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 & copp 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: