Greenwich Registrars Champions Digitisation to Revolutionise Nigeria’s Probate Industry
Article Summary:
Greenwich Registrars & Data Solutions (GRDS) highlights the transformative impact of digitisation on Nigeria’s probate industry, aiming to address longstanding issues in asset recovery and estate management. Managing Director Obiageli Chiki-Ijegbulem emphasizes that digital solutions can counter inefficiencies and delays that often hinder beneficiaries from quickly locating and consolidating inherited assets.
Key Points:
1. Challenges in the Probate Industry: Traditional methods are fraught with manual processes, leading to delays and complexities in asset gathering and estate settlement.
2. Digitisation Benefits:
• Automation and Efficiency: Digital systems streamline asset recovery, reducing the need for repeated visits to financial institutions.
• Transparency and Trust: Real-time digital updates keep beneficiaries informed throughout the process, fostering trust.
• Enhanced Security: Digital platforms ensure secure, encrypted storage of sensitive information, minimizing risks of loss or misplacement.
3. Convenience for Global Beneficiaries: For heirs living abroad, digitisation removes the need for physical paperwork, allowing remote and convenient access to necessary documents and updates.
4. Future Outlook: As probate management evolves, Chiki-Ijegbulem asserts that digitisation will become a standard necessity rather than a choice, promising an efficient, secure, and transparent probate experience.
Greenwich Registrars is leading this shift, offering a state-of-the-art platform for streamlined asset gathering and transmission, transforming the probate landscape in Nigeria.
Article Summary:
Greenwich Registrars & Data Solutions (GRDS) highlights the transformative impact of digitisation on Nigeria’s probate industry, aiming to address longstanding issues in asset recovery and estate management. Managing Director Obiageli Chiki-Ijegbulem emphasizes that digital solutions can counter inefficiencies and delays that often hinder beneficiaries from quickly locating and consolidating inherited assets.
Key Points:
1. Challenges in the Probate Industry: Traditional methods are fraught with manual processes, leading to delays and complexities in asset gathering and estate settlement.
2. Digitisation Benefits:
• Automation and Efficiency: Digital systems streamline asset recovery, reducing the need for repeated visits to financial institutions.
• Transparency and Trust: Real-time digital updates keep beneficiaries informed throughout the process, fostering trust.
• Enhanced Security: Digital platforms ensure secure, encrypted storage of sensitive information, minimizing risks of loss or misplacement.
3. Convenience for Global Beneficiaries: For heirs living abroad, digitisation removes the need for physical paperwork, allowing remote and convenient access to necessary documents and updates.
4. Future Outlook: As probate management evolves, Chiki-Ijegbulem asserts that digitisation will become a standard necessity rather than a choice, promising an efficient, secure, and transparent probate experience.
Greenwich Registrars is leading this shift, offering a state-of-the-art platform for streamlined asset gathering and transmission, transforming the probate landscape in Nigeria.