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To effectively manage their unique and complex needs, Family Offices require a secure and structured Digital Vault to protect, store, access, share, and manage sensitive information, data, and documents across multiple entities, geographies, and generations.
Single and Multi-Family Offices that cater to High Net Worth (HNW) and Ultra-High Net Worth (UHNW) families are tasked with an incredibly high level of responsibility when it comes to managing the personal, business, financial, and legal lives of their clients (families) around the clock.
As the role of the Family Office manager(s) evolves, so does the role of technology within the modern Family Office. With critical information, data, and documents being an incredibly large piece of the responsibility for staff and managers, it should come as no surprise to anyone that data privacy and regulatory compliance are table stakes to protecting and safeguarding the Families’ interests.
Business News Daily advises, “Cloud storage is one of the best investments a small business can make.” The keyword, of course, is “investment.” With respect to Family Offices, the level and return on investment is tenfold. Family Offices require a secure, encrypted service that has all the benefits of the cloud — knowing where important data is filed, a disaster backup, access to files on the go, being able to share documents and multimedia files that are too big for email — without any of the drawbacks.
That’s the type of security and peace of mind that comes with FutureVault for Family Offices, keeping essential information in an encrypted digital vault at secure data centers with institutional-grade protection.