In November of last year, the
Regardless of where one falls in the climate-change debate, capital markets sit in the enviable position of establishing a win-win relationship with environmentally friendly positions, said James Kang, a research associate with Aite Group and co-author of the report.Other than the insurance, healthcare and mortgage industries, few industries could benefit more than financial services from having less paper.
Adam Honore, Aite Group senior analyst and the other author of the report, further stated that customers undervalue the money businesses put into paper correspondences.
Green in More Ways Than One: The Economic and Client Impact of Going Paperless is a 37 page report that is based on a survey of 505 people conducted in October 2007. The report also incorporates information attained from technology executives and capital market firms.