Network Financial Printing
Continues to Secure its
Place in the Print Industry
The printing and security company, Network Financial Printing (NFP) has made it its mission
since opening its doors in 1996 to provide error-proof services to its clients.
By Amanda Luz Henning Santiago
Attention to detail is pivotal when it comes to printing.
A single misstep can sometimes ruin an entire
print order, or worse a relationship with a client.Th e
printing and security company, Network Financial
Printing (NFP) has made it its mission since opening its doors
in 1996 to provide error-proof services to its clients.
NFP—as its name suggests—supplies fi nancial printing
services, mainly to investment banks, law fi rms, private
equity funds and fi nancial advisors. Located in the heart of
Midtown Manhattan, NFP has become New York City’s go-to
fi nancial printing provider—and it’s easy to see why. Th e
company boasts a rapid delivery window of four to twelve
hours for printed documents and is accessible 24/7 for a
wide range of printing needs.
Th e company was started by President Chris Concannon with
his brothers over 20 years ago, and is now being driven by his
sons Jack and Th omas Concannon, who serve the company as
a Sales Executive and Vice President of Marketing and Sales,
respectively. Chris, Jack, and Th omas Concannon spoke with
Printing News about their business and where they’d like to see
it go next.
No Room For Error
According to Chris, aft er the 2008 market crash a lot of
printers disappeared and a void was left in the New York City
fi nancial printing industry that once swelled. Th is presented
a unique opportunity for NFP who sought to become the onestop
shop for all of Wall Street’s fi nancial printing needs.
NFP’s print shop is comprised of digital presses, binders,
cutters, laminators, and wire punchers (most of which comes
from Konica Minolta, according to Chris). In a Printing News
profi le of NFP published in 2009, it was revealed that all printing
and book binding is done in-house.
“We have two of everything,” Chris said, emphasizing NFP’s
preparedness. “Th ere is no going down, even if it’s 4am. We
have back up for all of our equipment, we even have three
pieces of some equipment. Even if we don’t use it for a year, the
equipment is here—most shops don’t have that.”
NFP has also invested $2 million on new equipment within
past two years to ensure that everything in its print shop
remains up to date. On average, NFP delivers anywhere from
fi ve to ten print jobs a week, typically for leverage, buyouts,
and mergers and acquisitions for major banks. (Some of NFP’s
most notable clients include JP Morgan, Capital One, Bank of
America, and Barclays.)
Chris, Thomas and Jack Concannon in NFP’s print shop.
In addition to distributing printed documents, NFP also
electronically distributes many of its documents—accounting
for a signifi cant portion of its business.
Confi dentiality & Information Security
Because of the highly sensitive nature of the documents NFP
works with and the caliber of their clients, security of information
is of the utmost importance. NFP’s bread and butter comes
from providing confi dentiality and information security to
banks and legal fi rms on Wall Street, according to Th omas.
“Securing information is a necessity at this point in time,
whether you’re sending a personal email, or working with
banks,” said Th omas.
To guarantee clients the highest level of security, NFP
attained a ISO/IEC 27001 certifi cation—the highest security
certifi cation a business can attain. According to Th omas,
NFP currently has an impenetrable security system. Chris
explained that in order to work with banks, NFP had to ensure
that its level of security was up to the standard required of
a third party data roaming company, opposed to third party
vendors not supplying soft ware such as Cisco (which has to
have a slightly higher level of security).
Th e process of becoming ISO/IEC certifi ed can take 9-11
months, but NFP was able to receive its certifi cation in 6-9
months. Its networks were extremely secure before the process
began, which helped speed things along.
Everything in the company needs to be catalogued and
fi nancial books need to be made every month during the certifi
cation process. And once the certifi cation is received, the
company continues to be tested every six months. Th e testing
is relatively simple, and consists of seeing whether or not the
system can be hacked, which ultimately benefi ts everyone.
Continued on page 37
30 Printing News August 2018 PrintingNewscom
/PrintingNews.com