U.S. State Financial Regulator
US State bolsters consumer protection and economic growth
Financial regulation departments develop applications for faster, cost effective licensing with OpenText™ AppWorks™
Using OpenText AppWorks, we now have a shorter licensing turnaround time.
Challenge
- Need to stramline operations to minimize expenses
- Previous structure lacked back-ups when needed
Product(s)
Value
- Accelerated the licensing process and improved productivity for internal and external users with new portal
- Reduced expenses by consolidating application development onto a single platform
- Promoted uptime for all critical applications with a lean development team trained on the same system
About U.S. State Financial Regulator
For the State, the Banking and Securities Department regulates and licenses traditional and non-traditional financial companies, adapting to changes in the market including the rise of fintech services, internet-based money transmitters and digital-first insurers.