4 challenges that wealth managers must overcome to pave the way to adopting digital vaults and embracing digital transformation
FutureVault Named 2022 “Wealthies” Finalist in 8th Annual WealthManagement.com Awards
The 8th Annual WealthManagement.com Awards, known as the “Wealthies”, has officially named FutureVault as a Finalist in the Technology Providers of the year – Document Management category.
TORONTO, ON, June 2, 2022 — WealthManagement.com announced yesterday the 2022 ‘Wealthies’ Finalists in the 8th annual Wealth Management Industry Awards. FutureVault, the market-leading provider of secure document exchange and Digital Vault solutions for the wealth management industry, was officially named a 2022 “Wealthies” Finalist in the Technology Providers – Document Management category.
The “Wealthies” honors the individuals, organizations and companies that help financial advisors build better businesses and create better outcomes for their clients.
The Wealth Management Industry Awards received a record-breaking number of nominations this year compared to previous year, and shortlisting 225 organizations as finalists in one or more categories by a panel of independent judges, made up of top names in the industry, who select the winners.
A full list of the “Wealthies” Finalists is available to download for free. View the full list of finalists.
“In today’s digital-first, complex world, we’re extremely proud to support wealth management firms and advisors with technology that provides material benefits across their front and back-office functions, while also enabling them to build more trust with their clients by providing unparalleled value delivered via Personal Life Management vaults,” commented Kristian Borghesan, Vice President of Marketing at FutureVault. “We remain committed to helping firms and their advisors drive efficiency to ultimately scale their business; this recognition is a testament to the work, effort, and capabilities of our platform and better yet, our team.”
“The record-setting participation in our industry awards this year is a testament to the value firms continue to place in the Wealthies as their best opportunity of the year to enhance their reputation, increase their brand awareness and set their organization apart from the competition,” said William O’Conor, managing director of WealthManagement.com.
FutureVault was recently named an Excellence Awardee for WealthTech Provider of the Year by Wealth Professional Canada, along with being named a top 100 global WealthTech provider by FinTech Global.
The annual Wealth Management Industry Awards ceremony will be held in person in New York City on Sept. 8th where the winners of each category will officially be announced.
The recognition by WealthManagement.com marks another milestone in the FutureVault journey as the team continues to build the market-leading Digital Vault and secure document exchange platform to solve the everyday challenges faced by brokerages, firms, and professionals in the financial services and wealth management industries.
About FutureVault Inc.
FutureVault is pioneering the advent of Personal Life Management through market-leading secure document exchange and Digital Vault solutions purposely built for the financial services and wealth management industries. FutureVault’s innovative, multi-tiered platform enables firms, advisors, and clients/households to manage information better, together. FutureVault offers a powerful white label solution that transforms the way organizations manage, store, and deliver client documents and statements, meet information security and compliance requirements, and drive material operational efficiencies across front, middle, and back-office functions. In 2022, FutureVault was recognized as a top 100 most innovative WealthTech solution provider.
Visit futurevault.com to learn more. Follow us on LinkedIn.
AppCrown And FutureVault Announce Strategic Partnership
New York City, NY — FutureVault Inc., (FutureVault), an industry-leading provider of secure document exchange solutions and pioneering Personal Life Management Digital Vaults, and AppCrown, a leading Salesforce integration and industry data provider, today announced a new strategic partnership that will provide significant value to all stakeholders in the wealth management industry.
The newly formed partnership will connect AppCrown’s enterprise middleware with FutureVault’s secure digital vault platform to build an Integrated Wealth Management Operating System that enables best-in-class Digital Engagement Practices (DEPs).
Industry CRMs such as Salesforce Financial Services Cloud [“FSC”] and FutureVault experience will provide firms and advisors with an entirely new suite of functionality including:
➜ Seamless entry point from Salesforce to access and view individual or householding documents in FutureVault
➜ Push notifications from FutureVault’s Client Vault Portal back to the Salesforce household record of any document activity or workflow events
➜ Ability to transfer documents to and from FutureVault from Salesforce with a complete fiduciary audit trail
“The market continues to look for an intelligent portal with native multi-tiering capabilities. FutureVault’s platform was purpose-built to support multiple organizational levels, householding, 3rd party Trusted Advisors, and importantly provides an out-of-the-box structure that mirrors common Digital Engagement Practices we often see,” commented Franklin Tsung, Growth Advisor of AppCrown LLC.
