FutureVault

Digital vaults for financial institutions

Banks, financial services firms and insurers use FutureVault for digital vault and document software. Its platform, which the company calls intelligent document infrastructure, stores client and internal documents in secure digital vaults. The company says the system is purpose-built for back, middle and front-office teams as well as for the clients those teams serve.

Where the company came from

The business began in 2013, when three colleagues with decades of experience across technology, media and finance decided to move their own working lives away from paper. Before that, they had worked together at a large internet television technology company, and they ran a technology incubator called SB2 Group. Their shared view was that information overload had made digital life more complicated, and the company's software is built around taking that load away from the people who handle documents.

Document processing and AI features

The newer part of the platform is intelligent document processing, which reads and handles incoming documents automatically. The site describes AI-powered digital vaults in which both client and internal material can be kept and found, and it presents document intelligence as the layer that connects storage to the everyday work of a financial institution.

Security and compliance

The company states that its encryption applies both in transit and at rest, which it describes as bank-grade. Its security and compliance section cites SOC 2 Type II and PCI controls, the audit and card-data standards that financial buyers commonly ask about before adopting a vendor. The platform overview on the site is organised around those three working groups, each with its own needs.

FutureVault provides digital vault and document software for financial services firms. The company began in 2013, started by three colleagues from technology, media and finance who had earlier set up a technology incubator called SB2 Group.

What FutureVault does

• Digital vaults: secure storage with AI features for client and internal documents.
• Document infrastructure: a platform that organises documents for back, middle and front-office teams.
• Intelligent document processing: automated reading and handling of incoming documents.
• Security and compliance: encryption in transit and at rest, with SOC 2 Type II and PCI controls.

Clients

Banking, financial services and insurance enterprises, and the clients those firms serve.

Key facts

• Founded: 2013
• Focus sector: banking, financial services and insurance
• Security standards: SOC 2 Type II and PCI