AdvisorVault Combines E-discovery with Compliant Remote Backup
Summary
“We noticed that small firms often had to work with several vendors to help them achieve these specific data compliance rules from the SEC and FINRA - they had to outsource remote backup of documents to one company and use another for email archiving,” said Allan Lonz, president of AdvisorVault.Priced at one flat monthly fee, the service simplifies data compliance, ensures all gaps are eliminated and gives customers a one-stop vendor for centralization of electronic record protections and supervision.Priced at one flat monthly fee, the service simplifies data compliance, ensures all gaps are eliminated and gives customers a one-stop vendor for centralization of electronic record protections and supervision.The main objective of this offering is to ultimately help firms pass SEC and FINRA audits and to maintain a high level of customer confidence.Benefits of AdvisorVaultThis combination of E-discovery with compliant remote backup creates these key benefits:Compliant Remote Backup- Captures all data from all locations,- Eliminates the need for firms to perform backup themselves using tape, CDs/DVDs or USB drives,- Consolidates remote backup using one standard software,- Easily facilitates the adding of branch offices, laptops and home users easily added to the solution,- Ensures the quick recovery of data in the event of a disasterEmail Archiving- Capture all email from all locations and users- Allows searching and reviewing for non-compliant terms- Flags can be created to block non-compliance emails- Archive searches can be immediately download and given to auditorsDesignated Third Party (D3P)- AdvisorVault acts as the D3P- One source for the D3P- All data can be reproduced in the event of an SEC auditAbout AdvisorVaultAdvisorVault, http://www.advisorvault.org, is the only remote backup provider specifically designed to help small broker-dealer firms achieve today’s stringent data compliance requirements.With our designated third-party status (D3P) we help small firms achieve all the required data compliance rules defined in 17a-3 & 17a-4, as well as the supervisory and disaster recovery demands contained in FINRA rules 3510 and 3010.AdvisorVault contact:Allan Lonz, President and CEOalonz@advisorvault.orgDirect: 416-985-0310Toll Free: 1-866-732-1407http://www.advisorvault.org Contact Information AdvisorVault Allan Lonz 1-866-732-1407 www.advisorvault.org Click here to view the list of recent Press Releases from AdvisorVault Promote Your Business Press Release Pricing Email this page to a friend