Releases

posted on 29 July 2008 12:21

Redwood Shores, Calif. – July 29, 2008 --- JPMorgan Chase, a leading global financial services firm, will implement Oracle Distributed Document Capture across its global enterprise to facilitate the electronic capture and management of a broad range of critical business documents including loan applications, financial statements, invoices and checks.

- Oracle Distributed Document Capture provides scalability, easy administration, support for multiple input devices, and a user-friendly, Web-based interface.

- JPMorgan Chase expects to benefit from faster document cycle times, improved regulatory compliance and records management, more automated business processes, and better access to information.

- Oracle Distributed Document Capture initially will be rolled out to more than 750 U.S. users at JPMorgan Chase. By the end of 2009, more than 3,000 employees across the U.S., Europe, Africa and Asia are expected to be using the software.

"Oracle Distributed Document Capture is designed to help us increase efficiency and gain tighter control over records for compliance requirements,” said Trevor Salt, Manager of Distributed Document Capture for JPMorgan Chase & Co.

^{[Formatted by Paul Warren.]}