solutions
Financial
Perfect for investment professionals
You’re probably familiar with how the SEC defines fiduciary obligations. But did you know that the SEC and FINRA require brokers to keep every trade record, statement, account record and all documents (including email) that are a record of their business? These records must be stored for five years or more. Failure to comply can result in fines, loss of licenses and even criminal prosecution for obstruction of justice. These requirements aren’t theoretical. Already, firms have been fined as much as $1.25 million for not having a plan in place.
Failsafe solutions needed.
Both FINRA and the SEC require securities firms to be able to both easily and quickly produce regulated documents. Securities firms need a comprehensive, automatic, failsafe system. Neither hard disk failure, nor forgetfulness, nor “I just didn’t get around to it” are acceptable excuses. Indeed, failure to comply can be treated as evidence of guilt during an investigation.
Securities firms must also be able to prove that their records are real and haven’t been altered. Manual backups and tape-based solutions don’t even meet these minimum requirements. Only UV Backups simultaneously provides comprehensive retention, easy recovery, offsite storage and a bulletproof audit trail.
Email archiving.
UV Backups securely captures every email: inbound, outbound and internal, including attachments. You set the rules for who has access to restore emails. It’s fast and easy to search on nearly every component of an email and restore it to your own or a separate mailbox.
Data backup & recovery.
UV Backups automatically backs up data over the Internet as frequently as you’d like: client files, contracts, working documents, financial records, employee information, even laptops. You name it, UV Backups captures it, encrypts it and gives you an audit trail to ensure compliance with FINRA and SEC regulations.
