A Statutory Agency in Malaysia Smartens up Investigations with Newgen Solution
The statutory agency in Malaysia for protecting investors' interest recently acquired Newgen solution to efficiently manage and track the deluge of documents, vital to its investigations in various cases.
The agency's primary aim is to protect investors by ensuring proper conduct of overall market and businesses. For this, it conducts raids and investigates into irregularities. Investigating a case involves a large number of various types of documents, such as company financials, reports, legal documents, etc. With a large number of cases being handled by the agency, there was a pressing need for managing the physical and digital documents.
Newgen's Document Management (OmniDocsTM) and Records Management (RMS)-based solution, shall be used for managing digital and physical documents and records. The solution would ensure that once the raid is conducted by the investigating agency and documents/records related to sealed assets are captured for further investigation, these documents/records are easily kept track of and are quickly produced before investigating officers for speedy processing.
The agency supervises exchanges, central depositories and clearing houses; regulates matters related to securities; and ensures proper conduct of market and business, among various other market-regulation-related activities.