Real World Solutions

 

By Tom Cypher
President, CEO & COO
Information Technology, Inc. (ITI)
402.421.4207
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www.itiwnet.com

Upwardly spiraling oil prices and recent research on climate change have increased everyone’s awareness of the need to conserve resources and protect the environment. For financial institutions, going “green” – adopting practices and technologies that require fewer resources and generate less waste – improves both public image and the bottom line.

From buildings that use passive solarization to remote installation and support of our software, Information Technology, Inc. (ITI) seeks ways to be eco-friendly. And we’re excited about new technological developments that help not only our company, but also our clients and their customers, further achieve that goal.

Saving More Than Paper
ITI has been a leader in the paperless banking revolution for years. Our solutions greatly reduce the amount of paper used by financial institutions. Moving from paper-based to electronic transactions saves not only the natural resources needed to create, transport, store and dispose of paper, but also the time, money and fossil fuels required to move paper from place to place, whether from a customer’s home or office to the branch, from branches to a central location, or from there to the Federal Reserve.

Our enterprise content management solutions help financial institutions store and retrieve a mountain of information. ITI’s solutions for distributed capture and electronic item processing and exchange make it possible to truncate paper at the point of presentment. For example, one of our clients who processes and transfers checks electronically was able to discontinue daily charter flights to transport deposits from far-flung branches to correspondent banks, saving considerable money and benefitting the environment.

ITI’s solutions also support Internet and mobile banking, online bill payment, direct deposit and other electronic funds transfers – all environmentally friendly alternatives to transactions that require energy-consuming and air-polluting trips to the bank. Electronic statements save paper, gasoline and space in landfills.

Other Green Technologies
To help financial institutions eliminate the use of couriers to carry tapes to an offsite location, ITI offers secure online backup and recovery solutions. Our cost-effective data encryption solution encrypts and compresses data so files can be safely transmitted to an offsite server or electronic vault, again eliminating the need for couriers.

ITI makes certain that our software is compatible with the latest hardware platforms, and as these platforms have become more powerful, they have also become physically smaller and more efficient, requiring fewer resources to create and transport, and less electricity and air conditioning. We employ server virtualization, which takes energy conservation even further by enabling multiple applications to run on a single server.

Being green is about being responsible, both socially and fiscally. Financial institutions can save time and money by employing environmentally friendly technology. Simply put, green banking is in the best interest of your customers, your organizations and your community. Let us know how we can help you. We're ready.