The Managing Director of Greenwich Registrars & Data Solutions, Obiageli Chiki-Ijegbulem, has emphasized the potential of digitization to streamline the probate industry. In a recent statement, she highlighted the inefficiencies and delays that have long plagued the process of asset recovery, transmission, and estate management.
“For too long, beneficiaries have struggled with the complexities of asset gathering, often facing challenges in locating, consolidating, and claiming assets left behind by loved ones,” Chiki-Ijegbulem said. “The traditional approach, relying heavily on manual processes, miscommunication, and incomplete information, can be a daunting and time-consuming process.”
By leveraging digital solutions, Chiki-Ijegbulem explained that many of these challenges can be mitigated. “Digitization allows for the automation of key processes, enabling beneficiaries to easily track and recover assets. This eliminates the need for repeated visits to financial institutions or the physical exchange of documents, saving time and effort,” she noted.
Furthermore, digital platforms offer enhanced transparency, providing real-time updates on the status of assets. This level of transparency builds trust and provides peace of mind to beneficiaries.
Security is another significant advantage of digital solutions. Sensitive information can be encrypted and securely stored, reducing the risk of loss or unauthorized access. Additionally, digital platforms offer unmatched convenience, especially for beneficiaries who are located far from the estate they are trying to recover.
Chiki-Ijegbulem concluded by stating that embracing digitization is no longer optional but a necessity for the probate industry. “At Greenwich Registrars & Data Solutions, we are proud to be at the forefront of this transformation, offering a state-of-the-art asset gathering and transmission portal that simplifies the process for our clients,” she said.
