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.
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.
Michael Bradley, Co-founder & Chief Marketing Officer