Banks in transition: securely positioned for the future with ELO
As digitalization accelerates, banks face the growing challenge of processing large volumes of sensitive documents both efficiently and securely. IT and ECM systems lacking AI capabilities or cloud connectivity are increasingly unable to meet modern operational and regulatory demands. At the same time, new regulations such as DORA and GDPR call for flexible, adaptable, and compliance-ready solutions. Many financial institutions also struggle to implement AI due to a lack of structured data and automated compliance frameworks. The pressure to modernize is therefore growing – not least due to rising customer expectations and the shortage of skilled IT professionals. With ELO ECM Suite, we offer a modular, future-ready ECM system designed specifically to help banks stay ahead.
Scalability & flexibility
- Various deployment models: Cloud (SaaS), managed service, or on-premises
- Adaptable to your requirements and company size
Automated business processes
- Fast process modeling thanks to a low-code approach
- Reduces manual tasks and error sources
- Speeds up approval and review processes
Seamless integration with existing IT systems
- Effortless integration with systems such as SAP, Microsoft 365, DATEV, or Navision
- Enables a continuous and efficient digital process chain
Compliance & security
- Ensures adherence to legal requirements, including DORA regulation
- Built-in security and data protection features
- Fully tax authority-compliant documentation of all cases
Enhanced customer service
- Accelerates customer inquiry handling through instant access to relevant data
- Supports flexible, mobile working environments
Future-proof
- Leverages modern technologies like AI for data analysis and process optimization
- Prepares your business for upcoming regulatory and technological changes in finance
ELO prepares the financial sector for DORA
With the Digital Operational Resilience Act (DORA), the EU aims to strengthen the financial sector against digital threats. This regulation defines measures to enhance data security while ensuring that core operations can continue even during a reportable incident. In force since 2023, DORA must be fully implemented by early 2025.
To support financial institutions in aligning their contract management processes with DORA, ELO offers a DORA module for ELO Contract. Seamlessly integrated into the contract file, the module provides targeted tools to help organizations meet regulatory requirements with minimal effort.
DORA enhances data security in the financial sector
DORA is an EU regulation designed to strengthen the digital resilience of financial sector companies. The Digital Operational Resilience Act (EU 2022/2554) came into effect on January 17, 2023, and must be implemented as of January 17, 2025. It plays a key role in protecting the European financial market against cyber risks and ICT-related incidents. As an EU regulation, DORA is directly applicable and does not have to be transposed into national laws. Its reach also extends beyond the EU: any institution operating within the EU or providing services to EU customers is subject to the regulation. In Germany, this includes all companies regulated by BaFin.
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Why ELO is the right software for your business
Onboarding
Our ELO Business Partners support you from day one, ensuring a smooth onboarding process.
Experience
Backed by more than 25 years of expertise, we rank among the leading software providers in Germany.
Training
Our regular training courses ensure you stay up to date with the latest features of our software.
Local
Supported by a global network of over 1,000 IT service providers, we have a local presence wherever you are.
Support
Our comprehensive support services guarantee a fast response to your inquiries.
Made in Germany
All our software developments come together at our headquarters in Germany.
