Wednesday, June 13, 2012

WAND Banking Taxonomy Now Available

Commercial Banking Taxonomy
I am pleased to announce the release of the WAND Retail Banking Taxonomy.  The WAND Retail Banking Taxonomy has 815 terms with 339 synonyms covering banking processes, retail banking,  regulations, products, fees, risk management, banking documents, and much more.

The financial services industry has been more proactive than most in adopting taxonomies due to complex compliance and retention requirements.   The WAND Finance and Investment Taxonomy was our first offering for this vertical, but that taxonomy does not have terms that would be useful for tagging internal bank documents.

The WAND Retail Banking Taxonomy is specifically designed to help banks tag and organize their unstructured information with relevant, industry specific concepts, processes, subjects, and document types.




Retail Banking Taxonomy
 WAND created this taxonomy leveraging experience helping create taxonomies for dozens of credit unions and financial institutions.  We took this knowledge as a base and built-on top of it to create a taxonomy that is a strong starter set for any commercial and retail banking institution.



The WAND Retail Bank Taxonomy can be integrated into any ECM software that can support taxonomy including SharePoint 2010, SharePoint online, Documentum, Oracle Webcenter, Drupal, wordpress, and more as well as automatic tagging solutions.



If you'd like a demo, please do let us know. You can reach me at mleher at wandinc dot com.