c Now Providing Secondary Storage, Which Offers Added Security for New Account Applications
Orbis Systems, Inc., a subsidiary of ViewTrade Holding Corp. and leading fintech company, is releasing a new cloud-based data storage feature to its suite of account management and onboarding offerings, giving clients a new way to back-up data that is both secure and easily accessible.
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Orbis’ new storage feature automatically creates a snapshot of completed new account applications and stores them in a secondary back-up cloud location, in addition to their own controlled storage solution. Once stored, a client can retrieve the data for any application as a password-protected PDF. This secondary option provides both extra data security and peace of mind. Clients can also choose to store a backup of the new application in their own controlled storage provider.
“At Orbis we are committed to constantly improving our systems and continuously innovating to offer new features that enhance the client experience,” said Sergei Lishchenko, Director of Digital Experience and Innovation at Orbis Systems. “This new cloud-based data storage offering is another way that we are ensuring that every step in the client onboarding process runs smoothly.”
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Applications backed up in client-controlled SFTP or AWS S3 cloud storage environments can be retrieved as a password-protected PDF. Clients can choose to configure their storage system as WORM (write once, read many)-compliant. This storage method ensures that the data cannot be changed once created and is unalterable once stored.
“Staying compliant during the account opening process is essential for our clients,” said Mark Ford, Chief Compliance Officer at ViewTrade. “With this innovative new offering of secondary data storage, we are again delivering to the market based on the needs of our clients. This gives them greater peace of mind as well as more convenience, speed and flexibility when it comes to the account onboarding process.”
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