10 Common FutureVault Use Cases For Firms And Advisors
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Leveraging FutureVault to Meet Books and Records Regulation
FutureVault’s platform is widely adopted to help firms and institutions confidently meet digital books and records regulation, including data residency, document retention, accessibility, and data redundancy requirements. FutureVault satisfies recordkeeping requirements provisioned by IIROC (now CIRO), FINRA, and the SEC, including SEC Rule 17a4 requirements, in addition to several others.
Automating the Delivery of Statements
One of the most time-saving and efficiency-gaining use cases is the platform’s ability to automate the secure delivery of client-facing documents. Dozens of firms and institutions we work with leverage integrations (via APIs) and Bulk Uploads (via SFTPs) to automatically deliver important documents, which commonly include the following:
- Monthly Account Statements (Multi-Custodial)
- Account Opening and Onboarding Documents
- Quarterly and Annual Reports
- Tax Slips
Several of our Broker-Dealer (Investment Dealer) customers are also leveraging APIs and SFTPs to automate the delivery of documentation directly to their Advisors, which includes monthly commission fee statements.