From IFAs and insurers to wealth managers and stockbrokers Invu Document Management solutions support a range of financial institutions to provide more effective client relationships. Increased visibility and access to information drives heightened service levels and ensures that firms have the information necessary for ‘Know Your Client’ requirements. This then adds to your firm’s ability to ensuring that you maintain an awareness of client and investment Suitability.
All firms need to consider the impact of US legislation coming into force in 2013 via the Foreign Account Tax Compliance Act (“FATCA”). Designed to enforce compliance on US tax evaders its reach is wide and catches even the most tenuously linked investor and agent. Compliance with FACTA that firms maintain copies of electronically searchable documentation.
Invu is a member of the Association of Private Client Investment Managers & Stockbrokers and numbers Redmayne Bentley, Vestra Wealth, Charles Stanley & W H Ireland amongst its customers.
With Invu solutions your documents, emails and forms are captured, secured and easily searchable. They are also tracked, audited and version-controlled. Invu systems work with Anti-Money Laundering tools so firms can handle risk, ensure compliance and adhere to best practice governance. Invu enhances workflow operations, providing industry standard audit trails and robust data security.
Invu integrates with back office applications to deliver real cost efficiencies and seamless value added functionality. Whether it’s reduced reliance on paper documents or raised compliance levels and client service, Invu can bring an increasing range of benefits to your business. By enabling office inter-connectivity Invu also enables you to build a more cohesive working environment.
Invu solutions also resolve office space challenges giving the ability to reduce costs and work more effectively via simple automated systems. As well as augmenting your compliance processes, Invu also typically provides a return on investment – in terms of both money and time – in less than six months.
For many firms compliance is the essential driver. Keeping documentation indefinitely comes at a cost – financial in terms of storage costs and rents and in time with the detrimental effects on efficiency that this brings. In particular, the ability to quickly source information and documents is often impacted, especially where filing is archived off site. Invu can positively impact on your client service levels so that you can respond quickly and comprehensively to queries with an holistic client view.
Stringent compliance to FSA regulations does not necessarily mean a paper mountain – a fact confirmed by the volumes of email correspondence requiring tracking too. Traceability of all client transactions is needed whatever the format. Invu Document Management gives security, version control and auditability without sacrificing the ability to find information rapidly.
Invu works with customers to build practical solutions, deployed in line with their needs and over a timeframe which suits their operations. We’ve built a reputation for clarity and trust, delivering to budget and time without major surprises.
Using Invu can also give you the opportunity to utilise your systems to fullest capacity; not only in terms of Document Management but also within a broader remit. We collaborate with you to review and assess your processes and this adds value to our engagement process. By assessing your wider operational methods, we can deliver a broader perspective on your needs and highlight potential extra cost savings.
If you're interested in discovering how Invu could transform the way your business performs please get in touch using our contact form or call 01604 859893.