In addition to creating a seamless Salesforce experience via AppCrown’s proprietary integration point technology, FutureVault will continue to work closely with AppCrown to build multi-custodian: back-office integrations into existing third-party wealth management applications.
“We are incredibly proud to partner with AppCrown as we continue to build an integrated wealth management platform that can support complex Digital Engagement Practices for the industry. AppCrown’s turnkey integration with Salesforce combined with our leading digital vault technology will equip advisors with material efficiency gains and a complete fiduciary audit trail of all interactions with their clients. This functionality enables advisors to demonstrate to Regulators and Compliance Departments a holistic view of their Digital Engagement Practices,” commented Daniel Kenny, Chief Executive Officer at FutureVault.
Both firms, AppCrown and FutureVault, look forward to the mutually beneficial partnership that will provide Broker-Dealers, RIAs (Registered Investment Advisors), and Advisors with a competitive advantage, significantly transforming day-to-day activities and improving the relationships they have with their clients.
About AppCrown
AppCrown LLC, a privately held technology company based in New York, has been delivering managed integration networks for enterprise CRMs since 2009. Within wealth management, banking & brokerage, AppCrown has been delivering turnkey integration networks to Salesforce, enabling some of the largest custodians, such as TD Ameritrade Institutional, to deliver an OEM of Salesforce.
Visit appcrown.com to learn more. Follow us on LinkedIn.
About FutureVault Inc.
FutureVault is pioneering the advent of Personal Life Management through its industry-leading secure document exchange and Digital Vault solutions that enable institutions, advisors, and households to manage information better, together. FutureVault offers a powerful white label solution that transforms the way organizations manage, store, and deliver client documents and statements, onboard and retain clients, meet information security and compliance requirements, and drive material operational efficiencies across front, middle, and back-office functions. By leveraging FutureVault’s patented technology, organizations save significant time and money in their day-to-day workflows.
Visit futurevault.com to learn more. Follow us on LinkedIn.
FutureVault Recognized as Top Global WealthTech Provider
FinTech Global Recognizes FutureVault as One of Top WealthTech Companies Transforming the Global Investment, Banking, and Wealth Management Industries on its Fourth Annual List
TORONTO, ON, April 20, 2022 — FutureVault, an industry-leading provider of secure document exchange and Digital Vault solutions pioneering the advent of Personal Life Management, announced today it has been named one of the top technology companies transforming the global investment, banking, and wealth management industries in the fourth annual WealthTech100 list.
The 2022 WealthTech100 list was officially announced today by specialist research firm FinTech Global. The prestigious ranking recognizes the world’s most innovative technology solution providers that address the digital transformation challenges and opportunities faced by investment firms, private banks, and financial advisors.
A full list of the WealthTech100 and detailed information about each company is available to download for free at www.WealthTech100.com.
“In today’s digital-first, complex world, we’re extremely proud to support wealth management firms and advisors with technology that provides material benefits across their front and back-office functions, while also enabling them to build more trust with their clients by providing unparalleled value delivered via Personal Life Management vaults,” commented Kristian Borghesan, Vice President of Marketing at FutureVault. “Here at FutureVault, our team is committed to innovation and integration that continues to enhance productivity and workflow, and ultimately connect stakeholders across all levels of the organization like never before through our best-in-class platform.”
The WealthTech sector has experienced rapid growth over the last two years as the huge increase in digital financial products and remote client communications due to COVID-19 restrictions has accelerated the need for innovation. On the current trajectory, the global WealthTech market is projected to reach $11.9 billion by 2030.
Thus, it’s not surprising this year’s process to identify the 100 WealthTech innovation leaders was more competitive than ever. A panel of analysts and industry experts voted from a list of more than 1,200 businesses. The finalists were recognized for their innovative use of technology to solve a significant industry problem, or to generate efficiency improvements across the investment value chain.
