FutureVault

10/29/2024

By automating, aggregating, and centralizing critical firm-level documents (e.g., monthly statements, account opening documents, KYC forms, tax slips, trust documentation, performance reports, and so forth) alongside client-uploaded content—what we have coined as ‘Alpha Content’ (and referenced often by our CEO, Daniel Kenny) —FutureVault establishes critical automation and workflow for the back, middle, and front office functions, along with providing advisors with a comprehensive view of clients' overall financial life (and often other areas of their personal lives) to drive engagement and deliver better advice when it matters.

At the core of the FutureVault value proposition lies our platform’s ability to serve as the single source of truth for enterprise, advisor, and client-facing documentation.

This is where the true value of is unlocked (and where it is currently untapped... until now).

08/19/2024

Today marks a significant milestone for FutureVault as we officially announce the integration of Artificial Intelligence (AI) and Private Large Language Models (LLMs), ultimately powering the future of financial services and delivering a new value paradigm like never before.

FutureVault was conceptualized with a view that the aggregation of critical documents when coupled with AI will ultimately change the face of financial services and advice for the better.

While today’s announcement officially highlights the integration of private Large Language Models (LLMs) in the FutureVault platform, we have adopted and introduced Artificial Intelligence (AI) into the platform as early as 2016. In 2021, we were successfully granted our first of many patents from the United States Patent and Trademark Office (USPTO) for our AI-driven Auto-Filing capability, a proprietary capability leveraging Optical Character Recognition (OCR) and Artificial Intelligence to suggest optimal filing locations for documents.

"By aggregating documents across all facets of clients’ lives – financial, health, education, etc., the power of a private LLM to gain a holistic view of a client’s life is powerful and differentiates FutureVault from other platforms that can only offer a siloed view of a person’s situation based on the limited information they contain.” — Daniel Kenny (FutureVault CEO)

“Data within documents holds immense power, providing rich, contextualized information central to client and enterprise operations within Digital Vaults. Our use of AI and private LLMs enables a client-centric experience and enhances primary client relationships for institutions, enterprises, and front-office professionals.” — G. Scott Paterson (FutureVault Founder & Executive Chairman)

Read the full press release to learn more about today's announcement:

FutureVault's Digital Vault Platform is known for its automation, efficiency, security, and digital client experience capabilities. Now, with AI and Private...

03/26/2024

Yesterday, Wealth Professional Canada announced the Excellence Awardees for its 10th annual Wealth Professional Awards, naming FutureVault as an Excellence Awardee for WealthTech Service Provider of the Year.

Our team is incredibly proud to receive this recognition for the third consecutive year and it stands as a true testament to the level of excellence and innovation behind the FutureVault platform, which is a direct result of the support from our team, partners, and importantly our customers, including the thousands of wealth professionals using FutureVault.

FutureVault’s secure digital vault platform (the Client Life Management Vault™ and Business Life Management Vault™) provides institutions, firms, professionals, and their clients with a secure single source-of-truth to access, share, exchange, and manage critical enterprise, advisor, and client (household or institutional) information, data, and documents while meeting regulatory requirements including document and data retention set forth by regulatory authorities like CIRO, FINRA, the SEC, more. FutureVault is SOC 2 Type II and PCI DSS compliant and is equipped with institutional-grade encryption in-transit and at-rest.

In an evolving wealth management landscape where data, information, and documents are central to every bit of operations and client servicing, Digital Vault solutions like FutureVault are table stakes for firms and institutions to grow, scale, and maintain compliance. As the FutureVault platform continues to innovate and drive towards insights, data, and analytics directly from critical enterprise, advisor, and client-facing documentation, FutureVault’s value proposition continues to expand by enriching the advisor-client experience and enabling professionals to streamline operations while having more meaningful and timely conversations with clients.

Winners will be revealed and celebrated live at the grand awards show happening on Thursday, June 6, 2024 at the Liberty Grand, Toronto.

https://www.futurevault.com/blog/futurevault-named-excellence-awardee-for-wealthtech-service-provider-of-the-year

03/20/2024

Thank you FoundersBeta (and FoundersPress) for the recognition and for including FutureVault in their roundup of the Top 13 Fastest Growing Canadian WealthTech Companies.

We're always fortunate and grateful to be included alongside other great and well-recognized organizations innovating and disrupting the financial services and wealth management industry for the better.

https://thefounderspress.com/top-wealthtech-companies/

There’s a massive transformation of generational wealth in the coming years. Wealth technology is transforming the industry to provide digital solutions for managing wealth, investments, and personal finances. These solutions ultimately help democratize access to financial services, empower indivi...

03/14/2024

Our team is thrilled to share that FutureVault has been named 'Best RegTech Startup' in this year's 8th Annual FinTech Breakthrough Awards.

Our industry-leading, secure digital vault platform provides institutions, firms, professionals, and end-clients with a secure single source of truth to access, share, exchange, and manage critical enterprise, advisor, and client information, data, and documents while meeting regulatory requirements including document and data retention set forth by regulators like FINRA, SEC, CIRO, and more.

Digital Vaults will become the centerpiece of modern FI's and Wealth Management firms where compliance, operations, and client servicing all converge and overlap.

Not only are we providing confidence when it comes to data security and meeting regulation, but we’re also streamlining operational capabilities with straight-through processing capabilities and ultimately helping organizations deliver a better value proposition to (and for) their advisors and clients via the Client Life Management Vault.

Major thanks to our team, our partners, our customers, and everyone else who continues to support our journey to make recognition like this possible.

https://www.futurevault.com/blog/futurevault-named-best-regtech-startup-in-8th-annual-fintech-breakthrough-awards

Industry-leader in Digital Vaults, FutureVault, named ‘Best RegTech Startup’ in the 8th Annual FinTech Breakthrough Awards.

03/08/2024

In our most recent product release, we introduced Vault Types, giving Administrative users more flexibility and control over how to organize and structure the types of clients they work with.

When creating new Vaults, Admin users now have three options available to them when selecting the 'Vault Type':

1. Individual Vault: A Vault dedicated to managing information and documents for a specific individual.

2. Household Vault: A Vault dedicated to managing and organizing documents within a household for two or more people as a way to keep family information and data secure and in one place.

3. Organization Vault: If your client is a business or an institutional client, you can improve the way the organization's information is stored, exchanged, and managed.

For more information on Vault Types, recent product updates, and to learn why firms are making the switch to FutureVault, get in touch with our team: https://futurevault.com/contact

03/01/2024

Our team is excited to share that FutureVault has been recognized by FoundersBeta in its annual Top 100 Companies to Watch in 2024 (coming in at No. 14).

This annual list and coverage by the FoundersBeta teams spotlights and recognizes some of the fastest-growing startups, scale-ups, and tech companies.

This recognition is a true testament to the work our team continues to do behind the scenes and to the growing demand we are seeing in our platform and its capabilities.

Kudos to our team, our partners, and our customers for their ongoing support, feedback, and trust 🤝