The overwhelming case for electronic communications

Posted on January 17, 2014 by Sarah White

Not only are there significant cost savings available for both financial services firms and their advisors, but changes in regulation and investor behaviour are key reasons for considering electronic communication

By Anthony Boright | 

The business case for financial services firms to implement strong e-migration strategies for all client communications has never been stronger. In fact, Canada Post’s Dec. 11, 2013 announcement that it’s phasing out door-to-door delivery of regular mail to urban residents, while increasing the cost of an individual postage stamp to $1 from 63¢, only reinforces this fact. Although mail and other paper-based communications will not disappear any time soon, the case for the use of electronic channels is now overwhelming.

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