FutureVault has added top talent to its management team. The company, which has developed the most sophisticated, secure digital filing cabinet and safety deposit box available on the market, allows users to digitally deposit, store and manage important financial, legal and personal documents through a white-label, cloud-based, SaaS platform offered by financial institutions and partner organizations.
“After our successful launch in September, we confirmed what we already knew: that there is a tremendous need for a product like FutureVault. Everyone from financial institutions to accounting firms to law firms to academia will rely on this type of technology to communicate with and serve their clients. Our aim post-launch was to build a seasoned management team that could take us out of launch mode and into aggressive growth mode. We believe this is the team to do just that,” said G Scott Paterson, Chairman & CEO, FutureVault.
Additions to the FutureVault management team include:
Kevin Whyte has joined FutureVault as President and Chief Operating Officer. Kevin brings more than 32 years of leadership in the financial services industry with a particular focus on information technology and operational delivery. Previously, he held the positions of COO of OPTrust, CIO and Senior Vice-President of Wealth Operations & Technology at TD Bank, and before that as Vice-President and Managing Director of IT at Royal Bank (RBC) Investments / Dominion Securities. Kevin has extensive experience and knowledge of the wealth management and investment industry and a proven track record in aligning operations and technology planning, direction, and delivery with business strategies through strong working relationships throughout the organization.
Richard Adair has joined the company as Vice Chair where he will manage a portfolio of key mandates for FutureVault, including business development and strategic planning. Richard brings nearly 20 years of C-level experience in both technology and insurance industries. Richard is the former CEO of Symbility Health, former President & COO of Symbility Solutions and President and COO of Adjudicare. Prior to his work with Symbility, Richard led a successful restructuring of Systech Retail Systems Corp. based in Raleigh, North Carolina. Richard also currently serves as Chairman of the Audit Committee for Pioneering Technologies.
Tom Duane joins the company as the Chief Technology Officer. Tom has more than 30 years of experience in the delivery of system solutions to the financial services industry and government. Like Kevin, Tom is also a former senior technology executive from TD Bank where he worked in various delivery roles including architecture, software development, system security and Technology Risk management. Tom was integral in driving adoption of key technologies that underpin many of TD’s successful applications.
Rudy Sankovic has been appointed Chief Financial Officer. Rudy is also a former TD Bank Group executive, where he served as the Senior Vice President, Investor Relations. He worked closely with the Executive Team to communicate TD’s corporate strategy and financial and business performance to the investment community, and provided investor feedback to the Senior Executive Team on strategy and capital management decisions. Rudy joined TD in February 2004 as SVP and CFO of the Wealth Management Division responsible for Finance, Risk and Strategy with teams in Canada, the U.K. and the U.S. Prior to joining TD, Rudy was SVP and CFO of the Personal and Commercial Banking Division of Royal Bank of Canada, where he was responsible for finance and strategy.
“We are delighted by the recent major additions to our management team” said Mr. Paterson. “We have attracted top talent with deep expertise and experience in operations, technology (particularly security), banking, and business development. These key hires speak volumes about the collective belief in our company, our vision and the exciting space that we’ve carved out within FinTech. This is truly one of the strongest management teams I’ve had the pleasure of working with throughout my entire career – we’re very fortunate.”