Richard Sachar, Director at Fintech Global commented, “The rise of digital distribution channels and online financial products has opened new client segments for investment firms and financial advisors. As a result, businesses that fail to keep up with the latest technologies and innovation will be less competitive and lose market share over time. The WealthTech100 list helps senior decision-makers in the industry filter through all the vendors in the market by highlighting the leading companies in areas such as client acquisition, financial planning, portfolio management, and digital brokerage.”
This prestigious recognition marks another notable milestone in the FutureVault journey as the team continues to build a world-class product that solves the everyday challenges faced by brokerages, firms, and professionals everywhere.
FutureVault Partners with Envestnet | Yodlee to Augment and Enhance its Digital Personal Life Management Experience for Wealth Management Clients
Toronto, ON — FutureVault, an industry-leading provider of secure document exchange and Digital Vault solutions, is pleased to announce it has partnered with Envestnet® | Yodlee®, a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation, to further enhance FutureVault’s productivity, connectivity, and experience between financial services organizations, advisors, and end-clients within the FutureVault platform.
“The integration with Envestnet | Yodlee is another milestone in our aggressive 2022 technology roadmap,” commented FutureVault Chief Executive Officer, Daniel Kenny. “This integration is driven by our plan to continue building the most comprehensive digital vault solution and will contribute toward our strategic platform vision that brings together Documents, Data, and Digital Assets”.
The FutureVault platform is used across a variety of segments within the financial services industry including wealth and financial advisory firms, retail banks, credit unions, and family offices. By equipping front, middle, and back-office teams with advanced document exchange features and tools, FutureVault can help financial services organizations drive operational efficiencies, improve compliance, and deliver an unparalleled end-client value proposition. Importantly, FutureVault enables service providers and professionals to securely access, share, and manage sensitive information and documents with clients, together.
The Envestnet | Yodlee integration will provide FutureVault end-users with the following benefits:
➜ The ability to aggregate and centralize critical financial documents and their data from multiple institutions into FutureVault’s secure digital vault platform
➜ Provide Financial Planning professionals with clarity and a holistic view of their client’s financial position
➜ Build and establish deeper relationships with Trusted Advisors
FutureVault’s integration of Envestnet | Yodlee is a step in the right direction as FutureVault continues to build on top of the company’s “Personal Life Management” thesis by aggregating financial documents and data in a secure environment while enabling firms and professionals to leverage patented technology to deliver a “Family Office” type service to clients and members.
“This integration with Envestnet | Yodlee is not only driven by improving the relationship advisors will have with their clients—it is about ultimately providing clients with access to the best tools to manage their financial lives that extend beyond the advisor. This milestone is one more element in our quest to pioneer the Personal Life Management space,” commented G Scott Paterson, Co-founder and Executive Chairman at FutureVault.
The integration with Envestnet | Yodlee is scheduled for Q3 2022.
For more information about FutureVault’s industry-leading platform, including our Envestnet | Yodlee integration, please visit www.futurevault.com or contact us at press@futurevaultinc.com.
FutureVault And PureFacts Build Integration To Securely Automate Delivery Of Financial Statements
The two Toronto-based innovative WealthTech solution providers partner, combining FutureVault’s secure document Vault with PureFacts’ financial data capabilities to improve compliance and streamline back-office administrative functions for institutions and firms.
TORONTO, March 31, 2022 — FutureVault Inc., (FutureVault), an industry-leading provider of secure document exchange and Digital Vault solutions purposely built for the wealth management and financial services industry, and PureFacts Financial Solutions, a leading provider of WealthTech solutions that calculate and automate custodial data including costs and revenues, and of enterprise reporting and insights, today announced a new strategic partnership.
