An intuitive digital vault platform powered by FutureVault should be an essential part of every Internal corporate communications structure.
Celent Ranks FutureVault’s Digital Vault Platform as Top Digital Estate Planning Solution
Proprietary Digital Vault Technology Provides Estate Planners and Attorneys with a Suite of Digital Tools to Optimally Manage Document Workflows and Better Engage with their Clients.
TORONTO, April 7, 2020 – FutureVault, an industry-leading Digital Vault Platform in the financial services industry, announced today that Celent, an Oliver Wyman company and global research and advisory firm, has recognized FutureVault as a leading Digital Estate Planning solution in its recently published report, Digital Estate Planning, COVID Proofing Your Estate.
Digital estate planning solutions, from Celent’s view, span several different services. At its core is a digital vault that allows users to store and catalog their digital assets such as critical financial documents, combined with a legal estate planning document generator and a collaboration tool that enables advisor oversight.
“A mature player in the digital estate planning space, FutureVault’s strength lies in its advisor dashboard,” said Awaad Aamir, Wealth Management analyst for Celent. “FutureVault’s checklist feature highlights the steps required to complete a client’s estate plan, keeping advisors on track with a fiduciary audit trail to assist with compliance obligations”.
Specifically, FutureVault’s Digital Vault and comprehensive estate planning tools provide firms and their advisors with the following benefits:
• Consolidating estate planning documentation in a single space
• Improving document workflows to significantly reduce time and costs
• End-to-end solution from client onboarding to ongoing engagement
• Unique method of differentiation in a highly competitive industry
• Bank-grade security and encryption offering better document sharing alternative to email
• Fiduciary audit trail and activity log to significantly improve audit readiness
• Dynamic checklists that enable advisors to collect information and documents, streamlining the estate planning process
“When we started FutureVault, we conceptualized a solution that would be ideal for Estate Planners and Attorneys and we are delighted to now being recognized as a leading provider in this space,” said G Scott Paterson, Co-Founder and Executive Chairman of FutureVault, “Our Digital Vault solution was built with the modern advisor and firm in mind, giving them along with Trusted Advisors involved in the planning process, the innovative tools they need to optimally manage the estate planning process. Our proprietary technology platform emphasizes security first and foremost at the same time as revolutionizing the way advisors are able to engage with their clients, saving both parties time and money in comparison to legacy systems and processes.”
This recognition by Celent continues to position FutureVault as a leading provider of information management, document collaboration, and digital vault solutions for the financial services industry.
For more information about FutureVault’s digital vault solutions, please visit futurevault.com.
About FutureVault
FutureVault is an industry-leading digital vault platform that helps organizations and their clients manage information better, together. FutureVault offers a powerful white label solution to manage document distribution and collaboration, while allowing end clients to digitize, deposit, store, and manage all their most important business and personal information. Organizations leverage FutureVault’s proprietary technology to acquire and retain clients, unlock new revenue streams, improve operational efficiencies, protect information assets and maintain compliance obligations.
Media Contact
Michael Bradley, Co-founder & Chief Marketing Officer
michael.bradley@futurevaultinc.com
Implementing a Multi-Generational Digital Strategy That is High-Tech and High-Touch
For financial service firms to remain successful in the years to come, they must implement a multi-generational digital strategy that is high-tech and high-touch
Digital Vaults Empowering the Remote Financial Advisor
Know with confidence your financial advisors are armed with the latest digital vault collaboration tools, the leading document management system, when working remotely.
Digitization: The New Norm For Wealth Management Firms and Advisors
The most robust document management system is the digital vault. Digital vaults provide a secure environment in which to store, manage, and transfer documents. A highly intelligent document management tool that goes well beyond storage.
Global Banks in the Midst of Launching Enterprise Wide Digital Collaborative ‘Vault’ Solutions
Increasing demands are pushing those in global banking to rethink the customer experience and, as a result, are integrating cloud solutions, like digital collaborative vaults, that facilitate encrypted document sharing between clients, advisors, and other professionals.
United States Department of Defense Researching Potential Blockchain Solutions For Cybersecurity
US Department of Defense experimenting with blockchain technology as possible cybersecurity solution. The Department of Defense, in its report ‘DoD Digital Modernization Strategy: DoD Information Resource Management Strategic Plan’, released July 2019, states it is experimenting with blockchain as a means of secure communication between personnel and also as a way to create unhackable code. […]
FutureVault Wins Award for Smart Solutions at Toronto Region Board of Trade Business Excellence Awards (BEAs)
Toronto Region Board of Trade selects FutureVault as top ‘Smart Solution’ of 2018 We are so proud and humbled to announce that the Toronto Region Board of Trade has awarded FutureVault with a Business Excellence Award (BEA) in the Smart Solutions category. For the past 8 years, the Toronto Region Board of Trade has sought out […]
Orion Advisor Services & FutureVault Announce Integration of Secure, Intelligent & Collaborative Information Management
Orion Advisor Services, LLC (“Orion”), the premier portfolio accounting service provider for financial advisors, has announced an integration with FutureVault – the industry-leading provider of secure document exchange and Digital Vault solutions for wealth management and financial services firms.
With this new integration, Orion advisors can now offer their clients FutureVault’s Digital Collaborative Vault to securely deposit, store and manage important financial, legal and personal documents. FutureVault can help improve the sharing and fiduciary tracking of essential documents between Orion advisors and clients in addition to a client’s external network of Trusted Advisors (i.e. lawyers, accountants, insurance brokers, etc.) providing complete transparency and enhanced communication and collaboration.
“FutureVault provides a unique opportunity for Orion advisors to deepen existing client relationships and build multi-generational ones,” said Eric Clarke, CEO, Orion Advisor Services. “FutureVault provides the security and organization that will not only bring quantifiable value to clients’ daily lives, but will also help Orion advisors differentiate their overall offering, streamline business processes, improve the robustness of their compliance regimes and ultimately enhance the overall client experience.”
FutureVault will be integrated into Orion’s extensive portfolio of Financial Advisor solutions. Key features of the Digital Collaborative Vault include bank-grade security and privacy, optical character recognition (OCR) with smart-filing technology, pre-configured digital filing cabinet with a flexible infrastructure for folders, documents and document forms.
“Orion has recognized the requirement to and benefits of managing and organizing personal and business information with the same focus and expertise as a client’s financial assets,” said John D. Orr, CEO, FutureVault. “FutureVault’s intelligent and intuitive filing system and unique collaboration features offer Orion advisors and their clients a solution to save time, increase productivity and provide new levels of security and peace-of-mind while ultimately deepening their relationship.”
About Orion
Orion Advisor Services, LLC (Orion) is the premier portfolio accounting service provider for advisors. Our firm has unique insights into the advisory profession because it was founded for investment advisors by an investment advisor in 1999. Orion frees advisors from back-office tedium so they can enjoy their business again by devoting their time and energy to better serving clients. Orion provides the integrated and fully customizable technology solutions that advisors need to help grow their businesses over the long term. The firm’s technology solutions empower more than 1,200 firms, have $500 billion in AUA and over 1.9 million accounts.
The Importance of Smartphones to Financial Services
Apple’s App Store turns 10 in July, but it’s showing no sign of aging. Smartphones are now such a huge part of our daily lives that the average person spends five hours per day on their device. The vast majority of that time is spent interacting with apps that help us do things like order […]
