Powerful digital vault technology enables an optimized
workflow experience and a well-designed
compliance program for investment
professionals
NEW
YORK, April 19, 2023 /PRNewswire/ -- Zephyr, a
subsidiary of Informa plc (LSE: INF), and a recognized leader in
financial services software for investment professionals via their
Zephyr investment management platform has entered into a strategic
partnership with FutureVault, an industry leading provider of SEC
and FINRA-compliant digital document vault solutions. FutureVault
has been at the forefront of developing software to address crucial
compliance requirements.
"We see numerous applications for
FutureVault's Personal Life Management Vault™, says Chris Volpe, head of Zephyr.
In March of this year, the U.S. Department of Justice (DOJ)
released Evaluation of Corporate Compliance Programs,
providing revised guidance requirements for corporate compliance.
At issue according to the document: 1. Is the corporation's
compliance program well designed? 2. Is the program being applied
earnestly and in good faith? In other words, is the program
adequately resourced and empowered to function effectively? 3. Does
the corporation's compliance program work in practice?
FutureVault's innovative technology provides seamless digital
document retention in a secured, organized environment. It's secure
document exchange enables the automated delivery of statements and
reports to clients and institutions.
"The new remote workplace for both investors and advisors has
ushered in more forms of digital communication," says Chris Volpe, head of Informa's Zephyr business.
"FutureVault technology automates the transfer of digital documents
into a secure digital vault, which we believe satisfies the DOJ's
requirement of a well-designed compliance program."
FutureVault also offers expanded benefits for advisors through
the company's Personal Life Management Vault™. These
individual digital vaults can be assigned to clients to house their
investment documents. In addition, other important documents can
also be uploaded. The client manages access to their vault via
entitlements.
"We see numerous applications for FutureVault's Personal Life
Management Vault™. It serves to ensure firms, advisors, and
clients have seamless access to critical information, data, and
documents on demand. It also expands the client-advisor
relationship, creating an unique engagement model for generational
services," adds Volpe.
"We know all too well that firms and advisors are faced with a
considerable amount of workflow challenges with respect to
technology, making it difficult for them to properly scale," says
Daniel Kenny, Chief Executive
Officer at FutureVault. "Partnering with Chris Volpe and the exceptional team at Zephyr
positions us to continue delivering a best-of-breed ecosystem of
solutions for our clients that addresses industry challenges and
elevates the experience for both clients and advisors across the
board."
The Zephyr and FutureVault integration is scheduled for late Q2
2023.
FutureVault's CEO Daniel Kenny is
part of the upcoming Zephyr Summit panel on technology innovations
(May 21), "Crafting Meaningful
Connections: Proven strategies to grow your client list and
increase AUM." To register, please visit
Informaconnect.com/Zephyr-Summit. Space is limited. The cost is
just $50 for the entire program and
includes a dynamic Keynote Luncheon headlined by Michael J. Coles, Co-Founder of the Great
American Cookie Company, former CEO of Caribou Coffee and former
Chair of Brand Bank.
Zephyr provides investment professionals access to timely
information, exclusive research and comprehensive data to keep
their clients' clients engaged and informed. Zephyr's wealth and
asset management software consistently scores high among users for
its ease of use, custom client presentation options, portfolio
proposal generation, portfolio performance, asset
allocation and ESG analysis tools. The Zephyr team is
committed to ensuring their customers possess all the necessary
resources to exceed their client's expectations.
About Zephyr
Zephyr's financial services solution enables wealth managers and
advisors to fully manage client investment goals with communication
tools to create custom, professional proposals and presentations
that convey advisor strategies and success. The platform
consistently scores high among users for its ease of use with
valuable tools including presentation center, portfolio proposal
generation, performance measurement, asset allocation modeling,
research, analytics and ESG ratings and reviews. Visit
ZephyrFinancialSolutions.com to learn more.
About FutureVault Inc.
FutureVault is a market-leading provider of secure document
exchange and Personal Life Management 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 documents and
statements, meet information security and compliance requirements,
and drive material operational efficiencies across front, middle,
and back-office functions through automated workflows and
integrations. FutureVault is recognized as a top 100 most
innovative global WealthTech solution provider. Visit
futurevault.com to learn more.
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SOURCE Zephyr, an Informa Company