The two well-known WealthTech solution providers have built and established an integration that combines PureFacts’ statement rendering, fee calculation, and data management platform with FutureVault’s proprietary document vault, document retention, compliance, and file-sharing capabilities. The result is a best-in-class, seamlessly integrated technology solution, that enables institutions and firms to not only meet their various administrative and compliance responsibilities but better customize a service experience that meets client expectations through the secure delivery of investor statements. The current integration offers several benefits, including but not limited to:
➜ Single-Sign-On (SSO) from the PureFacts platform to securely authenticate user logins between both applications
➜ Automated secure delivery of PureFacts client reports and statements directly into FutureVault
➜ Automated secure delivery of Advisor fee reports and data directly into FutureVault
Daniel Kenny, Chief Executive Officer of FutureVault, commented, “Our integration [and partnership] with PureFacts offers a massive opportunity for institutions and advisory firms to continue building efficiencies around the secure delivery of documents to increase workflow capacity, satisfy compliance requirements, and enhance their client’s ability to manage important financial documents. In a world where automation and integration are table stakes, our combined efforts materially augment back-office capacity and overall client experience.”
“This is an incredible partnership for our company. I am proud to have the opportunity to continue to work closely with Daniel Kenny and the remarkable team at FutureVault, where our joint efforts are bringing market-leading wealth solutions to the financial services industry,” commented Rob Madej, Founder and CEO of PureFacts Financial Solutions.
The FutureVault and PureFacts integration is currently live and in use by several firms and remains readily available to existing FutureVault and PureFacts customers.
About FutureVault
FutureVault is an industry-leading provider of secure document exchange and Digital Vault solutions for the financial services industry that enables institutions, advisors, and households to manage information better, together. FutureVault offers a powerful white label solution that transforms the way organizations manage, store, and deliver client documents and statements, onboard and retain clients, and manage compliance and audit readiness leading to significant operational efficiencies. By leveraging FutureVault’s patented technology, organizations save significant time and money in their day-to-day workflows.
Visit futurevault.com. Follow us on LinkedIn.
About PureFacts
Founded in 2010, PureFacts is a global company serving over 100 clients with a combined one trillion in assets under management. PureFacts’ wealth-tech solutions help some of the largest and most recognizable global wealth and asset management firms increase productivity, reduce costs, and create enhanced customer experiences. Its’ solutions help firms retain their most valued clients, deliver high-quality advice, and prevent costly mistakes. PureFacts is recognized as a Global AIFintech100 and a Wealthtech100 Company. Global AIFinTech100 recognizes tech companies using artificial intelligence to transform financial services. Wealthtech100 recognizes the world’s most innovative Wealthtech companies that every leader in the wealth and asset management industries needs to know about. Visit https://fintech.global/wealthtech100/ to learn more.
Visit purefacts.com to learn more. Follow us on LinkedIn.
d1g1t And FutureVault Announce Strategic Partnership
Alliance will create a seamlessly integrated WealthTech experience for financial firms and advisors, allowing them to tackle their compliance, document retention and document sharing responsibilities while better meeting the service demands of clients
Toronto, ON – [March 17, 2022] — d1g1t, Inc., the first provider of an enterprise wealth management platform powered by institutional-grade analytics and risk management tools, and FutureVault Inc., (FutureVault), an industry-leading secure document exchange and Digital Vault solutions provider, today announced a new strategic partnership.
Under the terms of the agreement, d1g1t’s portfolio management, trading, reporting, risk and analytics tools will combine with FutureVault’s document retention, compliance and file sharing capabilities. The result will be a best-in-class, seamlessly integrated technology solution, allowing firms and advisors not only to meet their various administrative and compliance responsibilities but better customize a service experience that meets client expectations through d1g1t’s investor-facing mobile app.
Dr. Dan Rosen, co-founder and CEO of d1g1t, commented, “My team and me are thrilled to partner with FutureVault, whose digital document management capabilities are in a league of their own. In our never-ending pursuit to improve outcomes for advisors and clients, d1g1t is on a mission to build the most innovative end-to-end and easy-to-use solution in the wealth management industry. This partnership helps our company get closer to realizing that goal.”
Daniel Kenny, Chief Executive Officer of FutureVault, said, “We know that there is a significant need across the industry for all-encompassing solutions. By partnering with the exceptional team at d1g1t, we can bring that type of integrated solution to the market that addresses the many workflow challenges firms and advisors face, while elevating the experience for both clients and advisors.”
One of the first firms of many to benefit from this unique partnership will be FigTree Financial, which specializes in working with high-net-worth individuals and families. FigTree currently uses d1g1t and FutureVault separately as critical components of its day-to-day workflow – including compliance management and oversight – but will soon take advantage of the fully integrated advisor desktop solution.
Daniel Farmer, Founder and Partner at FigTree Financial said, “Our team is excited to support the partnership between d1g1t and FutureVault in building an integrated advisor desktop. This seamless integration will equip our back and front offices with the necessary tools they need in one place to manage risk, reporting, portfolios, compliance, and documents all in one spot.”
Both the d1g1t and FutureVault leadership teams have extensive technology, financial services, and entrepreneurial experience. d1g1t’s co-founders – Dr. Rosen, Chief Product Officer Benoit Fleury and Chief Operating Officer Philippe Rouanet – have a more-than-two-decade-long record of building and growing successful fintech businesses with strong financial engineering capabilities.
Meanwhile, FutureVault’s founder, G Scott Paterson, is one of Canada’s most prolific technology, media, and financial thought leaders. The company’s current leadership team also includes Chief Executive Officer Daniel Kenny, an HSBC Global Executive for 22 years, and Chief Technology Officer Luke Kyleman, who spent 18 years with Ernst & Young (EY).
Both firms, d1g1t and FutureVault, look forward to the mutually beneficial integration that will ultimately provide advisors with a competitive advantage, significantly transforming day-to-day activities and the relationships they have with their clients.
The d1g1t and FutureVault integration is scheduled to begin during the second quarter of 2022.
About d1g1t Inc.
d1g1t is the industry’s first enterprise wealth management platform powered by institutional-grade analytics and risk management tools that allows firms to elevate the quality of their advice and demonstrate its value to clients. Through a single integrated solution that covers the entire advisory lifecycle, d1g1t provides wealth management firms with a whole new set of capabilities they’ve never had before. Headquartered in Toronto, the company was founded and is led by an experienced financial technology team who have developed leading enterprise portfolio systems for many of the world’s banks, institutional asset managers, hedge funds, and regulators.
Visit d1g1t.com to learn more. Follow us on LinkedIn.
About FutureVault Inc.
FutureVault is an industry-leading provider of secure document exchange and Digital Vault solutions for the financial services industry that enables institutions, advisors, and households to manage information better, together. FutureVault offers a powerful white label solution that transforms the way organizations manage, store, and deliver client documents and statements, onboard and retain clients, onboard and retain advisors, and manage compliance and audit readiness leading to significant operational efficiencies. By leveraging FutureVault’s patented technology, organizations save significant time and money in their day-to-day workflows.
Visit futurevault.com to learn more. Follow us on LinkedIn.
Employee Spotlight: Meet FutureVault’s Jimmy Li
Tell us a little bit about yourself and your professional background – what’s your “story”?
In 2006, when I was 8 years old, my parents and I immigrated to Canada from Beijing, China. Now, we proudly call Canada our home! I had always wanted to be an engineer (both my parents are software engineers), but I really did not enjoy or seriously consider software as a career until my second year in University.
FutureVault is the first company I’ve been at in a full-time software developer role. Before joining the team here in a full-time capacity, I worked at FutureVault as an intern as part of University Toronto’s PEY program, and also as a part-time consultant while finishing up my degree. After officially graduating from the University of Toronto with a Major in Computer Engineering in 2020, I joined FutureVault full-time, and have been enjoying my time here ever since!
What motivates you and keeps you “going”?
I love to code, and I love challenges! I also believe there is always something to be improved upon. So, as long as I am working on interesting projects that push my abilities, the motivation comes naturally!
What has it been like working at FutureVault?
Working at a start-up like FutureVault means every day is a little different, but always exciting! Whether it is working closely with other departments on projects, or interacting with clients directly, I am constantly learning and adapting to new situations. Insights gained from this, as well as occasional client feedback always provide me with a much deeper understanding of how the product is being used, and I try to apply this feedback and insight into my designs and implementations to continue building the best product for our clients.
What does your typical workday on the Technology team look like? Can you share what some of your top priorities are right now?
My typical workday involves a mixture of software development, fulfilling customer support requests, and occasional code reviews. I am the lead in FutureVault’s bulk upload automation and workflow, so a significant amount of my time is dedicated to maintaining and supervising the automated upload process in which documents are securely uploaded from our SFTP servers directly into the vaults of our end users. Currently, one of my top priorities is to refine the bulk upload process so that we can take it to the next level and provide our clients with more automation and efficiency when delivering documents.
Can you share one of your favorite experiences working here?
There are so many great experiences, but I would have to pick the many times, prior to COVID, when some of the dev team and I would go to have lunch at Kinton Ramen every Friday. It’s these little things, like sharing stories and laughs over hot bowls of delicious ramen that remind me why I love working here at FutureVault!
Last but not least, what excites you most about the future of our company?
The fact that so many of our customers choose to stay with us speaks a lot to the product, our services, and the passion of everyone at this company. Through the twists and turns of every year, FutureVault has kept growing, and I am excited to see which direction this, and the next years will take us!
SRG Financial Advisors Launches Mile Marker Digital Vault Powered by FutureVault
SRG Financial Advisors Launches Mile Marker Digital Vault Powered by FutureVault
Osage Beach, MO, USA — SRG Financial Advisors, a wealth management and financial advisory firm headquartered in Osage Beach, Missouri, today announces the launch of the Mile Marker Vault through its partnership with FutureVault, an industry-leading provider of secure document exchange and Digital Vault solutions.
As the cloud-based information management hub of SRG Financial Advisors’ proprietary process, the Mile Marker FORMula, the Mile Marker Vault is the first of several next-generation process and technology upgrades the SRG team is implementing for their clients. The goal is to simplify processes while enriching their clients’ wealth management and financial planning experience, so they can spend more time focused on what matters to them most – family, occupation, and recreation – as they pursue and implement a work-optional lifestyle. With the Mile Marker Vault, SRG bolsters its commitment to a paperless office that provides an enhanced client experience through a secure, digital, client-facing platform. FutureVault’s technology will effectively streamline interactions between SRG Financial Advisors and its clients by equipping them with a secure, shared platform to manage information and documents better, together. As a way of eliminating the back-and-forth exchanges of information and documents, clients will be able to receive, upload and share key files, including onboarding documents, recurring client statements, market updates and communications, and financial services agreements, all in one centralized, organized, and secured environment.
“We are looking forward to the positive impact the Mile Marker Vault will have across the many functions of our business, including simplifying information and document exchanges, managing compliance and document retention, and, most importantly, making our clients’ lives easier through the use of a secure, state-of-the-art cloud vault solution,” commented Bill LaCasse, Owner at SRG Financial Advisors. “Additionally, the vault’s security controls and data encryption will help our clients mitigate their risks from cyber threats and identity theft that can come from the use of regular email and document storage solutions.”
A few key features and components of Mile Marker Vault include:
➜ Best-in-class bank-grade security and compliance
➜ Intuitive document search
➜ Structured taxonomy to securely and efficiently store, manage, and access vault documents
➜ Digitization and consolidation of important documents and information within one secure and accessible location
➜ Dynamic checklists and workflows to standardize processes such as collecting, uploading, and managing information
➜ Vault owner ability to grant and rescind vault, folder, or document-level access to other users
➜ Complete, transparent audit trail of all vault activities
➜ 24/7 high-security storage with data backups and redundancy
“Bill LaCasse and the team at SRG Financial Advisors are an exceptionally inspiring group with an innovative approach toward holistic financial planning. We look forward to becoming an integral part of their company as they look to augment back and front-office efficiencies, as well as enhance their value proposition to clients by providing personal life management vaults,” commented G Scott Paterson, Co-founder and Executive Chairman at FutureVault.
The Mile Marker Vault is now live for internal users to manage company documents. SRG Financial Advisors will look to begin rolling out Digital Vaults to their clients in Q2 2022.
About SRG Financial Advisors
Headquartered in Osage Beach, MO for over 30 years, with additional offices in Columbia, MO and Lee’s Summit, MO, SRG Financial Advisors is an independent financial advisory and wealth management firm with a simple motto: Plan First, Invest Second®. With over 50 years of combined experience, the SRG team works primarily with successful people from all walks of life who are looking for guidance on how to structure the second half of their lives and achieve a work-optional lifestyle. To do this, SRG has developed and refined a proprietary process that helps them take all the pieces of the financial puzzle and assemble them into a plan that integrates wealth management with risk and debt management, income and tax planning, and philanthropy, as well as many other value-added services. This plan allows their clients to focus on what matters most to them and be prepared as their lives unfold and their needs evolve. This process is called the Mile Marker FORMula.
Visit srgfinancialadvisors.com for more information.
William LaCasse and Tyler Bannister are adviser representatives of, and advisory services are offered through, USA Financial Securities Corp., a registered investment adviser located at 6020 East Fulton Street, Ada, MI 49301. William LaCasse is a registered representative of USA Financial Securities (Member FINRA/SIPC). SRG Financial Advisors is not affiliated with USA Financial Securities.
About FutureVault
FutureVault is an industry-leading provider of secure document exchange and Digital Vault solutions for the financial services industry that enables institutions, advisors, and households to manage information better, together. FutureVault offers a powerful white label solution that transforms the way organizations manage, store, and deliver client documents and statements, onboard and retain clients, onboard and retain advisors, and manage compliance and audit readiness leading to significant operational efficiencies. By leveraging FutureVault’s patented technology, organizations save significant time and money in their day-to-day workflows.
Visit futurevault.com to learn more. Follow us on LinkedIn.
Former HSBC Global Executive, Daniel Kenny, to Take the Reigns as FutureVault’s Chief Executive Officer
FOR IMMEDIATE RELEASE
Toronto, Ontario, January 11, 2022 — FutureVault, an industry-leading provider of secure document exchange and patented Digital Vault solutions for the financial services industry, announced earlier today the appointment of former HSBC global executive and recent FutureVault COO, Daniel Kenny, as Chief Executive Officer.
In May 2021, well-known technology veteran and former OpenText CEO, John Shackleton, joined FutureVault to serve as interim CEO for the balance of 2021. Shackleton accepted the mandate of working closely with the FutureVault Board of Directors and the executive management team to fine-tune the Company’s strategic vision and direction while contemporaneously seeking the ideal candidate to take the reigns as the company’s new leader.
“Daniel is as versatile of a leader and executive as they come. His expertise in global financial services along with having a deep understanding of software architecture, makes him the perfect fit to lead the organization”, commented Shackleton.
Shackleton will continue to work alongside the FutureVault executive team as an executive consultant to provide transition support while continuing to help shape the strategic direction of the firm.
Prior to joining FutureVault as Chief Operating Officer in January 2021, Daniel worked for over 20 years with HSBC globally in Tokyo, Jakarta, New York, and most recently in Toronto where he served as Managing Director & COO for Global Banking and Markets, HSBC Canada. Daniel’s background in Systems Design Engineering with Computer Engineering and Management Science Options from the University of Waterloo led him to developing technology-driven strategies and infrastructure across Asia. Upon his return to North America, he oversaw and managed global transformation programs to deploy effective AML and Sanction controls.
“I have been fortunate to work side by side with an incredibly talented group at FutureVault over the past year. 2021 was a notable year for our team in gaining recognition and momentum; all of which have positioned us [FutureVault] for a breakout year in 2022”, commented Daniel.
FutureVault Executive Board Chair, G Scott Paterson, commented, “Daniel is a world-class executive with deep operational know-how, hands-on technology expertise, and extensive knowledge in global financial services. We are excited to have him lead us through the next chapter of our journey.”
For media inquiries and additional information about FutureVault’s patented, industry-leading Digital Vault technology, please visit futurevault.com or contact FutureVault at press@futurevaultinc.com.
About FutureVault
FutureVault is an industry-leading provider of secure document exchange and Digital Vault solutions for the financial services industry that enables institutions, advisors, and households to manage information better, together. FutureVault offers a powerful white label solution that transforms the way organizations manage, store, and deliver client documents and statements, onboard and retain clients, onboard and retain advisors, and manage compliance and audit readiness leading to significant operational efficiencies. By leveraging FutureVault’s patented technology, organizations save significant time and money in their day-to-day workflows.