4 min read

Why Banks Choose Convene

By Lucy Palmer on 28/04/22 17:34

As the financial sector moves into the future, technology will play a crucial part in improving banking practices. At Convene, we understand how important it is for banks to trust the software they use. That’s why we’re so proud of the number of banks that have chosen Convene.

We’ve put together some of the key reasons they have cited in their decision to choose Convene:

Convene Transforms Outdated Internal Processes

As the financial sector moves into the future, many banks are realising they need to let go of legacy software to improve internal processes. Convene is designed to enhance collaboration at every stage of the administrative journey. The purpose-built software offers the perfect alternative to outdated, inefficient practices.

This was noted by Chris Spanias, Solution Architect at Tesco Bank: ‘Before Convene, our admins had to print out meeting packs and use the old software. It defeated the purpose of going digital and just increased the workload for them. Convene has saved our admins time and increased efficiency when it comes to organising meetings.’

Convene’s Intuitive Interface Is Easy-To-Implement

The complex issues handled by banks during Board meetings mean directors don’t need the added complication of confusing software. Convene’s interface is user-friendly, so even the most technophobic Board members can pick it up easily.

In the words of Christina Giannopoulou of Piraeus Bank, ‘It was important for our members to be able to access information easily and to share important documents during meetings. We really liked the user interface of the Convene application, and we found it very user-friendly.’

Convene Meets High Security Requirements

Banks cannot afford to take risks with their data, as they have a duty to their clients. With AES 256-bit encryption and CMMI Level 5 accreditation, Convene is designed to respond to evolving cybersecurity threats. To learn more about Convene’s state-of-the-art data protection system, take a look at our range of security features.

Convene Enhances Remote Collaboration

Convene’s main purpose is to streamline communication and create more dynamic meetings. Many banks appreciate the ability to bring together remote members - particularly in the aftermath of the pandemic.

As Afonso Cardoso de Menezes, Company Secretary of Bison Bank observed: ‘Convene facilitates and encourages vital international collaboration which is critical for success. Information is now accessible to Board members internationally in an instant.’

Fluent communication is at the heart of financial transformation, and our software makes this simpler than ever. Convene is an award-winning Board Portal designed to digitise and streamline your meeting processes from start-to-finish. Our comprehensive features include:

  1. A Document Library with role-based access to ensure your sensitive documents are protected.
  1. A built-in Audit Trail, so you can be sure you are compliant with all regulations.
  2. Integrated Video Conferencing, so you can make the switch from remote to hybrid working seamlessly, whilst still viewing your Board Pack all on one screen.
  1. Surveys, with the option for anonymity, so you can be sure you are aware of your employees' opinions.
  2. Accessibility Features, including text-to-voice, which makes us the leading accessible Board Portal.

Our software now also comes as an integration with Microsoft Teams, which provides the benefits of both Teams and a Board Portal. 

If you’d like to learn more about how Convene can help your organisation achieve better governance, please do not hesitate to book a free demo today!

Lucy Palmer

Written by Lucy Palmer

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