutiny to ensure patient safety, they are increasingly turning to Dyadem for help implementing a quality risk management platform that can identify, analyze, mitigate and monitor quality risks throughout their organisations.

Genzyme Boosts Quality Using Dyadem Quality Lifecycle Management

Dyadem, the market leader in quality lifecycle management and risk lifecycle management solutions, has announced that Genzyme Corporation, one of the world's leading biotechnology companies, is using software from Dyadem to enhance the quality of the medical devices produced in its bio-surgery division.

GDS and Pattern Recognition Enter into a Reseller Agreement

Reseller agreement between GDS Link and Pattern Recognition allows custom fraud models developed by Pattern Recognition to be deployed through GDS Link's core technology platform, DataView360™, and its new merchant acquirer solution, DataView360-Detect.

Surecomp’s allFAC Helps Partnership Finance Ltd. Meet its Business Objectives

Surecomp, a leading provider of receivables management and trade finance solutions for the global financial services community, announced on 1 Feb 2010 that East Sussex-based Partnership Finance Ltd., an independent provider of working capital for the small and medium sized business sector, is in production with the ASP version of Surecomp's highly-acclaimed allFAC® receivables management solution.

Banking ServicesCommercial Banking

Surecomp Wins Financial-i Leaders in Innovation Award for Trade Finance for Second Consecutive Year

Financial-i magazine announced on 9 Dec 2009 that Surecomp, a leading provider of global trade solutions for the financial services community, has been named the winner of the fourth annual Financial-i Leaders in Innovation Award for trade finance. With receipt of this award in both 2009 and 2008, Surecomp has earned the prestigious accolade for two consecutive years.

Banking ServicesCommercial Banking

SunTec Announces TWIST BSB Compliance

SunTec Business Solutions, the leading provider of Relationship-based Pricing and Centralised Billing solutions, today announced that its flagship product for the financial services vertical – TBMS-F – is compliant with TWIST's (Transaction Workflow Innovation Standards) Bank Services Billing Standard (BSB).

Cane Bay Partners Selects GDS Link to Meet its Risk Management Requirements

Cane Bay Partners VI, a St. Croix, V.I.-based consulting and portfolio management company, has selected GDS Link's technology for the enhancement of its scorecard management processes. After an extensive search process, Cane Bay found that GDS Link's flagship product, DataView360™, offered the most functionality to effectively support its consumer lending risk management needs.

Baring Asset Management Realises Quantifiable ROI with Bonaire’s REVPORT™ Revenue Management and Business Intelligence Platform

Boston – Bonaire Software Solutions, LLC, a leading provider of Revenue Management, accounting and Business Intelligence solutions to investment managers, mutual funds, wealth managers, broker dealers and RIAs, announced that Baring Asset Management attained significant resource reduction by implementing Bonaire's REVPORT™ revenue management, fee billing and business intelligence platform and furthermore cut their fee billing cycle in half.

GDS Link Launches DataView360 Detect

GDS announced at the Merchant Acquirers' Committee (MAC) 2010 Conference the launch of its new offering, DataView360 Detect, which is designed to satisfy many of the unique compliance and risk management requirements of merchant acquirers and ISOs.

Clear2Pay appoints Sales Manager

Clear2Pay, the international technology provider of next generation payment solutions for financial institutions announces that it has appointed Patricia Pittomvils as Vice-President Sales to spearhead large global account development in the UK and other European countries.

Intolerable Burden on Compliance Officers Hindered by Legacy Systems

Many financial services firms have been failing to comply with post MiFID Regulations and the Market Abuse Directive (MAD) because of aging legacy systems reports a new white paper commissioned by Business Systems (UK) Ltd and published by B.I.S.S. Research. The operational and technological problems faced by compliance officers combined with the intolerable burden of compliance and accurate reporting caused by disparate systems and databases are highlighted as significant contributing factors.

Bank’s TransPromo Pilot Completed in Record Time

A successful transpromo pilot programme for one of the world's largest banks was prepared from scratch and rolled out in just six weeks using GMC Software Technology’s PrintNet suite of personalisation software.

Pulse and Trionis Sign Long-Term European ATM Acceptance Agreement

Pule, the Discover Financial Services business unit responsible for expanding global cash access for the company, has signed a long-term ATM acquiring agreement with Trionis, a European interbank processing network. Trionis is jointly owned by retail banks from nine European countries, the European Savings Banks Group, and First Data.

HML Maintains Its Position as the UK’s Leading Servicer

HML, the financial outsourcing provider, has bolstered its reputation in the mortgage market by having its servicer ratings affirmed by each of the three major ratings agencies – S&P, Fitch and Moody's - and has been awarded a special servicer rating by Fitch for the first time.

HML Joins the CBI

HML, the financial outsourcing provider, has announced it has become a member of the Confederation of British Industry (CBI).

LBBW Chooses Xenomorph for Data Management in Risk Control

5 August 2009 - Landesbank Baden-Württemberg (LBBW) has selected Xenomorph's TimeScape data management system for use within its group risk control department. TimeScape was chosen to meet LBBW's need for greater data transparency, higher data quality and faster access to ever-increasing volumes

KBC Securities Secures Bolero Customers with VASCO’s DIGIPASS 270

VASCO Data Security International Inc (Nasdaq: VDSI), a leading software security company specialising in authentication, and KBC Securities, the largest brokerage company in Belgium, have announced that KBC Securities is using DIGIPASS® 270 to secure its Bolero customers. The introduction of DIGIPASS for Bolero customers coincides with the launch of the new Bolero website.

Business Systems Secure Winterflood Securities Deal with New ‘Market Detect’ Analytics Tool

Business Systems (UK) Ltd the UK's largest independent provider of market leading call recording solutions and associated technologies has announced the formal launch of its very own enterprise level trading surveillance system called Market Detect.The company has already generated a significant amount of interest in the product and have formally announced a deal with Winterflood Securities who will become an early adopter of the technology.

Advent Software Expands Client Base in Middle East

Advent Software, a leading provider of software and services for the global investment management industry, today announced that the total number of clients in the Middle East region has exceeded 30, further demonstrating its growth and commitment to developing a strong business presence in the region.

Munder Capital Turns to Advent Portfolio Exchange for Fixed-Income Capabilities

Advent Software, a leading provider of software and services for the global investment management industry, today announced that asset management firm, Munder Capital Management, has implemented Advent Portfolio Exchange® (APX). APX is Advent's industry-leading portfolio and client management platform. Based in Birmingham, Michigan, Munder has $21 billion in assets under management as of December 31, 2008.

Business Systems Invest in Compliant ‘Mobile Phone Recording’ Technology

Call recording specialists Business Systems have recently invested in 1,000 mobile phone and SMS text recording user licenses from mobile communications provider, Compliant Phones Limited. These licenses form an essential part of the companies growing product suite, enabling Business Systems and sister company OPEX Hosting to provide clients with a seamless, compliant, tamper-proof mobile phone recording solution.

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Kofax Case Study: Business

ADP has slashed costs and streamlined its processing of new account documents by switching to Kofax Capture. Download this free case study to find out more.

Kofax Case Study: Mailroom Processing

Kofax helps ING-DiBa to automate the processing of more than 70,000 documents daily and increase customer service amid rapid growth. Download this free case study to find out more.

Kofax Case Study: Banking

Kofax capture and transformation technologies enable Berlin Economic Development bank to process more than 150,000 financial documents each month. Download this free case study to find out more.

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Kofax - Making Money and Saving Money

Making Money and Saving Money