Top 5 Security Technologies That Every Finance Institution Workplace Should Consider

Published On : 09/20/2022

The world of work is changing daily, from companies changing their entire operations system to work remotely to others introducing hybrid work models. As a result, work operations are entirely different now than they were five years ago.

Finance institutions need to stay ahead of this curve to ensure their workplace is adaptable and ready for what the future will bring. In this article, we will detail five of the best security technologies and corporate security systems that all financial institutions should consider introducing to their workplace. 

Finding a Cloud-based Physical Access Control System with an Open API

Companies welcome new team members all the time while also saying goodbye to some of their current staff members. So, it is essential to learn which corporate security systems can be integrated with cloud-based access control. Access control systems can accurately disable account access for past employees or authorize new employees through a mobile phone credential or other automated authorization methods. 

This HR-managed system will guarantee that the team’s cloud-based data is secure and only allows current and trusted employees access to it, supporting an efficient and dependable workflow with little interference needed.  

Automated Wellness Attestation

Although the workforce seems to have recovered in many ways from the pandemic, it is still crucial that financial institutions keep a system that reflects the worries we have faced in the past few years. This ensures that their system can be used if we ever find ourselves facing another public health emergency.

Wellness attestation refers to your employees proving that their wellness is okay through means such as fever checks which became a popular method of allowing people building access in 2020. 

Along with automated wellness attestation, companies operating in a hybrid model should implement smart desk management that allows employees to book desks for specific days. This will help to keep track of your company’s workflow while ensuring there is enough space for all staff members when they choose to come. This information should all be accessible through a cloud-based security system that management can oversee.

Installing Cloud-based Access Control for Office Locations

It is expected that many financial institutions have increased new locations in their company in the last few years due to many remote workers being employed. So, if you have started to set up offices in new places, too, you will need a management system that you can oversee from afar.

Cloud-based access control is the best way to do this, allowing managers to view real-time entries from their staff members or grant visitor access. This ensures that all locations are looked after and have a high level of security to make your staff feel safe and give managers peace of mind that they can check who is on site. 

Using Cloud-based Hardware Such As Video Intercoms

Cloud-based access control can be leveraged by incorporating video intercoms into their system. This means that a more secure system that allows managers to physically see who is requesting building access will be used instead of a fob or key entry.

This can make it easier to identify building visitors and help to form bonds with staff in other locations by still being able to check in and speak to them at the start of the working day to grant them building access. 

Adopting Touchless Door Readers and Other Biometric Access Control Devices

Giving every member of staff who needs access to your building a key or fob is becoming more outdated and can increase security risks if staff members lose their access credentials or lend them to unauthorized visitors. 

The best way to overcome this struggle is by introducing touchless door readers to your building. This biometric access control system grants staff access by mobile phone credentials, eliminating the risks of having common touch points that can spread germs or missing physical credentials. 

Summary

Security technology is constantly improving and growing in efficiency, allowing financial institutions to scale their businesses in different locations while still giving managerial positions and administrators the power to oversee physical entrants and data from any site. 

The above points are perfect for future-proofing any company that will still need an office, 

as most financial institutions do. From decreasing the risk of passing germs to ensuring employees are of sound physical health, technology gives companies a lot of power, which they can use to benefit their own business while making the workplace a more hopeful and safe place to be.

Wanda Rich

Wanda Rich has been the Editor-in-Chief of Global Banking & Finance Review since 2011, playing a pivotal role in shaping the publication’s content and direction. Under her leadership, the magazine has expanded its global reach and established itself as a trusted source of information and analysis across various financial sectors. She is known for conducting exclusive interviews with industry leaders and oversees the Global Banking & Finance Awards, which recognize innovation and leadership in finance. In addition to Global Banking & Finance Review, Wanda also serves as editor for numerous other platforms, including Asset Digest, Biz Dispatch, Blockchain Tribune, Business Express, Brands Journal, Companies Digest, Economy Standard, Entrepreneur Tribune, Finance Digest, Fintech Herald, Global Islamic Finance Magazine, International Releases, Online World News, Luxury Adviser, Palmbay Herald, Startup Observer, Technology Dispatch, Trading Herald, and Wealth Tribune.