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Cold Storage’s Purpose

Question: 
Why do banks use cold storage?
Answer: 

Cold storage provides a convenient way to search for and find operational information and records. This can come in handy for answering a customer's questions about a processed check, locating previous versions of reports, or ensuring continued operations when other systems are offline.

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Read more about cold storage.

Vendor: 

AccuSystems develops document management and exception tracking software for financial institutions. Trusted by more than 15,000 bankers worldwide, AccuAccount automates exception tracking, streamlines audits, and simplifies loan imaging. Request a demo, register for a webinar, or download a free whitepaper.

First published on 10/10/2021

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