Newgen Software has been featured in the “Document Management in Banking: Overview and Solution Spectrum” report published by Celent, the highly respected international strategy consultancy firm.

The report elaborates the role of documents in banking, especially focusing at the need for transforming core processes, managing regulatory risks, improving decision-making and bettering customer service across channels and products.

The report also analyses various issues and aspects of Document Management in the banking sector and categorises Document Management players. At the highest level, the report classifies Document Management vendors under ‘Document Creation’ and ‘Document Handling’ categories. Document Handling is a higher category than Document Creation. Among the three subcategories, viz Market Leaders, Significant Players and Emerging Players, in the Document Handling category, Newgen Software has been featured as a Significant Player.

Celent, headquartered in Boston, is a research and consulting firm focused on the application of information technology in the global Financial Services industry.