Printing for Financial Services
According to figures published by HM Treasury, there are more than 35,000 companies
operating in the financial service sector, employing over one million people, which
is about four and a half percent of the UK workforce.
In recent years the sector has experienced challenging times following the economic
fallout from the credit crunch, increased government regulation, raised media scrutiny
and a change in the public perception of the sector.
The financial services sector had previously a huge demand for print products, both
from an operational and marketing perspective, no better highlighted than its use
of direct mail. Before the economic downturn around 50% of what came through your
letterbox originated from the financial service sector.
Tougher trading conditions, particularly in the retail banking and insurance sectors
have required companies to look for savings in the way and how often they communicate
with their audience. Operationally, print management
to the financial sector has had to look for more efficient ways of operating while
maintaining the levels of excellence demanded by the sector.
At besley & copp, we work with a number of leading high street banks and financial
institutions to provide innovative solutions to these challenges whether helping
outsource non-core activates or redesigning transactional print to be able to carry
personalised customer communication.
Print management in the financial services sector
demands specialist knowledge. Anyone supplying print
needs to understand the regulatory environment those customers operate in to be
compliant with FSA controls.
In addition, much publicised cases of customer data being accidentally leaked during
data management or print operations, highlights the need for a supplier to have
a deep understanding of the processes involved.
As the ethics and activities of financial services companies come in for scrutiny,
besley & copp are helping customers improve their carbon footprint and environmental
credentials. Everything from producing chequebooks made from FSC (Forest Stewardship
Council) grade materials to mailing systems that drastically cut a companies print
stock and use of conventional forms of distribution.
And finally, as well as the traditional areas of operational print and marketing
print management, besley & copp has specialist
knowledge and skills with
ATM estates and the consumables used. We design, manufacture and install
a wide range of ATM associated signage,
livery and kiosks.
besley & copps has experience and knowledge that
can deliver real value to customers in the Financial Services and Banking sectors
which is demonstrated in the following case studies: